The Wizard: Stocks, ETF's, Futures & Forex » Newsletters http://thewizard.com/blog The best day trading software information from The Wizard. Get tips on how to use the best online stock trading strategies. Wed, 02 Nov 2011 05:20:46 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 The Market gave us a Sell Signal. The first S&P target is 1097 and the second target is 997. http://thewizard.com/blog/the-market-gave-us-a-sell-signal-the-first-sp-target-is-1097-and-the-second-target-is-997/ http://thewizard.com/blog/the-market-gave-us-a-sell-signal-the-first-sp-target-is-1097-and-the-second-target-is-997/#comments Sun, 31 Jul 2011 05:02:19 +0000 Gene http://thewizard.com/blog/?p=1100

(Click on image to enlarge)

The market gave us a sell signal. Needless to say this is a very volatile market. Washington and its political escapades could change this market on a dime. However, the trend has changed in a week giving us a sell or short signal. The image above gives you the parameters of the Pre-Sell entry prices for the indices. It is important that you make sure they are stop limit orders. You will not get filled on the orders unless the price is touched. The entries are not that far away from the closing prices, so be cognizant of what is going on with the debt limit discussions. The market could turn instantly, if they make serious commitments to decreasing the debt. As you know, I am not one to worry about news and fundamentals. However, in this case, it is such a monumental decision that we should be sure our stops are set. If your risk tolerance requires you to put a hard stop on the trade, that will be fine.

Here are the charts with signals and targets for the SPY (S&P), DIA (Dow 30), and the IWN (Russell Value Stocks). You will notice that the target price is much lower on the S&P and the Russell than the Dow. If we get filled and this breaks down, get ready for a wild ride down. The first S&P target is 1097 and the second target is 997. If you don’t short the market you could buy an inverse ETF. If you are not comfortable with that prospect, put your money in the money markets or cash, until we get another buy signal.

S&P

(Click on image to enlarge)

Dow 30

(Click on image to enlarge)

Russell

(Click on image to enlarge)

I have taken the Power Scan and filtered with no stocks under $20.00 and 27 Million shares traded a week. The following ten “high probability shorts” are the results. This could be a good option play if you wanted to buy puts on these stocks. Make sure you hit the fill price on the stock before you buy the option puts.

(Click on image to enlarge)

Forex

If you are an intraday trader and want to be trading the largest market in the world, we give signals for  Forex trades every 15 minutes. I participated in one of our Wizard University classes this week and our traders reported that they had been very profitable with the Wizard  Forex signals . Currencies trend very well and when the trends take off, we do not miss being in the trade.

If you are new to the Wizard or you have not subscribed, go to TheWizard.com and check out our events page. There you will find  live webinars that you can sign up to watch, or view archived webinars at your leisure. We also offer the Wizard Boot Camps and The Wizard University for subscribers. Great instructors are there to show you how to use the Wizard and answer questions that you may have about the market and setting up your trades.

This should be an interesting week. I wish you all well, great profitable trading, and God Bless.

Gene Stunkel

President

TheWizard.com


]]> http://thewizard.com/blog/the-market-gave-us-a-sell-signal-the-first-sp-target-is-1097-and-the-second-target-is-997/feed/ 0 We have Double Reds in the S&P and are still long (Long Term). | TheWizard.com http://thewizard.com/blog/we-have-double-reds-in-the-sp-and-are-still-long-long-term/ http://thewizard.com/blog/we-have-double-reds-in-the-sp-and-are-still-long-long-term/#comments Sat, 04 Jun 2011 01:52:14 +0000 Gene http://thewizard.com/blog/?p=1087 To tell you how amazing The Wizard is, take a look at the following:

The Wizard had a target for the S&P of 1357.00

The high of the S&P was 1371.10

When we entered the long term trade at 1133 our targets were 1278 and 1357.  We hit both targets. We started that trade on [...]]]> To tell you how amazing The Wizard is, take a look at the following:

The Wizard had a target for the S&P of 1357.00

The high of the S&P was 1371.10

When we entered the long term trade at 1133 our targets were 1278 and 1357.  We hit both targets. We started that trade on September 17, 2010.  This is surely a glowing testament to the advantage of trading with the trend, using the Wizard.

