First and foremost, I want to wish everyone a happy and healthy New Year. I appreciate each and every person who has connected with me this year with words of encouragement and criticism (yes, I actually welcome it), through e-mail, on the phone and in personal meetings. For those that just read my blog, follow my tweets, or attend the classes that I hold, thank you for the continued support, it means the world to me. It has been my privilege and pleasure to connect with you and I look forward to doing it again in 2011.
2011 is the best year yet! There are amazing opportunities for this coming year. I am excited at what is ahead of us.
Thank you,
Michael “tiny” Saul
Tinymjs at gmail dot com
Friday, December 31, 2010
S&P 500 video for Friday, December 31st
http://chart.ly/sunjvyr
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
Thursday, December 30, 2010
Wednesday, December 29, 2010
S&P 500 video for Thursday, December 30th
http://chart.ly/94jnpyk
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
X
Despite a Dark Cloud Cover setting up a few days ago, X now looks to be in a nice looking daily Bull flag
Michael tiny Saul
tinymjs at gmail dot com
Tuesday, December 28, 2010
S&P 500 video for Thursday, December 29th
Can be found here: http://chart.ly/xuleivi
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
MCP chart
Nasty reversal on Tuesday. Support points are the gap, the 10 day moving average, and the horizontal line.
Michael tiny Saul
tinymjs at gmail dot com
Monday, December 27, 2010
S&P 500 video update for Tuesday, December 28th
Can be found here: http://chart.ly/lxxfiag
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
Sunday, December 26, 2010
S&P 500 video for December 28th
Can be found here: http://chart.ly/jpbuea6
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
Thursday, December 23, 2010
For everyone that came to the class last night
It was my absolute privilege to speak to everyone. Thank you for making my holiday a great one.
For those that inquired about coaching, I will be contacting everyone today.
Have a great holiday! I will see you over the weekend with some videos and posts.
Michael tiny Saul
tinymjs at gmail dot com
For those that inquired about coaching, I will be contacting everyone today.
Have a great holiday! I will see you over the weekend with some videos and posts.
Michael tiny Saul
tinymjs at gmail dot com
Wednesday, December 22, 2010
Last chance to sign up for tonights FREE class
7:30 PM eastern start time!
http://www.tidetraders.com/register-for-event
http://www.tidetraders.com/register-for-event
SPX video for Wednesday, December 22nd
http://chart.ly/8s5m44s
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
Tuesday, December 21, 2010
The class is Wednesday!
That's tomorrow for those that do not have a calendar handy ;)
http://www.tidetraders.com/register-for-event
What is the January Effect? Investopedia explains:
What Does January Effect Mean?
A general increase in stock prices during the month of January. This rally is generally attributed to an increase in buying, which follows the drop in price that typically happens in December when investors, seeking to create tax losses to offset capital gains, prompt a sell-off.
How can we use this tendency to our benefit? Is it as simple as just buying a portfolio of stocks at the end of the year?
Join us for this FREE event. You will have to register and you may receive promotions from myself and/or Tidetraders in the future.
Michael tiny Saul
tinymjs at gmail dot com
http://www.tidetraders.com/register-for-event
What is the January Effect? Investopedia explains:
What Does January Effect Mean?
A general increase in stock prices during the month of January. This rally is generally attributed to an increase in buying, which follows the drop in price that typically happens in December when investors, seeking to create tax losses to offset capital gains, prompt a sell-off.
How can we use this tendency to our benefit? Is it as simple as just buying a portfolio of stocks at the end of the year?
Join us for this FREE event. You will have to register and you may receive promotions from myself and/or Tidetraders in the future.
