From the monthly archives: November 2008
Stocks
As stocks have pushed off their recent lows, one question prevails: Will Santa leave something nice under the market’s tree? Or will Wall Street’s stockings be full of coal?
Historically, we’ve had similar setups. This may be a Christmas rally – or it may not be. There are a couple of puzzling signals that [...]
Continue Reading →We don’t often talk about our longer-term strategies here, but they are often the most profitable. As you can see from the performance snapshots below, the Wizard has reaped enormous gains in both the Futures and Forex markets, both using the Weekly timeframe. Sometimes patience really does pay.
FUTURES: 100% winners. Again.
The [...]
Continue Reading →We have not received the signal to buy through this week. We have received the opposite a double red, which indicates to us that at the least we are testing lows again. With the turmoil that is in the markets and the possibility of major government money required to keep the automobile and other industries [...]
Continue Reading →The Wizard is pleased to announce its new Refer a Friend program. For each friend you refer who purchases a paid subscription to the Wizard, we’ll give you one month free of your current subscription package.
To refer your friends, visit our Refer a Friend page to use our automated form. Of course, you [...]
Continue Reading →We have seen somewhat of a bull move the last few days. It has even changed the short term trend to the bright green arrows and that indicates a start, but not a follow through. Now we need to be patient and watch to see what happens next. We may move a little higher here, [...]
Continue Reading →Recent Posts
- We Have a Buy Signal in the SPY, But We’re Not Getting Filled… What’s Happening?
- Swiss Surprise? Not for The Wizard
- Could this be a repeat of 2008? Let’s hope so: The Wizard turns crashes into opportunities.
- U.S. credit downgrade. Europe in Turmoil. Are you prepared?
- The Market gave us a Sell Signal. The first S&P target is 1097 and the second target is 997.
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