We now have a red arrow on the Short and Long Term calendars. However, we did not get stopped out on our long entry.  The question is, will we get the Pre-Sell for the long term entry next week?  We penetrated the stop and many of you, that prefer hard stops, may have exited your long term positions. The Wizard did not.  The rule that we use with The Wizard is that we wait for the close to be beyond the stop price.  That did not happen this week.  If you are familiar with my Price Action Seminars you may also realize that we could test the top again. If we get good volume and close below 1300 on the S&P we are looking for the next target of 1268 and then 1132.

S&P

(Click on image to enlarge)

If you take a look at the sector chart below you will will find many of the sectors have already turned red and are giving sell signals.

Even though the S&P index  has not changed to a Pre-Sell signal, there are plenty of sectors giving Pre-Sells for stocks and ETFs.

Sectors

(Click on image to enlarge)

If you have not tried the Wizard this is a great time to catch the next trend.

Have a Great week and God Bless.

Gene Stunkel

President

TheWizard.com LLC

]]> http://thewizard.com/blog/we-have-double-reds-in-the-sp-and-are-still-long-long-term/feed/ 0 Changes in the Conservative Scan http://thewizard.com/blog/changes-in-the-conservative-scan/ http://thewizard.com/blog/changes-in-the-conservative-scan/#comments Sun, 22 May 2011 20:58:40 +0000 Gene http://thewizard.com/blog/?p=1071 The Conservative Scan is changing tonight. Many of your stops will have changed.  Be sure you are aware of the new Stops.

After back-testing the results of the new format, it is a must that we implement this change. Many are timid about taking profits.  This will help you be a better money manager of your portfolio.

The new rules for the Conservative Scan on all Stocks, ETFs, Futures and Forex will be the same.

ALL CONSERVATIVE SCAN STOPS ARE HARD STOPS, ONCE THE 50% TARGET IS ACHIEVED.  IF THE  50% TARGET IS NOT ACHIEVED ONLY EXIT THE TRADE IF THE PRICE CLOSES BEYOND THE STOP PRICE. ONCE THE MOVING STOP OVERTAKES THE BREAK EVEN STOP THE MOVING STOP BECOMES A HARD STOP.

1.Once the 50% target is hit the stop, the exit will be automatically moved to where you entered the trade.   You will have taken 50% of the original size of the trade off.  If you bought or sold 100 shares or contracts, when your target of 50% is reached, you will take off 50 shares. This means that you cannot lose money on this trade. You will have locked in a profit from entry to the 50% target for half or 50 shares or contracts. When the moving stop price exceeds the price where you entered it will show as a continuing moving stop.

Example:

Entry price   Stop Price    50%Target Price    Shares

$10.00              $9.00              $12.00            100

When Price makes it to first target

Entry price      Stop Price    50%Target Price      Shares   Guaranteed Profit

$10.00           $10.00           $12.00                  50                $100

3.At this point you stay in the trade until your stop is hit. You have made at least 10% and you are still in a trade with no risk.

2.Once the 75% target is hit, the stop for the exit will be automatically moved to where you took profits at the 50% target.   You will have taken another 25% of the original size of the trade off.  If you bought or sold 25 shares or contracts, when your target of 75% is reached, you will take off 25 shares. This means that you cannot lose money on this trade and you have locked in more profits. You will have locked in a profit from entry to the 50% target for all of your 100 shares or contracts and 25% from the 50% target to the 75% target. When the moving stop price exceeds the price where you took 75% profits it will show as a continuing moving stop.

Example:

Entry price      Stop Price    50%Target Price    Shares

$10.00             $9.00            $12.00                  100

When Price makes it to second target

Entry price      Stop Price    75%Target Price    Shares    Guaranteed Profit

$10.00          $12.00            $16.00                 25                  $300

3.At this point you stay in the trade until your stop is hit. You have made at least 30% and you are still in a trade with no risk.

