Market Trends are consolidating, but they are leaning to the downside.  The total stocks in our base of over 9000 stocks are definitely signaling there is farther to go before we find the bottom.  The Dow and S&P are showing a sideways trend. The Nasdaq is still long term to the downside and the Russell 2000 is Trending down.  Long Term there are 893 sells to 420 Buys but short term there are 1022 buys and 893 sells.

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If you are not in the market, stay on the sidelines during this consolidation. The time to get into the trends is when they first start.  If you get in late you are buying the laggards of the Market Trends and you will probably get chopped up.  The Wizard and the WizardPro are geared to get you into the trend at the right time.  When we get the signal we jump on board with the Market Trends.

New Products

The Wizard Mutual Funds will  be released in a couple weeks.

The IwizardPro will be released in a few days for the Iphone.

You will able to download the application on  Apple for a one time charge of $9.99

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Have a great week.

The markets are still very volatile and without much direction. The Nasdaq has shown some promise for a summer rally.  We now have both long term and short term giving Buy signals for the Nasdaq.  Although, we have short term Buy Signals on the other indices, we are still somewhat bearish on the long term. These are areas where you want to make sure the stops are obeyed and if you  are turning bullish on the stocks you are in, you probably want to go to cash if you are not already there.

We have a few sectors that are giving Buy Signals and you might take a look for some pre-buys in these sectors.  These are more aggressive trades, monitored on Daily Signals they can be profitable.

Below are the Sectors that are giving long term Buy Signals.

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We have put a few more additions into the Power Scans.

We have separated the PowerScans by the Indices

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PowerScan for the S&P 100

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You can now filter the PowerScans by the price and volume filters.

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COMING SOON

Mutual Funds

Sample Screen Shots

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iwizard iphone application

We are working everyday to make the Wizard experience better for you.

Happy Fathers Day to all of the fathers.

Have a great week and God Bless.

Gene Stunkel

President and Creator of the Wizard

Winning positions for the past year. I thought I would show you some of the winning signals the Wizard gave us this past year. Most of these signals are over a year old.  When the trends run this long, as they have this past year, you are going to get great returns.  These are liquid stocks from sectors that have given the best results.  By scanning for stocks with high volume and double greens, last spring (2009) the winners were plentiful. Notice the entry dates and the stop prices protecting your profits.

Here are a few examples

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We also had some technical stocks that traded over 50 Million shares a week that were big winners. These are also long term signals.

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The ETFs were successful in many sectors

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Remember that we are still short until we get a change in the long term signal for our trades.  You do not take trades unless you have double red arrows for both long term and short term signals.  Any other trade is very aggressive at this time.  If you are nervous stay on the sidelines and be in cash.

Listen to the Gabriel Wisdom show at gabrielwisdom.com to get  the link to register for a chance to get a free annual subscription to the Wizard. You can get a podcast or listen to his show live every night Monday thru Friday at 7PM EST.

Have a good week and God Bless

Gene Stunkel

Creator and President

TheWizard.com LLC

I was asked by Gabriel Wisdom about oil, on his radio program this past week, and I had not been paying much attention to oil.  So I went back and took a look at how well the Wizard did . The Wizard gave us the Sell signal on all of the oil and gas drillers and the three main companies involved with the catastrophic oil leak.  The following charts below show all of the oil and gas drillers, futures, and also the calls on British Petroleum, Haliburton, and Transocean.  When we say the Wizard does not miss the trend, we mean what we say.  When we get the breakout of any sector or industry, or when a certain stock gets bad news, the Wizard will pick it up.  When the trend changes and the sell volume increases, we are going to get a Pre-Sell or Sell signal to go short.

Hang on to your seats, we could be in for a rough ride. .  If you have not been stopped out, on your long positions, you may be soon, We may see more down side in the markets.  We are short on the major indexes both Long and Short Term except for the Long Term Russell 2000.

Talk about continuing bad news for the Euro……..as reported in the TIMES.CO.UK

THE Greek government has been advised by British economists to leave the euro and default on its €300 billion (£255 billion) debt to save its economy.

The Centre for Economics and Business Research (CEBR), a London-based consultancy, has warned Greek ministers they will be unable to escape their debt trap without devaluing their own currency to boost exports. The only way this can happen is if Greece returns to its own currency.

