Tuesday, January 31, 2012
The gap fades, here are the next levels to watch
Next support levels:
1306.50
1304.75
1302.50
tiny
1306.50
1304.75
1302.50
tiny
Decent size gap up
Decent sized gap up to start the day. I'll be watching for a fade, but will likely wait to see if we get above the overnight highs first
tiny
tiny
Monday, January 30, 2012
Don't fall for any scams regarding online super deluxe courses
The first warning of 2012!
Don't be a sucker for an online BS course on options given by people that use options for one thing: Gambling. And guess what? They will be doing it with your sign up money! These filthbags have no idea how to construct real strategies, and just think that throwing in a credit spread here or there makes them experts.
REFUSE TO BE SCAMMED OR HAVE YOUR INTELLIGENCE INSULTED! Don't pay for the unique honor of being front run on your trades! Using options as a surrogate for the actual stock just boosts the leverage and allows these scumbags a chance to roll the dice with higher leverage. It's how they pad their accounts and performance, but the truth is, unless you have unlimited funds like they do, the strategy is fatally flawed.
Consider yourself warned. You will learn NOTHING new, only how to super leverage your account until there is nothing left but dust.
tiny
Don't be a sucker for an online BS course on options given by people that use options for one thing: Gambling. And guess what? They will be doing it with your sign up money! These filthbags have no idea how to construct real strategies, and just think that throwing in a credit spread here or there makes them experts.
REFUSE TO BE SCAMMED OR HAVE YOUR INTELLIGENCE INSULTED! Don't pay for the unique honor of being front run on your trades! Using options as a surrogate for the actual stock just boosts the leverage and allows these scumbags a chance to roll the dice with higher leverage. It's how they pad their accounts and performance, but the truth is, unless you have unlimited funds like they do, the strategy is fatally flawed.
Consider yourself warned. You will learn NOTHING new, only how to super leverage your account until there is nothing left but dust.
tiny
Cant post videos
Sorry about the lack of videos, Ill get them done starting tomorrow back on Youtube I guess
tiny
tiny
Gap is the next upside target
Today's gap is the next upside target. I don't know if we get it, but we are continuing to improve here and it looks like we have a good chance.
tiny
tiny
Improving, but has a while to go
The market is improving internal and price structure wise, but it still has it's work cut out for it.
A push that sticks above 1305 would go a long way to bring some confidence into looking for a gap fill, but definitely not an "all systems go!" indication.
tiny
A push that sticks above 1305 would go a long way to bring some confidence into looking for a gap fill, but definitely not an "all systems go!" indication.
tiny
1297.25
1297.25 has been tested, and bled through a teeny tiny bit. if it completely gives up, look for a move down to 93.75 to start, followed by 88.50.
On the upside, if this level holds, watch for a retest of highs, followed by 1303.50
tiny
On the upside, if this level holds, watch for a retest of highs, followed by 1303.50
tiny
Blog is back, at elast for the next few days
The last few weeks have been running me wild (relatively speaking), but I'm back in front of the screens at least for a few days.
Thanks for all the e-mails, well wishes and demands to get back here. I'm working on a new non stock market related project and it's kicking my behind, but I will be around at least today and tomorrow.
Plus, I started a new diet Saturday and actually made it through the second day headache phase, so that's a start.
tiny
Thanks for all the e-mails, well wishes and demands to get back here. I'm working on a new non stock market related project and it's kicking my behind, but I will be around at least today and tomorrow.
Plus, I started a new diet Saturday and actually made it through the second day headache phase, so that's a start.
tiny
Nice size gap down
Nice size gap down to start the week
I'm watching 1297.25 for support basis the March S&P Futures contract but with this size gap, I may be over reaching.
tiny
Friday, January 27, 2012
No S&P video
The video for Friday won't upload.
Here's a recap of what I said:
We took out Wednesday's highs but couldn't do much more and we sold off for most of the day, with a rally at end of day. this is either the start of a deeper pullback or close to the end. I'm not bearish, but I do think we could trade down a bit more. the 20 day exponential moving average is a target to watch.
I won't be there for the open today, but I would be watching a gap for a fading op and then see what sets up int eh morning for a possible move. It is Friday, so we could stay rangebound into the weekend.
Get my morning e-mail and instructions on how to attend my FREE Sunday Night Strategy Sessions by signing up to the mailing list at http://stockmarkettrendsx.com
This Sunday, the session starts at 8PM Eastern.
tiny
Wednesday, January 25, 2012
Tuesday, January 24, 2012
Monday, January 23, 2012
Another day, another grind higher
The grinding action to the upside continues as the market has run up 8 points off its lows
Still think we are vulnerable to the downside, but as Ive been saying ova and ova, I'm just looking for a pullback, not turning bearish
tiny
Still think we are vulnerable to the downside, but as Ive been saying ova and ova, I'm just looking for a pullback, not turning bearish
tiny
No gap
No gap to start the day
Im going back to bed and then gong to run some errands.