]]> http://thewizard.com/blog/changes-in-the-conservative-scan/feed/ 0 The Wizard University http://thewizard.com/blog/the-wizard-university/ http://thewizard.com/blog/the-wizard-university/#comments Thu, 19 May 2011 17:43:36 +0000 Gene http://thewizard.com/blog/?p=1067 The Wizard University

As a Wizard customer, you are entitled to attend The Wizard University – for FREE!! There are two types of classes – Live-in-the-market training classes and Wizard Boot Camps.

The Live-in-the-market classes allow you to interact with a Wizard instructor during market hours. You can watch our instructors use The Wizard and follow the trading rules of the program in real market conditions. If you are considering a trade or looking to exit a trade, but have some questions, feel free to email the instructor and they can give their insights to your situation. You can also watch other Wizard customers send in their trading insights on the current market conditions. With The Wizard University, you’re now part of a big trading community.

The Wizard Boot Camps cover a special topic, product feature or market asset class (Stocks, ETFs, Forex or Futures). The Wizard Boot Camp instructor might teach a class on a feature of the software, a strategy for the current market condition or a general investor topic such as money management. These classes are designed for you to become more comfortable with The Wizard’s features, functionality and trading rules. Bring your questions and the instructor will be happy to answer them.

To sign-up for the classes just go to the “How To Use” tab in The Wizard product and click on the Wizard University registration button. Again The Wizard University is free so come as often as you like. We’ll even archive these so you can re-watch them at your leisure.

Wizard University Broadcast Schedule

Days Time * Show Focus Viewing
Mon – Fri 7:30 – 9:30 AM Opening Bell 7:30 – 8:30 Futures, Forex, market set-up
8:30 – 9:30 Market open		 customers only
Mon – Thu 11:00 – 12:00 AM Wizard Boot Camps Asset class focus each day:
Monday – Stocks
Tuesday – Forex
Wed – ETFs
Thurs – Futures		 customers only
Mon – Fri 1:30 – 3:00 PM Closing Bell Market close. Set-up for Asian & European Forex markets customers only
Monday 7:00 – 8:00 PM Asian Market Forex trading focusing on Asian market & European market
set-up		 customers only
Tuesday 7:00 – 8:00 PM Stocks & ETF Spotlight Equities trading focusing on Stocks & ETFs. Mid-week report
(look at how the weekly trades are doing)		 customers only
Wednesday 10:00 – 11:00 PM European Market Forex trading focusing on European market & US market
set-up		 customers only
Sunday 4:00 – 5:30 PM Weekly Trade Plan Set-ups for the upcoming week. Forex live markets open to public

*All times CST

]]> http://thewizard.com/blog/the-wizard-university/feed/ 0 Targets on every conservative scan. | profit targets http://thewizard.com/blog/targets-on-every-conservative-scan/ http://thewizard.com/blog/targets-on-every-conservative-scan/#comments Mon, 28 Mar 2011 05:41:44 +0000 Gene http://thewizard.com/blog/?p=1062 We have installed targets for every conservative scan.  There have been requests for identifying  profit targets when the Wizard algorithm is not finding a profit target.

We have installed into the Wizard System a calculation that gives a one to one risk ratio and a two to one risk ratio when the target is not [...]]]> We have installed targets for every conservative scan.  There have been requests for identifying  profit targets when the Wizard algorithm is not finding a profit target.

We have installed into the Wizard System a calculation that gives a one to one risk ratio and a two to one risk ratio when the target is not found.  You will notice that in many cases your scans will be locking in profits more quickly when the one to one ration is hit.

We will still take half of our position off at the first 50% target and another 25% off at the second 75% target. We will let the trailing stop take the remaining 25% off of the trade.

We have placed a small “w” in each of the conservative profit target boxes that indicates when targets are found by the Wizard algorithm.

