What Will Trump Say

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Trade Ideas to see the rest of this letter.**

“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.”  Leonardo da Vinci

Some volatility in the precious metals miners space today is telling me to be careful if you’re long gold or silver right now.

In general, markets are still pointing to higher, even though they actually closed a tad lower today.

Heaven forbid!

I think we’ve got more upside to come and futures may kick that off tonight on Trumps speech.

Our PCLN position from the $1,600 area on the cup and handle breakout rallied on earnings and closed well which is telling me the gap up should hold.

All in all, things remain positive and we may see tonight’s speech kick steel stocks back in gear.

Fingers crossed.

SPY is fine above 235.50 or so.

Very strong action.

Enjoy your evening and grab the rest of this letter!

Warren

Back On Track

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Trade Ideas to see the rest of this letter.**

“Over my 50 years in business I have learned that if I rise early I can achieve so much more in a day, and therefore in life.” – Richard Branson

The inauguration came and went, followed by massive marches and demonstration against the new President, but stocks continue to hold well.

If they can’t fall today, then when will they?

I don’t see any reason why we won’t see this bull market continue so buying dips is the strategy to follow, in the best stocks of course.

The best markets are when we see early weakness followed by strength into the close, and we are seeing that.

My apologies for not getting a precious metals letter, nor blog, nor Trade Ideas out on the weekend.

I felt it coming Friday and by Saturday the flu was strong.

Sunday wasn’t much better but after a weekend of rest and taking care, I’m just heavily stuffed up and back to near normal.

It amazes me every single time just how debilitating and achy it is.

No fun!

Nothing wrong with this SPY chart who’s holding the 21 day average and uptrend line while looking set for more upside with a reverse head and shoulders pattern pretty clear now.

You can see the rest of this letter by subscribing.

Have a great night.

Warren

Real-Time Trading

I’ve been posting most of my trades this past summer on Twitter, but that time has come to an end.

I’m starting up my Real-Time Service once again.

By joining, you receive real-time alerts via a private Twitter account, email, and/or text message via twitter.

You get every trade I make in real-time and then, take the trade, or not.

In todays world it’s easy to take 30 seconds to get the alert, decide to make a trade, and actually take the trade while inputting a set safety stop to keep you out of trouble if the trade does not work.

It’s truly great today that we can make money from anywhere, at anytime, in no time at all!

This round of real-time trading runs 5 months from December 1st until April 30th and is $100/month, $500 total.

If you can’t afford $100/month, you should not be trading.

You’ll also enjoy my views on markets, stocks, new setups and more at least 3 times a week in the full Trade Ideas.
You will learn how to properly trade the markets when stocks are acting great, and you will learn to have patience and stay out of trouble and keep all your money when stocks aren’t acting so great.

Over half the battle to winning at the trading game is having the patience to do nothing sometimes.

When stocks are acting great, everyone makes money, it’s so easy!

The problem is, so many people have no trading capital left after being chopped up in a market with no trend.

I identify trends and fast moving stocks of the day.

I’ll keep you whole in poor markets, and find the best fastest moving stocks in a good market.

If you are already a subscriber to my Trade Ideas and would like to get into the Real-Time trading group please shoot me an email at warren@wizzentrading.com and we can deal with getting you a better deal.

Otherwise, I hope to see you join my Real-Time group and both learn how to make money easily in the stock market, and, make money easily in the stock market.

Warren Bevan

Election Results Push Stocks Higher

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“Be present in all things and thankful for all things.” – Maya Angelou

Wild, wild action that hasn’t tempted me to do any trading yet but I imagine we will see some buy points trigger in the week to come.

Lots of stocks are looking better and soon to setup with several potential cup and handles on the way if all goes well.

We look to be on track for a strong finish to 2016 but the Nasdaq has to turn up soon to make this a reality.

november-14-2016SPY backed off resistance as it should have and now let’s see if it sets up for a break into new highs.

Have a great weekend.

Warren

You can see this letter in full with all buy points by subscribing.

Stocks Seem To Love Trump

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“And to all the little girls who are watching this, never doubt that you are valuable and powerful and deserving of every chance and opportunity in the world to pursue and achieve your own dreams.”  Hillary Clinton

Well, well.  Where to begin!

The above quote from the Clinton concession speech today is a good place to start, truer words were never spoken, unless she included little boys into that sentiment as well.

Well said Hillary, well said.

Markets absolutely tanked to limit lock down levels as Trump was emerging as the likely victor, then I nodded off, missing the chance to get into the futures market as they were showing strength.

Too bad, since it would have made this year extraordinary.

Now, it does appear that markets will continue higher but this wild action has me still in cash waiting for more reliable setups, who should begin to form over the next few days and perhaps even a few tomorrow.

I will be starting up my real-time service November 15th so no more trades on my public twitter account @iTraderz, but more details on that tomorrow.

november-10-2016Wild action from SPY that is not captured here since the overnight move lower was in the futures.

It was kind of the plan to miss the election move since it was going to be a coin flip but I should have bought some futures in the wee hours.

Let’s see if we can hold above 216 and setup to finally break the 218 area into new all-time highs.

This is positive, albeit wild, action.

Have a great night.

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Wait & See

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“Why do you go away? So that you can come back. So that you can see the place you came from with new eyes and extra colors. And the people there see you differently, too. Coming back to where you started is not the same as never leaving.”  Terry Pratchett, A Hat Full of Sky

Still nothing but weakness and chop for stocks as we await the outcome of this election.

We are very, very oversold but that doesn’t mean we can’t go lower, especially with such a big event coming in the next few days.

My mining positions tanked Wednesday so I am back to all cash and I can’t see anything compelling to do until the election results are digested.

I’d love to see a strong spike lower where we can pickup some of my favorite stocks on the cheap but time will tell on that front.

november-5-2016SPY had a weak close Friday and while being very oversold, it still looks set for a bit more weakness to test the 200 day average just under 207.

I’d love to pile into this very oversold market but I’m not yet seeing a signal to.

I hope you’re enjoying this weekend and are ready for some serious volatility come mid-week!

Warren

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