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July 28, Dr. Reaves discusses domestic markets, international markets, insider trading, plus other topics.

Overtime session, Thursday

 
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July 25th-29th

 

OPB Profit
Mon 57% (Aug PUT
Within 6hrs)
S Profit
Mon 380% (Aug CALL
Within 24hrs)
Tue 493% (Aug CALL)
ROP Profit
Mon 154.72% (Aug PUT
Within 24hrs)
WAB Profit
Mon 135.12% (Aug PUT
Within 24hrs)
DHR Profit
Mon 30.50% (Aug PUT
Within 24hrs)
KMB Profit
Mon 29% (Aug PUT
Within 24hrs)
COL Profit
Mon 24.29% (Aug PUT
Within 24hrs)
EXP Profit
Mon 17.50% (Aug CALL
Within 24hrs)
JBLU Profit
Tue 122% (Aug CALL
Within 6hrs)
VZ Profit
Tue 101% (Aug PUT
Within 6hrs)
UA Profit
Tue 45% (Aug PUT
Within 6hrs)
CKEC Profit
Tue 41% (Aug CALL
Within 6hrs)
CE Profit
Tue 33.50% (Aug PUT
Within 6hrs)
MCD Profit
Tue 31.25% (Aug PUT
Within 6hrs)
CAT Profit
Tue 68.75% (Aug CALL
Within 24hrs)
LLY Profit
Tue 42% (Aug CALL
Within 24hrs)
ASH Profit
Wed 169.50% (Aug PUT
Within 6hrs)
WM Profit
Wed 153% (Aug PUT
Within 6hrs)
KO Profit
Wed 68% (Aug PUT
Within 6hrs)
JNPR Profit
Wed 51% (Aug PUT
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GD Profit
Wed 44.30% (Aug CALL
Within 6hrs)
NCR Profit
Wed 368.97% (Aug CALL
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AAPL Profit
Wed 229.25% (Aug CALL
Within 24hrs)
AKAM Profit
Wed 198.50% (Aug PUT
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X Profit
Wed 121% (Aug CALL
Within 24hrs)
TWTR Profit
Wed 103.07% (Aug PUT
Within 24hrs)
APC Profit
Wed 92.50% (Aug PUT
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PNRA Profit
Wed 76.50% (Aug CALL
Within 24hrs)
MMM Profit
Wed 56.25% (Aug CALL
Within 24hrs)
DPS Profit
Wed 45% (Aug PUT
Within 24hrs)
SIX Profit
Wed 42% (Aug PUT
Within 24hrs)
ETH Profit
Wed 31.31% (Aug PUT
Within 24hrs)
F Profit
Thu 338% (Aug PUT
Within 6hrs)
NTRI Profit
Thu 274% (Aug CALL
Within 6hrs)
PSA Profit
Thu 62.50% (Aug PUT
Within 6hrs)
WFM Profit
Thu 59.50% (Aug PUT
Within 6hrs)
ORLY Profit
Thu 21.78% (Aug CALL
Within 6hrs)
ALSN Profit
Thu 193% (Aug PUT
Within 24hrs)
GPRO Profit
Thu 78% (Aug CALL
Within 24hrs)
HOG Profit
Thu 68% (Aug PUT
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EFX Profit
Thu 62.35% (Aug PUT
Within 24hrs)
FB Profit
Thu 56.50% (Aug CALL
Within 24hrs)
IP Profit
Thu 54.50% (Aug PUT
Within 24hrs)
AMGN Profit
Thu 35.90% (Aug CALL
Within 24hrs)
BZH Profit
Thu 27% (Aug CALL
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CAKE Profit
Thu 25% (Aug CALL
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EXR Profit
Thu 25% (Aug PUT
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DLB Profit
Thu 24.25% (Aug PUT
Within 24hrs)
CRUS Profit
Thu 21.85% (Aug CALL
Within 24hrs)
GRPN Profit
Thu 20% (Aug CALL
Within 24hrs)
ADP Profit
Thu 16.80% (Aug PUT
Within 24hrs)
MA Profit
Thu 13% (Aug PUT
Within 24hrs)
O Profit
Thu 11.50% (Aug CALL
Within 24hrs)
LXK Profit
Fri 975% (Aug PUT
Within 24hrs)
HLS Profit
Fri 186.96% (Aug CALL
Within 24hrs)
CI Profit
Fri 116.33% (Aug PUT
Within 24hrs)
WYNN Profit
Fri 102% (Aug PUT
Within 24hrs)
SAVE Profit
Fri 79% (Aug CALL
Within 24hrs)
BIDU Profit
Fri 66.10% (Aug PUT
Within 24hrs)
FLS Profit
Fri 56.50% (Aug PUT
Within 24hrs)
UPS Profit
Fri 36.93% (Aug PUT
Within 24hrs)
PSX Profit
Fri 36.25% (Aug PUT
Within 24hrs)
GOOG Profit
Fri 28% (Aug CALL
Within 24hrs)
XRX Profit
Fri 18.27% (Aug CALL
Within 24hrs)
AN Profit
Fri 11.50% (Aug CALL
Within 24hrs)
 