Greek politicians have played down the prospect of abandoning the euro, which could lead to the break-up of the single currency.

Speaking from Athens yesterday, Doug McWilliams, chief executive of the CEBR, said: “Leaving the euro would mean the new currency will fall by a minimum of 15%. But as the national debt is valued in euros, this would raise the debt from its current level of 120% of GDP to 140% overnight.

“So part of the package of leaving the euro must be to convert the debt into the new domestic currency unilaterally.”

Greece’s departure from the euro would prove disastrous for German and French banks, to which it owes billions of euros.

McWilliams called the move “virtually inevitable” and said other members may follow.

“The only question is the timing,” he said. “The other issue is the extent of contagion. Spain would probably be forced to follow suit, and probably Portugal and Italy, though the Italian debt position is less serious.

“Could this be the last weekend of the single currency? Quite possibly, yes.”

These are uncharted waters, be careful and cognizant of what is happening.

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Here are the futures.

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Stay focused and watch the Wizard closely to make your next move.

Thanks and God Bless,

Gene Stunkel

President and Creator of the Wizard.com

I have pasted a link below to the blog video for this week.

Click on this link: http://www.screencast.com/t/NmVhZmNjZT

Thanks for all of the emails, phone calls and cards due to my Mother’s passing.  I will miss her.

Gene Stunkel

President and Creator of the Wizard

We have a sell signal. Get out of the market or sell short, or  hedge your long positions. All of our indicies have given sell signals.  This is a very volatile and unpredictable market.  With all of the extraneous political events internationally, we are in uncharted waters.  We never know when politics is going to save a predictable event or make it worse. However, there is reason to stay calm with the power of the Wizard.  There may be choppy areas where the whipsaws can take away a bit of our profit, but it will not destroy us.  Our stops will save the day.

There was an aberration in the market this week that could affect the weekly signal. I am referring to the day this past week, where we had the transaction that sent the Dow down over 1000 points in a matter of  minutes. That triggered the program selling that gave us some data and a range that was really not accurate.  We will monitor this and advise you with an alert blog if conditions change mid week.

We cannot, nor can anyone, predict the markets. We take the trades that the Wizard gives us and know where or stops are and react accordingly. If we do not take the trade we do not have an opportunity to be successful.  That is one of the most difficult tenets of investing to teach. Once we make the trade, we set targets for the possibilities of taking profits and protecting our portfolio.

So you may ask, “What do I do if I did not get short in the past two weeks?” It is very simple with the WIzard.  If you missed the daily or short term signal, you must take the weekly signals. We have sell signals on all of the indicies except the Russell 2000,  which has been in a long position for more than a year.  All of the indicies on the short signals were filled and we have reached both targets already. On the daily or short term signals, we have taken profits and you are now down to a 25% existing position left in the trades.  Now, if you get a Weekly or long term signal on any security where you have a position, there is another possibility that you have with the Wizard.  You can get back into the same trade by taking a full position at the Weekly or long term signal.  To recap the trades: we got short, took profits, have a minor position of 25%  left in our original trade and  are waiting to get back in with the weekly sell signal, with a full position. If we never get filled with the weekly sell signal we will still have the profits from the daily sell signal.  It is that easy with the Wizard.

Have a good week investing and God Bless,

Gene Stunkel

President

TheWizard.com

Comments today are from TheWizardPro We have to watch this area very closely.  Make sure you are taking your profits at the targets.  Double tops are a vulnerable area, in that they become a very strong resistance area.  A case in point is when we made a double top in 2007 that matched the top of 2000.  I don’t have to tell you what happened there.  The Wizard will get you out if we start a down trend with the stops that you have in place at this time.  As I always say, if you are not comfortable with your trade or you do not want to give any profits back, get out of the trade. You should always be comfortable with your position in the trade, until you trust theWizard. Let me explain what the Wizard is:

TheWizard is a program that lets you know if the stock markets are going up or going down and what to buy at the right time. There are no charts to buy or indicators to follow. All you need to do is buy at the price it tells you or sell at the price it tells you. With the way it finds the market direction, you will develop the confidence that you can quickly be a serious investor.  The Wizard is “simple, dynamic and “deadly accurate”, as reported from a recent review in the Dallas Morning News.

