by Jeff Bishop | Oct 12, 2020 | Editorial, Total Alpha
To answer this in a word – yes. And I think this could set up for $3,000 an ounce in the near future. Let me explain. Everyone assumed that gold prices took off this year as a safety trade. When I dug into the charts this week, I realized something wasn’t...
by Jeff Bishop | Sep 28, 2020 | Editorial, Total Alpha
For some reason, the VIX and volatility has remained stubbornly high. But there’s something curious when you look at the chart. VIX Hourly Chart Folks – this is a warning shot. Every time the VIX ran into the 200-period moving average...
by Jeff Bishop | Sep 20, 2020 | Editorial, Total Alpha
All eyes focused on the Fed last week, and rightfully so. No one expected them to adjust rates. But they failed to offer additional support for the markets, even verbally. That left bulls running for the exits. Tech stocks from Advanced Micro Devices (AMD) to...
by Jeff Bishop | Aug 6, 2020 | Total Alpha
Many of the markets entered ludicrous territory lately… Where investors talk about fundamentals like some quaint relic from a bygone era. No market highlights this better than gold. As more bulls crowd this trade, the chances it falling off a cliff increase...
by Jeff Bishop | Feb 24, 2020 | Editorial
Many traders woke up this morning in utter dismay when they saw the DOW futures trade down by more than 740 points. The fear of coronavirus cutting into corporate revenues across the globe is now becoming a reality. Companies like Apple, FedEx, and Starbucks have...