Wiz Daily Journal

86th Tier I Monthly Webinar

Ask The Wiz Wealth InstituteWebinar Episode 86Friday July 29, 2016
Greetings ATWWI Friends and Family
We look forward to your participation today in the Friday,
July 29 (rescheduled)
ASK THE WIZ WEALTH INSTITUTE
“VIRTUAL” Beginner's Trader/Investor Class/Session from
8:00 pm CST - 9:30 pm EST.

*Session's coordinates will be available 15 minutes prior to class.

DON'T MISS TODAY'S, JULY 28th, 2016 ATWWI RADIO BROADCAST

DON’T MISS TODAY’S ASK THE WIZ RADIO BROADCAST!!!

Today’s (Thursday, July 28th, 2016), ASK THE WIZ radio broadcast from 2-4pm (EST) you don’t want to miss!!! Tune in on any internet enabled device or listen “LIVE” via the internet anywhere around the world at: www.askthewiz.info

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

During the 1st hour of ASK THE WIZ

* DOMESTIC STOCK MARKET ANALYSIS

* THE “WIZ” WILL REVEAL POSITIONS THAT ARE CURRENTLY (Thursday, July 28th, 2016) GENERATING 48%-350%+ PROFIT(s) FOR THE ASK THE WIZ WEALTH INSTITUTE INVESTMENT PORTFOLIO.

* THE “WIZ” WILL REVEAL NOTEWORTHY “INSIDER TRADING” WHICH OCCURRED TODAY (Thursday, July 28th, 2016).

* THE “WIZ” WILL LIST TODAY’S (Thursday, July 28th, 2016) TOP 10 TRENDING STOCKS.

* THE “WIZ” WILL REVEAL A TECHNOLOGY EVOLUTION THAT WILL GET YOU P.A.I.D.

* THE “WIZ” WILL IDENTIFY 3 (Three) STOCKS THAT WILL GET YOU P.A.I.D. DURING THE “BACK-TO- SCHOOL” SEASON.

DURING THE 2ND HOUR OF ASK THE WIZ

* INTERNATIONAL STOCK MARKET ANALYSIS

* THE “WIZ” WILL LIST MULTIPLE “MACRO” POSITIONS (ETFs) THAT WILL GET YOU P.A.I.D. DURING YOUR RETIREMENT YEARS.

* THE “WIZ” WILL REVEAL MULTIPLE STOCKS THAT WILL GET YOU P.A.I.D. IF HILLARY CLINTON BECOMES THE NEXT PRESIDENT OF THE UNITED STATES

We think you will agree, you need to tune in to today’s (Thursday, July 28th, 2016) radio broadcast!!! Like always “THE WIZ” continues to be adamant about providing the community with vital information people need to finance, obtain, 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) “LIVE” via the internet anywhere in the world at: www.askthewiz.info .

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

ATW RADIO BROADCAST DISCLAIMER

The information submitted, during the ASK THE WIZ radio broadcast, is to be utilized for educational purposes ONLY!

Consult your personal financial and/or investment advisor for trading and investing advice.

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

Customer Service Department,

ASK THE WIZ WEALTH INSTITUTE, INC.

July 29, 2016 86th Episode Tier I Webinar

Greetings ATWWI Friends and Family,

Thursday's Webinar will move to Friday at 8:00 PM. The
86th Episode of the Tier 1 Beginner's monthly 4th Thursday
Webinar series WILL NOT be tonight, it has been moved
to Friday, July 29, 2016 at 8:00 PM. See you there.

DON'T MISS TODAY'S, JULY 26th, 2016 ATWWI RADIO BROADCAST

DON’T MISS TODAY’S ASK THE WIZ RADIO BROADCAST!!!

Today’s (Tuesday, July 26th, 2016), ASK THE WIZ radio broadcast from 2-4pm (EST) you don’t want to miss!!! Tune in on any internet enabled device or listen “LIVE” via the internet anywhere around the world at: www.askthewiz.info

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

During the 1st hour of ASK THE WIZ

* DOMESTIC STOCK MARKET ANALYSIS

* THE “WIZ” WILL REVEAL NOTEWORTHY “INSIDER TRADING” WHICH OCCURRED TODAY (Tuesday, July 26th, 2016).