Please observe the image below.

(click on image to enlarge)

Support@theWizard.com

]]> http://thewizard.com/blog/targets-on-every-conservative-scan/feed/ 0 The Wizard has all Winners in the long term signals for the Futures Markets. http://thewizard.com/blog/the-wizard-has-all-winners-in-the-long-term-signals-for-the-futures-markets/ http://thewizard.com/blog/the-wizard-has-all-winners-in-the-long-term-signals-for-the-futures-markets/#comments Wed, 09 Mar 2011 06:13:47 +0000 Gene http://thewizard.com/blog/?p=1053 The commodities have been hot for a few months and the Wizard has been picking the entries that have made considerable profits.

Here are a few images taken from the Wizard that shows how it went about getting into the trade and how it stayed in the trade.  The images are of a cotton contract [...]]]> The commodities have been hot for a few months and the Wizard has been picking the entries that have made considerable profits.

Here are a few images taken from the Wizard that shows how it went about getting into the trade and how it stayed in the trade.  The images are of a cotton contract that would have cost a margin account price of $3,700.  In 204 days you would have made $66,670. That is 18 times your original investment. Had you taken the Wizard entry signals in the weekly scan, you would be making handsome profits.

The first thing we did was look for a Weekly Pre-Buy entry with Double Green Arrows and we got that on 8/13/10. Here are the historical calendars to show where we took the trade.

(click on image to enlarge)

Next, here is the chart that shows where the Wizard signal would have gotten you into the trade, and where the price was this past Friday.

(click on image to enlarge)

Here is a copy of the full scan showing the results of all the Wizard signals that are active.

(click on image to enlarge)

If you are bullish on cotton, you can profit from a rise in cotton price by taking up a long position in the cotton futures market. You can do so by buying (going long) one or more cotton futures contracts at a futures exchange.

Example: Long Cotton Futures Trade

You decide to go long one near-month NYMEX Cotton Futures contract at the price of USD 0.4600 per pound. Since each NYMEX Cotton Futures contract represents 50000 pounds of cotton, the value of the futures contract is USD 23,000. However, instead of paying the full value of the contract, on 8/13/11 you would have only be required to deposit an initial margin of USD 3,375 to open the long futures position. That contract now has a margin of $7,000.

There is a lot of leverage in futures and if you trade with the Wizard rules, you can have a high probability of substantial results.

Take a look at the futures markets.

Have a great week trading and God Bless,

Gene Stunkel

Creator and Founder of the Wizard

]]> http://thewizard.com/blog/the-wizard-has-all-winners-in-the-long-term-signals-for-the-futures-markets/feed/ 0 We have had a great run since September 2010, but a change could be coming. | target http://thewizard.com/blog/we-have-had-a-great-run-since-september-2010-but-a-change-could-be-coming/ http://thewizard.com/blog/we-have-had-a-great-run-since-september-2010-but-a-change-could-be-coming/#comments Sun, 20 Feb 2011 06:50:25 +0000 Gene http://thewizard.com/blog/?p=1040 The resistance targets are close for the Dow and the S&P.

We have witnessed  a long and profitable run since September but we could be getting ready to bounce off of some significant targets in the Dow and the S&P.  The Wizard has a target of  12463 on the Dow and a target of 1357 on the S&P. These are targets that we have been forecasting for some time and many did not believe we could get climb this high.  But here we are rapidly approaching them and we  may get there this week. These are our second targets where we take 25% of our original investment out of the market.  Many times when we hit these major targets we will bounce off of them and often test them again.  The result could be a reversal to sell the markets rather than buy them.  The volume is declining  and that is usually a good indication that we are close to a reversal. But remember much of this rise has been with lower volume.

(click on image to enlarge)

The truth is we never know how high the market will go, we simply stay with the trend until we receive the signal to get out.  Since we have two of our targets we could be getting close to the end of this run.  The one factor that is bothersome to all in the market at this time, is the participation of the Federal Reserve.  They are pumping money into the markets every week and it has continually climbed higher and higher. It will stop at some point and the results could be a severe downturn. So be on alert and be ready to cover your positions if we get a major sell off that triggers a sell signal.