Michael tiny Saul
tinymjs at gmail dot com
X
A nice move on this one since the triangle breakout, but caution is now warranted as a Dark Cloud Cover has formed
Michael tiny Saul
tinymjs at gmail dot com
Monday, December 20, 2010
2/3 of the spots are gone, so register now!
http://www.tidetraders.com/register-for-event
January Effects class. It's free, but you will need to register
Michael tiny Saul
tinymjs at gmail dot com
January Effects class. It's free, but you will need to register
Michael tiny Saul
tinymjs at gmail dot com
Sunday, December 19, 2010
S&P 500 video analysis
The video can be found here: http://chart.ly/dy2df6e
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
HAWK video- THIS TRADES ON LOW VOLUME!
http://chart.ly/v8eruuv
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
A mini-base on the 200 day Moving Average
See the video of AGO here: http://chart.ly/6sbih2n
Michael tiny Saul
tinymjs at gmail dot com
Michael tiny Saul
tinymjs at gmail dot com
Low volume
DEST is in an ascending traingle, but it trades on very low volume, which could lead to issues if you use a stop to get in and/or out.
tiny
tinymjs at gmail dot com
Saturday, December 18, 2010
Thursday, December 16, 2010
Wednesday, December 15, 2010
X- follow up
Mentioned last week, X got a nice move out of the triangle and into resistance.
May be a spot to consider booking profits
tiny
tinymjs at gmail dot com
January Effects Class- Sign up now!
I am going through the JE candidate list, it is a target rich environment.
Sign up here: http://www.tidetraders.com/register-for-event
It's free and I will not own any shares or options of any stocks we talk about! No pump and dumping or Front Running allowed.
tiny
tinymjs at gmail dot com
Sign up here: http://www.tidetraders.com/register-for-event
It's free and I will not own any shares or options of any stocks we talk about! No pump and dumping or Front Running allowed.
tiny
tinymjs at gmail dot com
Tuesday, December 14, 2010
Sunday, December 12, 2010
Friday, December 10, 2010
Spots filling up fast
http://www.tidetraders.com/register-for-event
Register for the JE class. Remember, it's free but you may receive offers for Tidetraders or my services in the future.
tiny
tinymjs at gmail dot com
Register for the JE class. Remember, it's free but you may receive offers for Tidetraders or my services in the future.
tiny
tinymjs at gmail dot com
Thursday, December 9, 2010
Another article from Paul Schatz
Paul is a top notch analyst, money manager and friend. All opinions expressed in his articles are his, and do not reflect any recommendations to buy or sell securities, options, currencies, futures or any other financial instrument not specifically mentioned.
Bernanke on 60 Minutes… AGAIN
Last Sunday, for the second time in 18 months Fed chairman Ben Bernanke appeared on CBS' 60 Minutes What a dramatic and impressive shift in Fed policy to have the most powerful central banker on earth sell his story to the world on network television. Or a cynic could say that things must be incredibly bad economically for Bernanke to degrade the hallowed institution of the Federal Reserve so much by having to subject himself to common media interviews.
Only time will tell which is true, but it gives me a good feeling that Bernanke is comfortable coming down from the ivory tower and sharing, something his predecessors would never have done. It's still unconscionable to me Alan Greenspan has the nerve to continually defend his actions as Fed chair.
Long time readers know that I have NEVER been a Greenspan fan, even during the booming economic times. After all, his first action upon taking office in 1987 was to immediately drain liquidity, greatly contributing to the stock market crash that year. While he is lauded for always providing liquidity and saving the world during the 9/11 tragedy, Long Term Capital debacle and Asian currency crisis, his reactive, not proactive behavior was symptomatic of the problem, not the solution!
Anyway, I found Bernanke's interview with 60 Minutes very interesting and informative. Although his choice of words were supposed to exude control and confidence, he seemed fidgety, nervous and a little uncomfortable, not the pillar of strength we are used to seeing combat Congress several times a year.
To be unfairly picky, it was hard not to notice that little twitch or lip quiver during the interview. So called body language experts have pointed out a lack of total conviction in his forecast and opinion. He often shook his head no when talking about a positive topic and this supposedly meant he really didn't believe what he was saying.
My takeaway just confirmed what I have believed since January 2008. Ben Bernanke and his supporters are, have been and will always be more concerned about deflation over inflation. He absolutely refuses to let another depression befall out economy.
As I continue to believe and have written here more times than I can count, if the Fed could engineer some real inflation with money velocity, wage growth and increased industrial capacity utilization along with higher consumer prices, it would truly be mission accomplished. As Bernanke hinted and I firmly believe, my 7 year old daughter could combat inflation. It's just not that difficult! Deflation is the economic killer without a known cure.
