The Wizard is Expanding
The Wizard is Expanding
Think the Wizard is big now? Just wait. We’ve recently launched two new features: the Portfolio and the Watchlist. And the Wizard Blog is up and running. If you’re not reading it, you should, because it’s where we’ll be showcasing some of our very best trading strategies so that you can use them, too. (More on that below.)
But we’re not done there. Not by a long shot. We’ll soon be beefing coverage to include 13,000 stocks as well as new futures contracts and currency pairs. In the coming months, we’ll be added 15 years of backtesting capabilities and trend histories for every security, in every market we cover. And our scanning features will be expanding to include a wide array of fundamental criteria and additional technical options.
Trade the World. From your living room.
That’s right. In the coming months, the Wizard will begin adding international markets to our already impressive repertoire. Europe, Australia, Asia and South America will all be coming to a computer near you.
Use your Apple Mac Products
Now you can trade on an Apple through safari. You can even use the Wizard on an IPhone or any other way you can connect to the internet. You need nothing else, because the Wizard is a Web based product.
Are you reading the Wizard Blog? Here’s why you should.
If you want to know why you should trade with the trend, here’s why. When the Wizard called the market short on June 13th, our strategy changed and we can began looking for shorts. But we didn’t want just any shorts. We wanted the worst stocks in the worst sectors. After all, we’re all here to make money, right?
We started off looking in Conglomerates, but because this sector doesn’t have many stocks, we settled on financials. This sector’s trend is double red (both the long and short-term trends are very bearish). This is a prime indication of weakness, and weakness is exactly what we’re looking for right now. And, boy, did we find some.
Out of 296 possible trades in the financial sector, all with double red trends, we found 291 shorts with 286 winners! Let me say that again: 286 winners out of 291! That’s a 98% clip, folks, and you can’t beat that anywhere.
Our Portfolio
Here at the Wizard, we’ve also been keeping our own portfolios so that we can share the results with everyone. On June 23rd, we added 8 stocks from the financials to our portfolio. As of today, we have 7 winners and 1 loser. Our one loser is down 3 cents/share. Yes, 3 cents. Not bad, huh?
As always, thank you for using the Wizard. Good trading to all.
Gene Stunkel
Founder of the Wizard
Recent Posts
- We Have a Buy Signal in the SPY, But We’re Not Getting Filled… What’s Happening?
- Swiss Surprise? Not for The Wizard
- Could this be a repeat of 2008? Let’s hope so: The Wizard turns crashes into opportunities.
- U.S. credit downgrade. Europe in Turmoil. Are you prepared?
- The Market gave us a Sell Signal. The first S&P target is 1097 and the second target is 997.
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