The markets are in turmoil yet again – and people are really worried this time. We’ve seen this before – and we know what happens. Portfolios hemorrhaging money. Retirement accounts collapsing. Nest eggs disintegrating.
The possibility of another 2008-style crash is very real indeed.
And through it all, we here at The Wizard have been bombarded with pleas for advice. From the newest trader all the way to professionals managing hundreds of millions of dollars, the question is always the same: “Where is the market going and what do I do now?”
The media simply cannot answer these questions. Despite horrific declines and overwhelming evidence that the sellers are now in control of this market, all the media can offer is the same failed advice: buy more stocks and hope (pray, actually) that the markets will rebound.
This doesn’t sound like advice. It sounds like a shot in the dark from a bunch of desperate people who have no clue what to do.
But not The Wizard. There’s a reason why professional money managers and traders of all kinds call us. Because we stand alone. Even in the very worst of markets, we have proven our mettle. We proved it during the Crash of 2008. And this past month, The Wizard has proven it again.
Take the Dow Industrials – the grandaddy of all stock indexes. While most of the investment community has been telling anyone who would listen to buy more blue chip Dow stocks, The Wizard was selling them short. With lethal effectiveness.
24 trades. 23 winners. A 14.2% average profit.
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How about some highlights – 2 stocks that have been all over CNBC. The commentators have been endlessly debating the fates of both. But for The Wizard, there was no debate. We simply sold them short:
Hewlett Packard (HPQ): 32.74% profit in 19 days
Bank of America (BAC): 32.26% profit in 39 days
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Try this: Of the 9,634 stocks The Wizard covers, our open signals have profits on over 84% of them – with an average profit of 15.34%. Most money managers would kill to get returns like this in a year. We did it in an average of just over 26 days.
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