* THE “WIZ” WILL LIST TODAY’S (Tuesday, July 26th, 2016) TOP 10 TRENDING STOCKS.

* THE “WIZ” WILL IDENTIFY 8 (Eight) OF THE BEST PERFORMING DIVIDEND PAYING STOCKS, THAT ARE PAYING MORE THAN 3%, THAT WILL GET YOU P.A.I.D.

* THE “WIZ” WILL IDENTIFY 8 (Eight) DIVIDEND PAYING STOCKS THAT ARE INCREASING THEIR PAYOUTS.

DURING THE 2ND HOUR OF ASK THE WIZ

* INTERNATIONAL STOCK MARKET ANALYSIS

* THE “WIZ” WILL LIST AND PERFORM A COMPLETE ANALYSIS OF THE TOP 32 (Thirty-Two) DIVIDEND PAYING STOCKS CURRENTLY IN THE PORTFOLIO OF MR. WARREN BUFFETT ( aka: THE “ORACLE OF OMAHA) AND REVEAL HOW YOU CAN GET P.A.I.D. FROM ONE OF THE GREATEST INVESTORS OF ALL TIME.

We think you will agree, you need to tune in to today’s (Tuesday, July 26th, 2016) radio broadcast!!! Like always “THE WIZ” continues to be adamant about providing the community with vital information people need to finance, obtain, 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) “LIVE” via the internet anywhere in the world at: www.askthewiz.info .

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

ATW RADIO BROADCAST DISCLAIMER

The information submitted, during the ASK THE WIZ radio broadcast, is to be utilized for educational purposes ONLY!

Consult your personal financial and/or investment advisor for trading and investing advice.

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

Customer Service Department,

ASK THE WIZ WEALTH INSTITUTE, INC.

Many Financial Advisors Still Utilizing The Bernie Madoff “ILLUSION”

Many Financial Advisors Still Utilizing The Bernie Madoff “ILLUSION”

Bernie Madoff's 4,800 victims lost close to $65 billion. On top of the financial ruin, at least two people killed themselves as a result of the Ponzi scheme, including Madoff's own son.

Now here's the really horrible thing: You might think the book is closed on Bernie Madoff. But the story didn't end when they slammed the cell door shut on him at the Federal “BIG HOUSE” at FCC Butner.

Federal Prisoner No. 61727-054, and every single money manager unwittingly "infected" by him, are still costing unsuspecting investors millions of dollars.

Let me show you why that's the case, and what you can do to make sure you're not among the next set of victims…

Madoff's own peculiar sickness is still raging in the wilds of Wall Street today, even though the man himself will (quite rightly) die in prison, sentenced to remain locked up until the mid-22nd century – Nov. 24, 2139, to put a point on it.

You see, Bernard Madoff Investment Securities offered investors what they think they are supposed to seek in all of their investments: steady returns and minimal risk.

This is what fiduciaries, those with the legal obligation to put the financial interests of others ahead of their own, are taught to pursue with both hands.

Unfortunately, when the curtain was pulled back on that particular wizard, what was discovered was a virtual checklist of the worst investment practices imaginable – practices that "knowledgeable" investors such as Merkin and Fairfield Greenwich were paid obscene amounts of money to sniff out and avoid.

These practices included…

  • a total lack of transparency;
  • financial statements prepared by a hole?in?the?wall accounting firm; and
  • the so-called "split-strike conversion strategy," an investment strategy that could not possibly generate the returns Madoff boasted… in any markets on the planet Earth.

Yet fiduciaries such as Merkin and Fairfield Greenwich, as well as a laundry list of other respected investment institutions, such as Tremont Group Holdings owned by MassMutual, Banco Santander SA (SAN) of Spain, the Swiss fund?of-funds firm EIM SA (now Gottex Fund Management Holdings Ltd. (GFMN) and many other prominent investors, were lured by the promise of month after month of consistently positive (but not too positive, which was an essential part of the scam) returns.

The knowledge that such returns are virtually unattainable and that their purveyor refused to reveal how he produced them was apparently insufficient to dampen investors' hunger for them, suggesting just how rare and valuable such a return profile would be if it were truly achievable in the real world.

Madoff's scheme had a deeply pernicious effect on the investment management business long before it was revealed to be a complete fraud.

In addition to casting a cloud of suspicion on other money management firms, particularly small independent firms that are not part of large institutions, Madoff's scheme distorted investors' perceptions about the kind of returns they can reasonably expect.

This is critical. It is the fundamental aspect of the Madoff affair, and it has been insufficiently acknowledged.

