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What is Global and/or Domestic Economics and how does it affect you?

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Economic Edification and Financial Empowerment

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Interested in Personal and/or Investment Real Estate?

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Capitalist Henchmen

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Spiritual Enlightment…

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Do you want to improve spiritual and financial unity in the community (Umoja)?

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DON’T MISS TODAY’S ASK THE WIZ RADIO BROADCAST!!!
Thursday, July 02 2009


Today’s (Thursday, July 2, 2009), ASK THE WIZ radio broadcast from 2-4pm (EST) on WIGO 1570AM you don’t want to miss!!! Tune in on your radio or listen “live” via the internet anywhere in the world at: www.wigoam.com .

“THE WIZ” will be presenting vital information pertaining to the following economic topics:

During the 1st hour of ASK THE WIZ

  1. DOMESTIC STOCK MARKET ANALYSIS
  2. “THE WIZ” WILL REVEAL HOW AND WHY YOU SHOULD PUT DIVIDEND PAYING COMPANIES TO WORK IN YOUR PORTFOLIO NOW!
  3. “THE WIZ” WILL IDENTIFY THE FIRST AND ONLY SHORT AND LEVERAGED ETFs FOR THE RUSSELL 3000.
  4. “THE WIZ” WILL GIVE A 3RD QUARTER 2009 ECONOMIC FORECAST.

During the 2nd hour of ASK THE WIZ

  1. INTERNATIONAL STOCK MARKET ANALYSIS
  2. “THE WIZ” WILL EXPLAIN THE FINANCIAL GENIUS OF MICHAEL JACKSON.

We think you will agree, you need to tune in to today’s (Thursday, July 2, 2009) broadcast!!! Like always “THE WIZ” continues to be adamant about providing the community with vital information people need to finance and maintain their economic liberation.

REMEMBER: THERE AIN’T NOTHING “FREE” ABOUT FREEDOM!!! YOU MUST PUT YOUR MONEY TO WORK FOR YOU, NO MATTER WHAT THE AMOUNT {$1 or $100,000.00}, 24-7/365 DAYS A YEAR GENERATING REVENUE AND INCOME…

Don’t miss today’s broadcast of ASK THE WIZ from 2-4pm (EST) on WIGO 1570AM or listen “LIVE” via the internet anywhere in the world at: www.wigoam.com .

NOTE: REBROADCASTS OF ALL ASK THE WIZ RADIO PROGRAMS ARE AVAILABLE ON DEMAND AT OUR WEBSITE: www.askthewiz.info .

Thank you for allowing us to be your COMMUNITY SERVANTS!!!

Customer Service Department,

ASK THE WIZ, INC.

ASK THE WIZ WEALTH INSTITUTE, INC.

 
WIZ ALERT!!!
Wednesday, July 01 2009

Now is the time to trim your ENERGY positions and take profits. We will revisit the energy sector and its forward movement next week after the 4th of July holiday.

We have done extremely well doing the first half of 2009 with the blessings and guidance of the CREATOR and the ANCESTORS, generating an 82.69% upside profit from our TRIAD INVESTMENT PORTFOLIO.

Thus we must continue to be disciplined and remain focused on the fundamentals that drive and validate our trading/investment decisions.

CONGRATULATIONS on your mid-year 2009 profits!!!

Please review the following confirming information that is associated with our current recommendation to take profits at this time.

1) The CBOE Volatility Index, widely considered the best gauge of fear in the market, dropped below 25 for the first time since September 2008, just before the collapse of Lehman Brothers.

2) On an encouraging note the housing market, pending-home sales rose 0.1 percent in May, slightly more than expected, and April's reading was upwardly revised. This marks the fourth straight month pending-home sales have risen; the last time there were four straight gains was October 2004.

3 ) Meanwhile, the Institute for Supply Management reported its manufacturing index rose to 44.8 in June from 42.8 in May, just slightly higher than expected. The gauge is ticking ever higher to the 50 mark, which indicates expansion; readings below 50 indicate contraction.

4) Now, the market is turning to the employment situation, waiting for the government's June jobs report, due out Thursday. Typically the report is issued on a Friday but is out a day early this month due to the Fourth of July holiday.