See you this afternoon
tiny
Im going back to bed and then gong to run some errands.
See you this afternoon
tiny
Sunday, January 22, 2012
Congratulations
Congrats to the Giants. Road warriors once again.
My world famous Super Bowl selections will be released next week, stand by and if you want to make a bet based on the information, fading them has been very good LOL.
tiny
My world famous Super Bowl selections will be released next week, stand by and if you want to make a bet based on the information, fading them has been very good LOL.
tiny
Friday, January 20, 2012
About as expected
The market is trading as expected on the first option expiration day of the 2012.
Not much movement, so I'm looking ahead to next week for some actual range expansion.
maybe I shouldn't be that aggressive.
tiny
Not much movement, so I'm looking ahead to next week for some actual range expansion.
maybe I shouldn't be that aggressive.
tiny
Thursday, January 19, 2012
Sunday Night Strategy Session
This Sunday at 8PM Eastern, I will be hosting another Sunday Night Strategy Session
If you'd like to attend, go to http://stockmarkettrendsx.com and sign up to the email list for instructions on how to attend.
It's absolutely FREE
tiny
If you'd like to attend, go to http://stockmarkettrendsx.com and sign up to the email list for instructions on how to attend.
It's absolutely FREE
tiny
My apologies!
I apologize for the lack of posts recently, but I am caught in a project that has be working late and sleeping late, so I'm not being that active in the day to day affairs of the market.
I should be back to a decent schedule next week, thank you for all the messages and emails, they mean a lot to me!
tiny
I should be back to a decent schedule next week, thank you for all the messages and emails, they mean a lot to me!
tiny
Wednesday, January 18, 2012
Tuesday, January 17, 2012
Monday, January 16, 2012
Thursday, January 12, 2012
Sunday Night Strategy Sesisons
This Sunday, January 15th, we will be having a Sunday Night Strategy Session.
Last week, I gave out the wrong link, but this week I have the right one!
Sign up for the mailing list at http://stockmarketttrendsx.com and get the instructions
tiny
Last week, I gave out the wrong link, but this week I have the right one!
Sign up for the mailing list at http://stockmarketttrendsx.com and get the instructions
tiny
First push is to the downside
After a little creeper move higher, the first real push was to the downside, but we got a bounce just below the Fib level. It's suggestive that we test the overnight lows, but so far we are hanging tough above them.
We have business inventories at 10, but they usually arent a big mover.
tiny
We have business inventories at 10, but they usually arent a big mover.
tiny
Gap for Thursday
Not much of a gap here, so I'll wait for the first move off the open.
Short term:
Resistance: 1294.50
Support: 1288
tiny
Short term:
Resistance: 1294.50
Support: 1288
tiny
Wednesday, January 11, 2012
Small Gap To Start Wednesday
We have a small gap down to start the session today.
We might get the 4+ point open that I like to look for, but to "qualify" the gap, but I am going to wait to see if we test towards the overnight lows here first
tiny
We might get the 4+ point open that I like to look for, but to "qualify" the gap, but I am going to wait to see if we test towards the overnight lows here first
tiny
Tuesday, January 10, 2012
And what I miss?
Good day to start late, as the gap didnt fade much, and we are just chopping around here after the nice gap up into resistance
Breadth is nearly +1900, but we aren't going anywhere fast.
tiny
Breadth is nearly +1900, but we aren't going anywhere fast.
tiny
Monday, January 9, 2012
Flat Opening
Flat opening to start the week.
Waiting for the market to tip its hand here.
tiny
Waiting for the market to tip its hand here.
tiny
Sunday, January 8, 2012
Saturday, January 7, 2012
Friday, January 6, 2012
January Effect Results
These are HYPOTHETICAL RESULTS based on the mechancial rules set forth in the video I did at the end of December and the list I sent out on December 27th.
These are not my actual results, as I did not trade any of these securities or their derivatives.
Please read any and all disclaimers.
The results:
I had requests to be more hands on with management, so next year I’m going to
offer a class and list with management and daily updates for those that want
it. There will be a nominal fee, nowhere
near what the super gurus charge.
Have a great rest of 2012!
tiny
These are not my actual results, as I did not trade any of these securities or their derivatives.
Please read any and all disclaimers.
