by Jeff Bishop | Nov 22, 2020 | Total Alpha
A lot of traders are trying to figure out how to position themselves for this holiday-shortened week… Guess what happens most years during Thanksgiving week? Bulls ram the markets higher into Wednesday’s close… I scream at the Cowboys on...
by Jeff Bishop | Nov 15, 2020 | Total Alpha
In 2020, the average daily option contract volume is ~29M. November’s average so far is 33.17M. Last Monday, when the vaccine news hit the wire, 48.5M contracts traded. To be fair, that’s a whisker under the all-time high of 48.96M. Options Clearing...
by Jeff Bishop | May 27, 2020 | Total Alpha
While we focused on the stock collapse in March, banks feared a freeze in credit markets. That’s when the Fed stepped in to purchase everything from treasuries to junk bond ETFs. Now the Fed is cutting purchases, and MARKETS AREN’T PREPARED! But you will be when I...
by Jeff Bishop | Apr 16, 2020 | Editorial, Options Trading, Total Alpha
Banks didn’t give investors a lot to cheer about this earnings week. Most of them saw profits slashed by 40%, 50%, or even more. In other words… Buckle up, cause we’re in for a rough ride! But overall, the market has moved from completely oversold to...