5) Traders are expecting to see fewer jobs lost in June than in May, which would be a boost for the market. But, if the unemployment rate tops 10 percent, you're likely to see some selling.

I was able to get my hands on and preview a couple of reports on the jobs situation today: ADP reported that private employers slashed 473,000 jobs from their payrolls in June, more than expected, while planned layoffs fell for a fifth straight month.

Still to Come:

WEDNESDAY: ISM manufacturing index; construction spending; pending-home sales report, and crude inventories;
THURSDAY: Weekly jobless claims; May jobs report; factory orders
FRIDAY: All U.S. financial markets closed for the Independence Day holiday

If you have any questions and/or require assistance, simply…

ASK THE WIZ!!!

 

 

 
DON’T MISS TODAY’S ASK THE WIZ RADIO BROADCAST!!!
Tuesday, June 30 2009


Today’s (Tuesday, June 30, 2009), ASK THE WIZ radio broadcast from 2-4pm (EST) on WIGO 1570AM you don’t want to miss!!! Tune in on your radio or listen “live” via the internet anywhere in the world at: www.wigoam.com .

“THE WIZ” will be presenting vital information pertaining to the following economic topics:

During the 1st hour of ASK THE WIZ

  1. DOMESTIC STOCK MARKET ANALYSIS
  2. “THE WIZ” WILL REVEAL 5 THINGS YOU MUST KNOW BEFORE YOU INVEST IN A ETF.
  3. “THE WIZ” WILL IDENTIFY THE TOP 5 ETF PERFORMERS RELATED TO CHINA AND COMMODITIES.
  4. “THE WIZ” WILL LIST THE TOP 10 GLOBAL ETFs.

During the 2nd hour of ASK THE WIZ

  1. INTERNATIONAL STOCK MARKET ANALYSIS
  2. “THE WIZ” WILL EXPLAIN THE DIFFERENCE BETWEEN STRATEGIC/INTELLIGENT AND FOOLISH/WISHFUL TRADING/INVESTING.
  3. “THE WIZ” WILL EXPLAIN HOW STOCK PRICES ARE SET.
  4. “THE WIZ” WILL EXPLAIN HOW IMPORTANT IT IS TO PUT DIVIDEND PAYERS TO WORK IN YOUR PORTFOLIO GOING INTO THE 3RD QUARTER.

We think you will agree, you need to tune in to today’s (Tuesday, June 30, 2009) broadcast!!! Like always “THE WIZ” continues to be adamant about providing the community with vital information people need to finance and maintain their economic liberation.

REMEMBER: THERE AIN’T NOTHING “FREE” ABOUT FREEDOM!!! YOU MUST PUT YOUR MONEY TO WORK FOR YOU, NO MATTER WHAT THE AMOUNT {$1 or $100,000.00}, 24-7/365 DAYS A YEAR GENERATING REVENUE AND INCOME…

Don’t miss today’s broadcast of ASK THE WIZ from 2-4pm (EST) on WIGO 1570AM or listen “LIVE” via the internet anywhere in the world at: www.wigoam.com .

NOTE: REBROADCASTS OF ALL ASK THE WIZ RADIO PROGRAMS ARE AVAILABLE ON DEMAND AT OUR WEBSITE: www.askthewiz.info .

Thank you for allowing us to be your COMMUNITY SERVANTS!!!

Customer Service Department,

ASK THE WIZ, INC.

ASK THE WIZ WEALTH INSTITUTE, INC.

 
EVENTS AND ITEMS TO FOCUS UPON THIS WEEK
Monday, June 29 2009

This will be a holiday-shortened week with the U.S. markets
closed on Friday, July 3, 2009. As a result, I expect volume to be light.

However, there will be some important economic data released,
including June unemployment and non-farm payrolls (Thursday
morning, July 2, 2009).

We will also receive profit reports from 19 companies, including
4 members of the S&P 500. Be prepared to take profits during this week if warranted.

Look for sector related “WIZ ALERTS” throughout this week.

 

If you have any questions and/or require assistance, simply…

ASK THE WIZ!!!