You have to develop confidence in any investing system that you use.  If you are new to TheWizard, take the first month and do what we call “paper trade”, by posting your selections in the portfolio that we provide. This will give you a chance to test yourself and TheWizard. Here are the scans for the daily conservative, daily aggressive, and the weekly conservative for the four main Index ETFs.  The Dow, S&P, Russell and the Nasdaq. As you can see the targets are locked in on all but the S&P and it has 50%  locked in. The weekly conservative has already locked some profit up also.

Daily Conservative

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Daily Aggressive

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Weekly Conservative

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All of the ETFs are doing quite well the last 3 weeks

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Futures and Forex I don’t comment to often on the Futures and the Forex, but TheWizard has been giving tremendous signals on both. Here are the results. For all of your Future and Forex traders here are the current results.

Futures

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Forex

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If you have not signed up to be an associate to share theWizard with your friends, be sure and go to theWizardNetwork.com and sign up. Have a good week and God Bless, Gene Stunkel Founder and President TheWIzard.com LLC

It appears that we are going to make another move up.  All of the sectors have turned bright green except one. Another interesting happening was the fact that we went directly to bright green (buy signal) from bright red (sell signal).  This did not give us the warning of a change that we normally get with a normal dark red (trading range or consolidation) before the bright green.  We had a strong move up this week, but we are still short of the recent highs (1150 on the S&P) on low volume.  We could be looking at a double top of the recent high, or with a short retracement from here, we could take out the highs. But the head fake (not following through with this move) is certainly a possibility. Remember we react to the market we do not prejudge it. All that I have said above is observation not predicting the market.  We take the trades and always realize that we do not win on every trade.  However, for the last two years we have been right on target.

The WizardPicks did not get filled on any of the sell picks for last week.  This is usually a sign that we are going to make another move up.  But with the lower volume it still makes me think we might be in a trading range that needs to break out one way or the other.

So what do we do now? On the long term we are not filled on any signal, long or short with the exception of the Russel ETF (IWN). We have been in the Russell trade for six and a half months. We still have the sell signal on the S&P and buy signals on the Dow and Nasdaq. If I take signal here, it is going to be daily signals, conservative, and taking every profit target.  When I get to the first target (133.35 on SPY), I am going to take the profits off and move my stop to where I entered the trade. We did that with the entries that we shorted on the indices and the results are in the second slide.

Weekly Indices

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Indices for the Previous Sell Signals we had in January.

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We are going to start the soft launch this week of theWizardNetwork.com.

If you have not signed up, do not miss getting started on the ground floor.

This is going to be a busy week.  We see great things to come for all of you Wizards.

Thanks to all and God Bless.

Gene Stunkel

Creator and President of TheWizardNetwork.com LLC

We have a confirmed sell signal in all of the major indexes except the Russel 3000. We never know how long this trend down will last,  In the last 3 years, there were two  times when the change of trend lasted for only 2 weeks.

Trend Change…Bright red is the signal to go Short

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What do we do?

This is where you want to be aggressive and get into the sell signals early.  Last year when we got the buy signal, the first few weeks had signals that were the biggest winners. The same thing happened when we got the short signal in September 2008 for the sell signals.  Take a look at the power scans that are sell signals and put more volume on your scan to get the best of the scans.  When Shorting the market,  l look for stocks over $20.00 and 20 million shares a week or 4 to 5 million shares a day if I am using the daily scan. The more volume, indicates that there are a lot more institutions involved. They have to be in liquid stocks and ETFs.

ETFs

Type the word “ultra” in the search for symbol box  and check the name button in the search for symbol box when you run the scan.  This will give you the way to short the market by buying the ultra etfs.  These are inverse ETFs.  You can also search by the inverse selection box as well.  Put some volume into your scans to find out where the institutional money is going to hedge their long positions.  The inverse ETFs are  the favored  way many of the mutual funds hedge their long positions.  Also try the name scan of 3x Shares.  This is 3 times the indicated ETF. There are many different sectors that have the 3x(times) allocation. Watch it closely and only use it on the daily scan.  Only take the weekly signals if you have a larger account and can manage the risk.

Risk Management.

This is what you might call  the primary tenet that controls investing.  We will never know which one of our trades is going to be the biggest winner or how much we could possibly lose on a trade.   That leaves us with one tenet of trading that we can control…Risk.   We can control how much we are going to lose.  That is why it is important that you use the stop signal to get you out of a  losing trade.