Food and energy prices may have risen dramatically, which hurts consumers, but we don't have any wage growth. Capacity utilization remains elevated, but still at recession levels. There is lackluster money velocity from the banks as they continue to hoard cash at the Fed, not to mention the record levels of cash on corporate balance sheets. As I've said for three years, including DEFLATION: The REAL Boogeyman to Fear, there is no worrisome inflation now or in the foreseeable future.
Bernanke should be commended for doing his homework. His detractors point to over the horizon inflation with his appetite for creating money. But Bernanke was quick to point out that our supply of currency has not increased with quantitative easing. In fact, M1 (liquid currency) is actually declining year over year.
When the Fed "prints money" to buy treasury bonds, they are buying them from Uncle Sam to keep interest rates low, in hopes of spurring on economic growth. They do not desire to throw $100 bills from helicopters as Bernanke famously wrote about in a paper regarding cures for the Great Depressions. (Hence the name Helicopter Ben)
FYI, I will be on CNBC’s The Call at 11:05am on Tuesday, December 14.
Feel free to email me with any questions or comments at Paul@investfortomorrow.com.
Until next time…
Paul Schatz
Heritage Capital LLC
http://www.InvestForTomorrow.com
http://RetirementPlanningConnecticut.com/
Bernanke on 60 Minutes… AGAIN
Last Sunday, for the second time in 18 months Fed chairman Ben Bernanke appeared on CBS' 60 Minutes What a dramatic and impressive shift in Fed policy to have the most powerful central banker on earth sell his story to the world on network television. Or a cynic could say that things must be incredibly bad economically for Bernanke to degrade the hallowed institution of the Federal Reserve so much by having to subject himself to common media interviews.
Only time will tell which is true, but it gives me a good feeling that Bernanke is comfortable coming down from the ivory tower and sharing, something his predecessors would never have done. It's still unconscionable to me Alan Greenspan has the nerve to continually defend his actions as Fed chair.
Long time readers know that I have NEVER been a Greenspan fan, even during the booming economic times. After all, his first action upon taking office in 1987 was to immediately drain liquidity, greatly contributing to the stock market crash that year. While he is lauded for always providing liquidity and saving the world during the 9/11 tragedy, Long Term Capital debacle and Asian currency crisis, his reactive, not proactive behavior was symptomatic of the problem, not the solution!
Anyway, I found Bernanke's interview with 60 Minutes very interesting and informative. Although his choice of words were supposed to exude control and confidence, he seemed fidgety, nervous and a little uncomfortable, not the pillar of strength we are used to seeing combat Congress several times a year.
To be unfairly picky, it was hard not to notice that little twitch or lip quiver during the interview. So called body language experts have pointed out a lack of total conviction in his forecast and opinion. He often shook his head no when talking about a positive topic and this supposedly meant he really didn't believe what he was saying.
My takeaway just confirmed what I have believed since January 2008. Ben Bernanke and his supporters are, have been and will always be more concerned about deflation over inflation. He absolutely refuses to let another depression befall out economy.
As I continue to believe and have written here more times than I can count, if the Fed could engineer some real inflation with money velocity, wage growth and increased industrial capacity utilization along with higher consumer prices, it would truly be mission accomplished. As Bernanke hinted and I firmly believe, my 7 year old daughter could combat inflation. It's just not that difficult! Deflation is the economic killer without a known cure.
Food and energy prices may have risen dramatically, which hurts consumers, but we don't have any wage growth. Capacity utilization remains elevated, but still at recession levels. There is lackluster money velocity from the banks as they continue to hoard cash at the Fed, not to mention the record levels of cash on corporate balance sheets. As I've said for three years, including DEFLATION: The REAL Boogeyman to Fear, there is no worrisome inflation now or in the foreseeable future.
Bernanke should be commended for doing his homework. His detractors point to over the horizon inflation with his appetite for creating money. But Bernanke was quick to point out that our supply of currency has not increased with quantitative easing. In fact, M1 (liquid currency) is actually declining year over year.
When the Fed "prints money" to buy treasury bonds, they are buying them from Uncle Sam to keep interest rates low, in hopes of spurring on economic growth. They do not desire to throw $100 bills from helicopters as Bernanke famously wrote about in a paper regarding cures for the Great Depressions. (Hence the name Helicopter Ben)
FYI, I will be on CNBC’s The Call at 11:05am on Tuesday, December 14.