 

 
TAKING THE MYSTERY OUT OF STOP/LOSS ORDERS
Friday, June 26 2009

Volatility may be a trader's best friend, but for the average
trader/investor these days, it is more like the guest that wouldn't leave.
After a few nights on the sofa, the wild twist and turns have made
themselves quite at home.

That has left more than a few retail traders/investors wondering exactly
where the next pitch will be.

And for all of them, guessing correctly will mean the difference
between the thrill of victory and the agony defeat. Or in this case,
either sadness or euphoria.

One, of course, is much more preferable than the other.

Needless to say, that makes for a pretty tough trading/investing environment.  

However, that doesn't mean for a second that traders/investors ought to
simply roll the dice in these markets and hope for the best. That's
not exactly a winning strategy.

Instead, what every trader/investor should be doing is using a combination
of Stop/Loss Orders to protect their portfolios from the inevitable
wild pitch, since failure to do so could cost them dearly.

Here's how Stop/Loss Orders work…

Taking the Mystery Out of Stop Loss Orders

Simply put, a stop/loss order is what stands between your portfolio
and the danger of losses that are simply too big to face — kind
of like an insurance policy you hope you'll never need.

Also known as a "stop order" or "stop-market order," it's an order
placed with your broker to sell a security once the stock has hit a
certain price. And once your predetermined stop level has been
reached, your order goes "live," and the shares you hold are
liquidated.

No fuss. . . no muss.

For example, let's say you just loved Amazon and established a
position in Amazon stock (AMZN) for $80.00 a share. To protect
yourself against a wicked downdraft in that position or in the broader
markets, you would simply follow up that buy with a stop/loss order
you could live with if the markets suddenly turned against you.

For instance, if a 10% loss is all you can handle then your
stop/loss order in this case would be set to execute once the price
reached $72.00. That would save you the agony of much steeper losses
if the sell off were to continue. Moreover, it eliminates the emotions
that often turn traders/investors into "trapped longs," which is something
that can take years to recover from.

And if you don't believe me, just ask those "buy and hold forever"
types how they're riding out the current downturn. The odds are they
wish they got stopped about a year ago.

That being said, there are two types of stop/loss orders, and it is
important to know the difference.

One is a stop market order, which automatically sells the allotted
shares at "the market" once the order is activated. In short, it is
the equivalent of a market order, meaning your shares will be sold at
the bid until they have all been sold. The price you sell your shares
for can sometimes fall below your stop price, especially in
fast-moving markets or thinly traded stocks.

The other type is a stop limit order, which also activates a preset
level. However, in this case the order combines the features of a stop
order with those of a limit order. As such, once activated, your
shares will be liquidated at limit price or better. The downside, of
course, is that if the stock keeps falling then your limit will not be
reached, exposing you to further losses.

 

Lock in Your Profits with Trailing Stops

However, as important as stop/loss orders are, preventing big losses
isn't the only way to use them. That's because savvy traders also use
them on occasion to "lock in profits," once again taking the emotion
out of the trade.

Doing so, they employ what is known as a trailing stop.

Here, the stop-loss order is set at a percentage level below the
current market price — not the price at which you bought it
originally. As such, the price of the stop/loss actually adjusts as
the stock price fluctuates from day to day. It is used in cases when
the share price has turned green, ensuring gains during a pullback or
a deeper correction.

The bonus is that using a trailing stop allows you to "let profits
run" while at the same time guaranteeing at least some realized
capital gain.
Continuing with our Amazon example from above, say you set a
trailing stop order for 10% below the current price. Meanwhile, the
research you performed along with your findings turned out to be the game-changer you thought it would be, and shares of Amazon were hitting $150.

Your trailing stop order would then lock in at $120 per share ($150
- (10% x $150) = $120). This is the worst price you would receive, so
even if the stock takes an unexpected dip, your profits of $40/share
would be "locked-in."

Of course, keep in mind the stop/loss order is still a market order,
so the price of your sale may be slightly different than the specified
trigger price.

So, while the markets are still as volatile as ever, using stop/loss
orders is still the best way to protect your portfolio from the
ravages of the worst case scenario.

 

If you have any questions and/or require assistance, simply…

ASK THE WIZ!!!

 

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