The results:
FSLR Entry 32.94 Exit 35.60 Winner 8%
AONE Entry 1.80 Exit 2.10 Winner 16.6%
AONE Entry 1.80 Exit 2.10 Winner 16.6%
RENN Entry 3.43 Exit 3.48 Small Winner this continues to be
a piece of crap super guru hyped stock 1.4%
HGSI Entry 7.07 Exit 7.82 Winner 10.6%
SCHS Entry 2.67 Exit 2.35 Worst loser (% wise) Nice bounce into the close! -12%
NFLX Entry 70.60 Exit 85.08 Nice winner, and rules are rules,
this one went another $2 20.5%
PWR Entry 21.76 Exit 21.71 Small loser -.2%
CWTR Entry 1.06 Exit 1.01 Loser this one had such promise early
on -5%
PNSN Entry 1.15 Exit 1.14 small loser -.9%
PNSN Entry 1.15 Exit 1.14 small loser -.9%
RIMM- Entry 14.25 Exit 15.35 Winner (this was exit either
way) 7.7%
PWER- This won’t be official but this was the real stock,
not PWR. Those that got the list late
got this instead of PWR. Entry 4.01 Exit 4.08
BAC Entry 5.48 Exit 6.18 Winner 12.7%
AA Entry 8.79 Exit 9.16 Winner 4.2%
HPQ Entry 25.65 Exit 26.55 Winner 3.5%
JPM Entry 33.03 Exit 35.36 Winner 7%
CSCO Entry 18.58 Exit 18.99 Winner 2.2%
DD Entry 46.23 Exit 46.04 Loser, was a winner until today -.4%
AA Entry 8.79 Exit 9.16 Winner 4.2%
HPQ Entry 25.65 Exit 26.55 Winner 3.5%
JPM Entry 33.03 Exit 35.36 Winner 7%
CSCO Entry 18.58 Exit 18.99 Winner 2.2%
DD Entry 46.23 Exit 46.04 Loser, was a winner until today -.4%
MSFT Entry 26.04 Exit 27.97 Winner 7.4%
UTX Entry 74.03 Exit 73.90 Small loser -.17%
UTX Entry 74.03 Exit 73.90 Small loser -.17%
MMM Entry 82.28 Exit 83.43 Winner 1.4%
CAT Entry 91.55 Exit 95.89 Winner 4.7%
Totals: 14 Winners, 6 losers
89.23% total = 4.46% overall return using equal allotment to
each
This does not include slippage, more favorable or worse entries
or exits, or commissions.
All these stocks were based on the January Effect, not luck, dreams, gut or feel. Unlike others who had to have news bail them out, good or bad, these were the stocks that followed the trend.
Three that just missed the list were:GS, DANG (look at previous posts under the January Effect label, and you will see I mentioned them as possibilities) and LNKD. All three would have been winners, and any one of them would have been a nice substitute for SCHS!
Overall, while the gain is nice, it's one trade and should not make or break anyone's year.
Have a great rest of 2012!
tiny
Janaury Effect List- Exits
Today is the mechanical exit day for the January Effect list
Either look to sell into Noon or the close
This is the mechanical exit, and the results will be documented as eitehr Noon Eastern if the stocks are up today or the close. This is the mechanical exit, I'm not going to do it like the super guru thieves that get in at the lows and out at the highs and screech "You should have managed them!"
The mechanical results will be posted later today or tomorrow.
tiny
Either look to sell into Noon or the close
This is the mechanical exit, and the results will be documented as eitehr Noon Eastern if the stocks are up today or the close. This is the mechanical exit, I'm not going to do it like the super guru thieves that get in at the lows and out at the highs and screech "You should have managed them!"
The mechanical results will be posted later today or tomorrow.
tiny
Thursday, January 5, 2012
Gap down
We are sitting right at the 50% retracement of the last push up in the pre market.
Ill be watching this for a fade, but will continue (at least for 2012) to exercise patience on entries.
tiny
Ill be watching this for a fade, but will continue (at least for 2012) to exercise patience on entries.
tiny
Stretching
The overnight range was 13 points, so we are getting a little more stretch in the range. Still not those 30 pointers we saw sometimes last year, but its a start
tiny
tiny
Wednesday, January 4, 2012
RIPPING!!!!!!!!!!!!!
We are ripping here, the volatility is out of control!
Ok, ok, so we aren't going anywhere fast.
Im watching to see if we can take out the overnight lows and then hook it back up.
tiny
Ok, ok, so we aren't going anywhere fast.
Im watching to see if we can take out the overnight lows and then hook it back up.
tiny
Wednesday 1/4- Here's what Im watching for at the open
We are gaping down enough for me to watch for a fade opportunity, but my short term cycle says we may get some more downside before we get the fade.
This is the battle between the gap fade and the cycles that I fought the last quarter of last year. I'm not fighting it any more. The gap fade has been one of my favorite setups throughout the years, but nowhere near as consistent as of late that I can't look to improve on the timing, and that's the decision I made for my business this year.
