Happy Thanksgiving
At this time of Thanksgiving celebration our thoughts turn gratefully to you with appreciation. May the good things of life be yours in abundance, not only at Thanksgiving but throughout the coming year May peace & happiness always be with you, Paul Schatz Heritage Capital _____________________________________________________________ For each new morning with its Light For rest & shelter of the night For health & food, for love & friends, for Everything Thy goodness sends Ralph Waldo Emerson
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Date: November 27, 2013
LIVE from the Floor of the NYSE
I am going to be on CNBC’s Closing Bell on Tuesday, November 26, at 3:45 PM est live from the floor of the New York Stock Exchange. The topic will likely be the Dow’s recent assault on 16K and where it goes from here til year-end. As you already know, risk has increased substantially since mid October, but that doesn’t usually pick the exact top. Last week, I did a really enjoyable and informative interview on Fox Business discussing the […]
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Date: November 26, 2013
Fed Should NOT Taper!
Paul Schatz, president of Heritage Capital, typically lets it all hang out when expressing his views on markets, economics and sometimes even politics. An active asset allocator and adviser with 25 years’ experience, Mr. Schatz is on board with the Federal Reserve‘s quantitative-easing policy and would even like to see it extended beyond early next year, when the Fed is expected to start tapering its $85 billion in monthly bond purchases. InvestmentNews: Do you think it’s time for the Fed […]
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Date: November 25, 2013
Fox Business, Stocks, Bonds, Gold and Oil
I am going to be on Fox Business’ Markets Now at 1:05pm today (Wednesday) discussing the stock market’s recent assault on Dow 16,000, a target I gave several times here and in the media. Now that the market is there, what’s next? I can tell you that from my perspective, risk has increased substantially, but by no means should the bull market be over. Stocks are overdue for at least a pullback (2-8%), but probably more on the downside next […]
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Date: November 20, 2013
More on Twitter
I have pretty much beaten the proverbial dead horse with my comments on Twitter, but as I look back, they were nowhere near as much as when Facebook went public. Below is another TV interview where I look particularly good. I can say that because they interviewed me over the phone! http://video.foxbusiness.com/v/2816611949001/twitter-hype-overblown/ Twitter, the stock, is in an interesting spot right here. It looks like it wants to rally in the short-term, but because the line in the sand is so […]
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Date: November 19, 2013
Twitter & How to Play Hot IPOs
Last week, Twitter began trading in one of most highly anticipated IPOs in years, very similar to Facebook. You can view my very negative initial comments here. http://investfortomorrowblog.com/archives/826. “Hot” IPOs like Twitter and Facebook are usually very emotional and as I have discussed over and over, emotion in investing can have a very detrimental impact on your portfolio! I went back and found similar IPOs to show you what transpired over the coming few months. The results should not be surprising. Facebook […]
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Date: November 11, 2013
Thank You
A very heartfelt THANK YOU to all of the brave men and women who have served our country and protected our freedom!
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Date: November 11, 2013
Big Day for the Stock Market… Twitter, ECB, GDP
The media and masses are all keenly focused on Twitter’s overblown IPO. Too bad you can’t trade it to the short side. Already, some knucklehead paid north of $50. Do people ever learn? While I do not think we will ever see the tech mania like the Dotcom bubble again in my lifetime, we are certainly seeing froth in the social media space and that’s not a good thing! The real news of the day that is now only a […]
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Date: November 7, 2013
Canaries Still Singing
With many all time highs seen in October, it is a good time to review the canaries in the coal mine for signs of trouble. Remember, canaries are only valuable at major market peaks and bottoms. For the vast majority of the time in between, they will be of little value. We review all of the major stock market indices and sectors along with other key indicators of overall market health. At major market turning points, we will often see […]
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Date: November 1, 2013
Fed Day
The Fed concludes their two day meeting today with an announcement at 2pm and no press conference with Ben Bernanke. Markets are widely expecting absolutely nothing! No taper, certainly no increase and absolutely not even the hint of a rate hike anytime in the next few years. There is a very bullish tendency for stocks to rally on statement day and we should expect nothing different unless today begins the long awaited pullback. I have written about stocks being tired […]
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Date: October 30, 2013
