by Jeff Bishop | Aug 24, 2020 | Total Alpha
How much do you trust this market? Do you think it will rise forever? Or are you waiting to short it… like your life depended on it? Listening to the talking heads won’t help you find an answer. But… Analyzing the major markets will tell you everything...
by Jeff Bishop | Aug 17, 2020 | Total Alpha
Stocks and the VIX have a testy relationship. When stocks fall, the VIX spikes. If the VIX spikes, stocks tend to fall. But does the VIX trade like any other instrument? As a matter of fact, it does! Which is what makes this chart essential for this trading week. VIX...
by Jeff Bishop | Aug 14, 2020 | Editorial
We’re told that bonds and stocks trade in opposite directions. In reality, it’s not that cut and dry, despite what economists would have you believe. Over the last 20 years, the TLT and SPY have a daily correlation of -0.424. While that’s a pretty...
by Jeff Bishop | Aug 11, 2020 | Total Alpha
Over the weekend, I received a question from a High Octane Options member. Some of it dealt with the crude oil price crash from a few months ago…when the futures actually traded negative. But they weren’t asking about crude oil. Instead, they wanted to know if...
by Jeff Bishop | Aug 10, 2020 | Total Alpha
Markets aren’t cheap by any traditional measure. But that hasn’t stopped bulls from trampling bears left and right. If the SPY crests $339.08 and starts closing daily above that level… Prepare for the mother of all rallies! SPY Daily Chart So far, it’s been...