Most people who trade, or invest, are thinking about how much money they are going to make on a trade. They should be focused on how much they could lose.  That doesn’t mean that you should stay out of the markets.  If you are not in the market and don’t take the higher probability trades, you are not going to have the chance to catch the trade that will trend.  I have seen many who don’t take a particular trade because they just lost too much money from the last trade. Many trades are made with high emotions, and the higher the stakes in a trade, the higher the emotions. That is why I have always said to take the higher probability trades.  With the Wizard we have set up a platform that is designed to take as much emotion as possible out of your trades.  Still there are many of you who have called in to support and I can tell in your voice that you are scared to death, that the next trade is going to wipe you out.  If you have experienced this, you are trading too large of a position.

In the new Wizard we will be introducing the money management system that will not allow you to show a trade of more than 5% of your portfolio in any one trade. I like the position size of 2% myself.  This is the wisest way of making your emotions less of a problem in trading.  Many of you are violating these basic risk management principles and destroying your confidence and portfolio.

Remember, we react to the market and take what it gives us and realize that is all we are going to get. When building a portfolio to a greater size, you will have better results with walking up the mountain instead of trying to run up the mountain.  Just remember that you do trade your personality. That means 99.9% of us have to take the emotions out of the trades. Believe you me I learned the hard way and hope you can learn from the Wizard that there is an easier way.

I hope you will focus on your position size with all of your trades, and keep your portfolio’s safe from a major swing in value. Always recalculate your position size every month at a minimum to guarantee growth and protect yourself from major losses.  If you make money you will increase your position size. If on the other hand your portfolio is down this month, you should decrease your position size.

The Wizard Network

Don’t forget to sign up for the opportunity at theWizardNetwork.com.  The engine is running and the take off is imminent.  Also, make sure you sign up for the webinars this week. They are on the events tab.

As always, have a great week trading and God Bless,

Gene Stunkel

Creator of the Wizard

This is from the blog in September 20,2009.

This has been a longer than expected trend.  It looks like the S&P will go to 1150 if the trend continues. That is my target. I am looking for the turn to take place some where between October the 9th and 12th.  If it goes beyond the number or date, other factors, probably international or national are involved. As you know targets are not always hit, but it is good to have one.

Well, we hit the target and went to 1150.45 and backed off from it.  That is how the markets react when they hit these targets.  Many of you have seen that happen time and time again.

I am looking for the Wizard to tell us to go short soon.  I think it is important for you to take profits if you haven’t done so.  The target long term on the down side is 875.00 on the S&P once we get the Sell signal.

I was on the Gabriel Wisdom show on Business talk Network this week, and Gabriel asked me what I thought the market was going to do.  I told him I do not predict the markets. What I did not get a chance to tell him was that the Wizard has targets as we demonstrate every day.  I thought it would come a lot sooner than it did, but the Wizard is smarter than I am.  Isn’t that the way it is with investing?  Your emotions (or the news media) tell you something that you can’t use when making or managing a trade. One more time….let the Wizard tell you what to do and take your emotions and all of the other sources, out of it.  Every trade will not be a winner, but you will wind up ahead in the end with more profitable trades.

If you are looking to get short, start looking at stocks over $20.00 with volume of 25 Million shares a week and double reds.  The alternative to that is to take daily signals stocks over $20.00 with 2-5 Million shares a day.

Take a look at the sectors and you can see that short term arrows are red and all but four long term arrows have turned dark green.  Dark Green means we are still in an up trend and it is telling us that we are in a consolidation, trading range, or that we are starting to change direction.  With the way Washington is messing up everything they touch, the prospects of the market retreating are pretty good.  But as I always say,  we will react to the market and let it tell us what to do. We can always get back in the market if it takes off again.

If you have not signed up yet to be a part of theWizardNetwork.com you need to as soon as possible.  We are getting ready to launch the Network real soon.  Go to theWizardNetwork.com and register.  Also you can check out the whole site. There is a lot of information about the WizardNetwork a video and my interview with Gabriel Wisdom.

There is a lot going on and I am way too busy, but I love it.

As always God’s blessings to all of you.

Gene Stunkel

Creator of the Wizard