I'm going to be patient here, and see if the cycle plays out. If not, and we fade right off the open, I'll miss it and look for the next setup.
tiny
This is the battle between the gap fade and the cycles that I fought the last quarter of last year. I'm not fighting it any more. The gap fade has been one of my favorite setups throughout the years, but nowhere near as consistent as of late that I can't look to improve on the timing, and that's the decision I made for my business this year.
I'm going to be patient here, and see if the cycle plays out. If not, and we fade right off the open, I'll miss it and look for the next setup.
tiny
Tuesday, January 3, 2012
Sunday Night Strategy Sessions
This Sunday, January 8th, 2012 I'll be starting my Sunday Night Strategy Sessions.
You'll look over my shoulder as I go through the charts of the major indexes and sectors, as well as look at key stocks that are setting up for the week. I'll also be taking questions from the audience, so if you are there, you'll have the chance to ask me about your favorite markets or stocks.
This year, Ill be winding down my videos, only doing the S&P 500 video on a nightly basis. This will be the only way to get my outlook for the week.
To get information on how to attend the sessions, join the email list over at Stock Market Trends X and you will be notified later this week with the information on how to attend.
It's free for all to attend live, but if you want access to the archives, there is a small, one time fee for lifetime access.
Remember, the first session starts Sunday night at 8PM eastern
tiny
You'll look over my shoulder as I go through the charts of the major indexes and sectors, as well as look at key stocks that are setting up for the week. I'll also be taking questions from the audience, so if you are there, you'll have the chance to ask me about your favorite markets or stocks.
This year, Ill be winding down my videos, only doing the S&P 500 video on a nightly basis. This will be the only way to get my outlook for the week.
To get information on how to attend the sessions, join the email list over at Stock Market Trends X and you will be notified later this week with the information on how to attend.
It's free for all to attend live, but if you want access to the archives, there is a small, one time fee for lifetime access.
Remember, the first session starts Sunday night at 8PM eastern
tiny
Don't look a gift January Effect in the mouth
In case you missed it, here's my video for managing the January Effect
The market is off to a great start for the new year, but it's not the time to get complacent.
The market punishes the lazy. Manage, manage, manage!
tiny
The market is off to a great start for the new year, but it's not the time to get complacent.
The market punishes the lazy. Manage, manage, manage!
tiny
So far....
Here's how we are looking at the start of the new year.
Big gap up, no fade. We hit a new high off the ISM index at 10AM and it came with a new high in $TICK. form there, we came 1 tick shy of the overnight highs, with a pretty decent $TICK divergence. From there, we had a small decline, but nothing that would shake the Bulls out, it was less than 3 points basis the S&P Futures.
What does it look like from here? Well RIGHT NOW, it looks boring, but that doesn't mean it can't change later on The Bulls are in control and trying to make up for lost time after printing the doji for 2011.
As of now, dips should setup buying opps.
tiny
Big gap up, no fade. We hit a new high off the ISM index at 10AM and it came with a new high in $TICK. form there, we came 1 tick shy of the overnight highs, with a pretty decent $TICK divergence. From there, we had a small decline, but nothing that would shake the Bulls out, it was less than 3 points basis the S&P Futures.
What does it look like from here? Well RIGHT NOW, it looks boring, but that doesn't mean it can't change later on The Bulls are in control and trying to make up for lost time after printing the doji for 2011.
As of now, dips should setup buying opps.
tiny
Late start
Late start today, but looks like I havent missed much, and even if I did, I have all year to make up for it!
Big chunky gap up to start the year, although we don't look like we are in a rush to go anywhere.
Breadth is strong, no reason to fight this here.
We have faded a bit form the overnight highs, but since the day session open, it's been all Bulls.
For now, we are looking to set the first 30 and 60 minute ranges, and then from there, we'll see if we can get some sort of trending movement
tiny
Big chunky gap up to start the year, although we don't look like we are in a rush to go anywhere.
Breadth is strong, no reason to fight this here.
We have faded a bit form the overnight highs, but since the day session open, it's been all Bulls.
For now, we are looking to set the first 30 and 60 minute ranges, and then from there, we'll see if we can get some sort of trending movement
tiny
Monday, January 2, 2012
For Tuesday
My first day on antibiotics is in the books, so if I feel like getting up on time, I'll see you at the open. If not, it'll be late to start the new year
tiny
tiny
Let’s Master the Stock Market in 2012
Hey, one of my buddies Mike Swanson at WallStreetWindow.com just put out this video about winning and losing in the stock market. It’s a new year and a great time to stop and think about what to do to win big in the market and make this year better than the last one. This year can be a big one if you prepare right for it. Check it out:
Mike used to run a highly successful hedge fund and breaks down exactly how he beat the market and the type of mindset and strategies that are best to use, funny thing is they are simple too:
This is the real deal and watching this and taking action on this is a great way to start out this year on the right foot and make it a great investment year for you:
All the best in your trading for 2012
Michael tiny Saul
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