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We have another Sell Signal…..although we have been short since May 7, 2010.   It seems as though everyone you listen to on the media shows, has been all over the board as to what to do for the last three months.  You can take a look at the calendars below and find that with the [...]

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Market Trends are consolidating, but they are leaning to the downside

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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. [...]

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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 [...]

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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 [...]

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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

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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 [...]

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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 [...]

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Time to Buy ………Carefully

On February 21, 2010 By

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 [...]

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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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