Feel free to email me with any questions or comments at Paul@investfortomorrow.com.
Until next time…
Paul Schatz
Heritage Capital LLC
http://www.InvestForTomorrow.com
http://RetirementPlanningConnecticut.com/
X
Explosion triangle. Wait for confirmation as always! If we get it, this could tag 60. Of course, if the pattern doesn't get confirmed, my opinion IMMEDIATELY changes. That's the beauty of using patterns rather than just "feel".
tiny
tinymjs at gmail dot com
Wednesday, December 8, 2010
January Effects Sign Up Page
http://www.tidetraders.com/register-for-event
December 22nd at 7:30 PM Eastern. free, but you must register and may receive promotions for services provided by me or Tidetraders.
tiny
tinymjs at gmail dot com
December 22nd at 7:30 PM Eastern. free, but you must register and may receive promotions for services provided by me or Tidetraders.
tiny
tinymjs at gmail dot com
Tuesday, December 7, 2010
Wha happened?
Nice size gap up, but it was down from there. While the market attempted a recovery mid afternoon, the sellers came in force and clsoed us at the lows.
This could be the start of the pullback I started to watch for at the start of the week. The VIX is still in a sell signal as well.
tiny
tinymjs at gmail dot com
Monday, December 6, 2010
January Effects Class
Info will be relased shortly as to the when and where
tiny
tinymjs at gmail dot com
tiny
tinymjs at gmail dot com
Extreme Narrowness!
A very narrow range session was traded on Monday. This puts us in volatility contraction mode. Volatility is mean reverting, and therefore we should be watching for range expansion as early as Tuesday.
I'm still watching for a pullback based on the VIX and overboughtness of the market, but that doesn't mean we can't jsut shoot straight up from here. If we do, I'll miss it as I'm waiting for a "safer" entry.
tiny
tinymjs at gmail dot com
Sunday, December 5, 2010
The VIX Is saying stay away from the long side
Based on Friday's close, the $VIX is saying stay away from long side exposure for the time being. The $VIX is now in a position that has historically corresponded with a correction being imminent. This doesn't mean it has to happen Monday, but I'm going to be watching very carefully here.
tiny
tinymjs at gmail dot com
tiny
tinymjs at gmail dot com
FDX
FDX showing a pause after upside extension. Possible aggressive short on a break of the Friday lows (after 10AM), target is the purple line (last breakout level).
tiny
tinymjs at gmail dot com
SPY analysis
The SPY put in three upside sessions in a row to end last week, but as the volume panel shows, each day came with decreasing volume. While normally this would be a major concern for the Bulls, keep in mind that using a weekly view, we can see that volume actually increased (not hard to do relative to last week since it was only 3 1/2 days) too the best level since August (see below).
So now what? The Bulls appear to be in control for the time being, and we should be watching for another push up here. the best case scenario is a minor pullback or consolidation to get on board, as testing the yearly highs comes with some short term exhaustion and overboughtness (I should patent that word!).
Bottom line: I will remain in day-trade mode for the time being, but will look to get on board for a swing on the long side once a pattern sets up. Will this keep me completely safe? Of course not, there is always risk involved, that is why there is the potential for good reward.
If I am wrong, make a list of stocks that are under performing the market right now. If we decide to drop, these stocks will likely make the best short side candidates. And duh, do not use inverse ETFs. I will post some charts of the weaker stocks in the next few updates.
Have a great trading week!
tiny
tinymjs at gmail dot com
Thursday, December 2, 2010
GOOG
GOOG could be setting up for a nice short side trade. After a nice high volume down day, the stock has limped up and formed narrow range candles the past two sessions. the stock is still trading above the 200 day moving average, which demands respect, but it can be watched for an aggressive entry, with good risk reward, as seen by the first two downside targets mapped out.
tiny
tinymjs at gmail dot com
Wednesday, December 1, 2010
NFLX
One of the strongest stocks this year is movie rental juggernaut NFLX. On Wednesday, the stock completed a Dark Cloud Cover Japanese Candlestick pattern. While the stock is overbought and stretched from its 10 day moving average, the uptrend is very strong, and any short past a trade needs to be monitored extra carefully. It may set up as a nice long side entry after a rest.
tiny
tinymjs at gmail dot com
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