If you did not make money during the last 11 weeks, you are not using the Wizard
Great Results during this bull run
This is simple stuff. You do not have to be a genius to find a Double Green Pre-Buy to get yourself into a high probability trade. During the last eleven weeks we have done just that. The sector did not make much of a difference. It was a matter of picking an industry and sector that were Bright Green. Personally I did not think it would last this long, but it has. We can guess when it is going to turn the other way but if we take the emotion out of the trade and follow our signals, we will be better off. Isn’t it amazing what patience and discipline will do for your trading portfolio. We should get a change soon. But for now, I would make sure I took smaller positions if you are taking trades at this time.
Take a look at the winners in the top sectors.
Basic Materials
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Oils and Energy
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Consumer Staples
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Auto-Tires & Trucks
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Computer & Technology
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Retail Wholesale
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Penny Stocks
The Wizard picks the penny stocks the same way it picks the higher price stocks. It give you an entry when the stock breaks out of the consolidation area. If you find a sector that is double Greens, there will be some penny stocks, (less than $2.00) that will move with the sector as well. If you have a small account this can be a good alternative. It has been particularly well with the oil stocks.
The main issue with any trading plan is to follow the rules and have the patience to follow through with the rules of the trading method. The following chart shows the gains from some of these penny stocks.
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ETFs
We have caught the moves in the ETFs as well. Look at these trades
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Futures & Forex
Here is the Futures contracts for the recent run in commodities. The Wizard does very well with the futures. If you are looking for more leverage, take a look at how theses contracts are performing. The Forex is a Weekly Chart. I am showing you how the big traders trade the Forex. To have the patience is the key. Of course a larger account helps out as well. All markets trend. The Forex and currencies in the Futures are no exception and are some of the best.
Futures
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Forex
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Have yourself a great trading week.
Gene Stunkel
Creator of the Wizard