We are still very bullish with Double Green Arrows for long and short term trends in all of the equity markets.  Many stocks and ETFs are making new highs from good earnings reports.  If the Federal Reserve stays active, we also could blow right through these targets.  But I am inclined to think that we might get a bounce off of these strong resistance numbers.

We have many new features at the Wizard and more are coming  very soon.

Boot Camps and Webinars

We have added four Boot Camp sessions for all of our paying customers and  two webinars a week that are open to everyone.

The webinars are located on the events tab on the homepage at www.thewizard.com

Broker Affiliations

We are also announcing this week  some broker affiliations that will make it easier for you to purchase the Wizard.  To subscribe to the wizard and waive the setup fee up to $400.00, send an email to support@thewizard.com

Have a great week of trading and God Bless.

Gene Stunkel

Founder and Creator of the Wizard

]]> http://thewizard.com/blog/we-have-had-a-great-run-since-september-2010-but-a-change-could-be-coming/feed/ 0 The Trend continues….. good place to add to your position. http://thewizard.com/blog/the-trend-continues-good-place-to-add-to-your-position/ http://thewizard.com/blog/the-trend-continues-good-place-to-add-to-your-position/#comments Sat, 04 Dec 2010 21:07:07 +0000 Gene http://thewizard.com/blog/?p=1020 Many have asked why I am not commenting on the market more frequently.  Well, when the trend is on fire, I have learned to stay out of the way  and let it fill our pockets.   You see, when we are patient with a trend, even with a volatile market, we must let it continue as [...]]]> Many have asked why I am not commenting on the market more frequently.  Well, when the trend is on fire, I have learned to stay out of the way  and let it fill our pockets.   You see, when we are patient with a trend, even with a volatile market, we must let it continue as long as it will run, without getting out of our trades. If you miss trends like this, it could ruin your year.  If you learn to let the market dictate your response and trade with the trend,  you are going to be a successful trader.  I am asked often what do I think the market is going to do next.  My answer is always I don’t know.  I just take the signals the Wizard gives me and enter the trade.  I am posting below a copy of the calendar for this year showing how the Wizard has traded the market.  We have made only 4 trend trades this year. Here is the performance of the Wizard at the present.

(Click on image to enlarge)

This is  the S&P calendar that shows the areas where we were long and short.  We stay long until we get a bright red and stay short until we get a bright green. The dark red and dark green markings on the calendars are  consolidation an trading range areas.

(click on image to enlarge)

Sectors that have some great winners.

These are filtered by only bought signals and higher volume, which tells us where the institutions are investing.

Basic Materials

(click on image to enlarge)

Autos Tires and Trucks

This is a sector that has done very well. Check out the entry date on Tata Motors buy signal. Then check on the long term calendar below for the trend color when we made the entry. You will find it was double Bright Green arrows.

(click on image to enlarge)

(click on image to enlarge)

ETFs

Show me a program that gives ETF signals any better than this. This was filtered with a minimum trade of $5.00 and 15,000,000 shares traded per week.

(click on image to enlarge)

Penny Stocks

For all of you penny stock traders, here is a look at long term penny stock trading. This was filtered with .10 cents minimum trade and 10,000,000 shares per week.

(click on image to enlarge)

The Wizard Mutual Funds

For any of you who have not seen the Wizard Mutual Funds and have an IRA or 401K account,  you will be pleased with the results.  Out of 41 portfolios with 671 mutual funds we have only 7 losers.  This is a phenomenal product.  It will eliminate those 2008 type losses and build on a higher capital base for you.  Go to www.thewizardmutualfunds.com.

God’s Blessings to all of you during this Holiday Season.

