The Wizard: Stocks, ETF's, Futures & Forex » Trend Change 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. Mon, 14 May 2012 20:46:33 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 U.S. credit downgrade. Europe in Turmoil. Are you prepared? http://thewizard.com/blog/u-s-credit-downgrade-europe-in-turmoil-are-you-prepared-3/ http://thewizard.com/blog/u-s-credit-downgrade-europe-in-turmoil-are-you-prepared-3/#comments Mon, 08 Aug 2011 15:55:48 +0000 Gene http://thewizard.com/blog/?p=1186 The unthinkable has indeed come to pass… This week, the U.S. credit rating was downgraded – something nobody thought would EVER happen. And Europe? In absolute turmoil. Greece is going to default. Italy and Spain are up next as the ECB held emergency meetings through the weekend in a last-ditch attempt to craft a bailout [...]]]> The unthinkable has indeed come to pass… This week, the U.S. credit rating was downgraded – something nobody thought would EVER happen. And Europe? In absolute turmoil. Greece is going to default. Italy and Spain are up next as the ECB held emergency meetings through the weekend in a last-ditch attempt to craft a bailout package 25 times the size of what was given to Greece! Traders all around the world are panicking.

Could a 2008 crash happen again? The short answer is yes – it can.

In fact, the early returns are already in:
Saudi Arabia: down 6%. Israel: down 7%. The futures markets are tumbling during the pre-market. The Asian markets are selling off once again, and gold is at record highs.

But you could have been prepared beforehand…

Because The Wizard issued a sell signal on July 31 – BEFORE last week

]]> http://thewizard.com/blog/u-s-credit-downgrade-europe-in-turmoil-are-you-prepared-3/feed/ 0 Double top at 1150 on the S&P……Caution http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/ http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/#comments Mon, 15 Mar 2010 03:20:30 +0000 Gene http://thewizard.com/blog/?p=776 Comments today are from TheWizardPro We have to watch this area very closely.

]]> Comments today are from TheWizardPro We have to watch this area very closely.

]]> http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/feed/ 0 The Stock market is short now and you need to be looking for shorts in the sectors and industries section. Look for double reds on everything. http://thewizard.com/blog/the-market-is-short-now-and-you-need-to-be-looking-for-shorts-in-the-sectors-and-industries-section-look-for-double-reds-on-everything/ http://thewizard.com/blog/the-market-is-short-now-and-you-need-to-be-looking-for-shorts-in-the-sectors-and-industries-section-look-for-double-reds-on-everything/#comments Sun, 22 Jun 2008 18:59:08 +0000 Gene https://thewizard.com/blog/?p=83 Our S&P 500 calendars called the market short on June 13. We use this barometer index to find the overal trend. Some of the indexes move faster or slower but the broad range of all markets covered in the S&P 500, gives us the turn in trend direction for stocks. For those of you that [...]]]> Our S&P 500 calendars called the market short on June 13. We use this barometer index to find the overal trend. Some of the indexes move faster or slower but the broad range of all markets covered in the S&P 500, gives us the turn in trend direction for stocks. For those of you that have not reviewed the calendars, go to the top right hand corner of the main Wizard page and click on the long term arrow for the S&P 500.

]]> http://thewizard.com/blog/the-market-is-short-now-and-you-need-to-be-looking-for-shorts-in-the-sectors-and-industries-section-look-for-double-reds-on-everything/feed/ 0 Market Trends making a change http://thewizard.com/blog/market-trends-making-a-change/ http://thewizard.com/blog/market-trends-making-a-change/#comments Sat, 14 Jun 2008 17:29:28 +0000 Gene https://thewizard.com/blog/?p=70 It is very important for you to know where the trend of the market is when you are making trades in a particular category. This slide from last week, shows that the S&P may be following suit by turning to a darker green. This is the second week for dark green. The next color [...]]]> It is very important for you to know where the trend of the market is when you are making trades in a particular category. This slide from last week, shows that the S&P may be following suit by turning to a darker green. This is the second week for dark green. The next color will be bright red when it makes a change if it doesn’t change to bright green and start up again. Well the second slide shows that we got the bright red and are heading lower. So if you are taking trades at this time be sure you are aware of the main trend. Looks like we may be heading lower. So you should be looking fror shorts this weekend and be ready to short the S&P Monday morning. Look for double red stocks and do the PRE-SELL scan.

(click on image to make larger)

(click on image to make larger)

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