Gene Stunkel

Creator and Founder of the Wizard

TheWizard.com LLC

]]> http://thewizard.com/blog/the-trend-continues-good-place-to-add-to-your-position/feed/ 0 The Wizard Mutual Funds has arrived! http://thewizard.com/blog/the-wizard-mutual-funds-has-arrived/ http://thewizard.com/blog/the-wizard-mutual-funds-has-arrived/#comments Sat, 25 Sep 2010 17:44:54 +0000 Gene http://thewizard.com/blog/?p=999 Our long term Results this week for the S&P, ETFs, Futures and Forex.   WOW!!!


(Click on image to enlarge)

The Wizard LLC announces the release of The Wizard Mutual Funds!
Here is a new way to manage Mutual Funds. If you buy and hold funds when the market [...]]]> Our long term Results this week for the S&P, ETFs, Futures and Forex.   WOW!!!


(Click on image to enlarge)

The Wizard LLC announces the release of The Wizard Mutual Funds!
Here is a new way to manage Mutual Funds. If you buy and hold funds when the market goes down, you lose. But, with The Wizard Mutual Funds, you will never have to worry about that, because when the Market goes down you will be safely in cash. This program has complete transparency. You can see every single trade on any of our 22,000 Mutual Funds over the past 2, 5, or 10 years.

Buy now and SAVE with codes below!

INTRODUCTORY OFFER – Purchase The Wizard Mutual Funds now and receive $10 off your recurring monthly subscription by using “101” as a coupon code or receive $100 off your annual subscription by using “1011” as a coupon code during the checkout process.

Subscribe now

What is The Wizard Mutual Funds?
• A simple-to-use website.
• We tell you when to buy it, sell it or simply to stay in cash.
• Track your IRA, 401k or any group of funds with our portfolios.
• We’ll monitor all of your funds and send you an email alert.
• Spend only a few minutes per week managing your accounts.
• You don’t need to know anything about investing.
• Just follow the signals.

The Wizard Mutual Funds averages 1.3 trades per year.

Our performance is backed by results – Not hype
We show you the two, five and ten year performance of each fund, comparing how The Wizard Mutual Funds called it versus how it performed had you bought and held the fund. With this system, we show you every trade that was made on that fund for the past ten years.

Subscribe now


***30-DAY MONEY BACK GUARANTEE***

Try The Wizard Mutual Funds for 30 days.If for any reason you are not 100% satisfied, we’ll completely refund your purchase price

For professionals who manage money check out our institutional product at SESGlobalMarkets.com.


]]> http://thewizard.com/blog/the-wizard-mutual-funds-has-arrived/feed/ 0 We have buy Signals in the Nasdaq, Dow Jones, S&P 500 | Market Trend is up http://thewizard.com/blog/we-have-buy-signals-in-the-nasdaq-dow-jones-sp-500-and-are-waiting-for-the-russel/ http://thewizard.com/blog/we-have-buy-signals-in-the-nasdaq-dow-jones-sp-500-and-are-waiting-for-the-russel/#comments Mon, 20 Sep 2010 00:10:21 +0000 Gene http://thewizard.com/blog/?p=979 We have buy signals, that we will watch, to see if they get filled.  The low volume in the Dow, makes me concerned, for much of a rally.  However, the S&P volume is very close to its 50 day average.  The same concerns that we had a week ago are still there this week (Political and Elections).  We are with the trend as you can see below on the Trend Arrows.  We have green arrows, and the trend is a buy.

Here are the Trend Arrows

(click on image to enlarge)

Here are the Buy Signals on the Indices

(click on image to enlarge)

There is lot of volume in the top 5 Sectors.

(click on image to enlarge)

Here are some of the stocks, that have heavy Institutional Buying, with Buy Signals.

(click on image to enlarge)

There are a lot more buys available. Let’s see how far this trend goes.

Have a good week investing, God Bless

Gene Stunkel

Creator of the Wizard

]]> http://thewizard.com/blog/we-have-buy-signals-in-the-nasdaq-dow-jones-sp-500-and-are-waiting-for-the-russel/feed/ 0