What's worse, it's an essential part of the reason why capital continues to be so poorly managed by the professional investment class, nearly six years after Madoff went down to prison.

The essence of Madoff's scheme was the proffer of consistent returns with low risk. To some people, this may seem like a reasonable proposition, but experienced and knowledgeable market participants should know that only a few managers can deliver on such promises, and none whatsoever can promise to do so at all times and in all market conditions.

This should particularly have been the case with respect to Madoff's track record, which purported to show consecutive years of positive monthly returns with few if any negative months and no correlation to what was occurring in the financial markets.

We do not live in a "point?a?month" world; it is a world of fat tails and, in the term that Nassim Nicholas Taleb made famous a few years later, "black swans," like the recent Brexit vote.

NOTE: Due diligence techniques haven’t improved much since Madoff’s fraud was uncovered. The tawdry tale of Valeant Pharmaceuticals International Inc. (VRX), which, among many other things, failed to disclose its relationship with a mail-order pharmacy for which it paid $100 million for an option to buy, is filled with due diligence failures that should lead investors to question (and fire) the managers who owned the stock.

emailAddress= This e-mail address is being protected from spambots. You need JavaScript enabled to view it &;redirect=http://moneymorning.com/2016/07/22/how-bernie-madoff-is-still-calling-the-shots-on-wall-street/?crType=1cSMI">Click here to get his free service for yourself and play his latest recommendations…

Yet Madoff's return pattern captured the imagination of the professional investment class and led it down the road to ruin in the fast lane.

It also led to many imitators as institutional investors came to demand that other managers offer the same impossible model. This is one of the ways that the road to investment hell became littered with fiduciary intentions.

It is hardly a coincidence that the explosion of so?called "alternative investments" in the hedge fund industry coincided with the growth of investment strategies that offered consistent low?risk returns.

By the end of 2006, the cusp of the financial crisis, Hedge Fund Research Inc. estimated that the global hedge fund industry held $1.43 trillion in assets. These assets were spread among 11,000 different funds of which approximately one?third were funds?of?funds, according to the European Central Bank.

This was a huge jump from 1990, when hedge funds held less than $400 billion in assets, and even from 2005, when the $1 trillion mark was passed.

Since the financial crisis, hedge fund assets more than doubled again to $3.118 trillion as of June 2015, according to eVestment.com, despite the fact that their performance has been extremely disappointing on both a nominal and risk-adjusted basis.

This growth paralleled the growth of private-equity assets and related strategies that invest increasing amounts of capital in illiquid securities that can only be valued by their managers rather than by reference to any independently verifiable market standard.
The two concepts – alternative investments and consistent positive returns – were joined at the hip in a symbiotic relationship that turned into a dance of death during the financial crisis. With some exceptions, the hedge fund model became one in which managers offered investors the prospect of consistent, uncorrelated positive returns in exchange for exorbitant fees.

Investors have seen, though failed to learn, what an illusion this is since the financial crisis, and especially since 2014, when many of the largest funds began to falter.

What these funds did was adopt an investment model in which they offered the illusion of steady high returns with low risk.

Some funds did this using highly liquid securities and high degrees of leverage, such as credit arbitrage funds, and others invested in non?public debt and equity securities in the credit space, like the many highly leveraged credit?oriented hedge funds that blew up in 2008.

These funds collected a lot of illiquid investments and ended up retaining the least valuable ones through a process of adverse selection when forced to sell. Many of these funds either blocked redemptions (i.e., "gated" their funds) or offered to return assets "in?kind" to investors (which from an investor's standpoint is the equivalent of winning the booby prize).

Realistically, there is nothing else these funds could do with these investments; they certainly couldn't sell their illiquid assets to anybody at the bottom of the market.

In order to deliver steady streams of positive returns, however, hedge fund managers claimed they were following strategies that were "uncorrelated with the financial markets."

What does uncorrelated mean? We all know what it is supposed to mean – returns that are not correlated with the movements of other risk assets such as stocks.

But what uncorrelated really came to mean was something else entirely: Madoff?type returns, which were simply fraudulent, or private?market?type returns, which were based on nonpublic market valuations that could not be confirmed by liquidity events except on a sporadic basis.

The latter type of investments included private equity, direct lending to small and midsize companies, structured products, and similar investment strategies.

Some of the largest hedge funds in the world managed by firms such as Cerberus Capital Management LP, GoldenTree Asset Management LP, and Highland Capital Management LP engaged in these strategies and grew to enormous sizes before running aground in 2008.

Their losses called into question their reported returns in earlier years to the extent that those returns included unrealized gains that were later reversed by losses.

But in order to compete with Madoff, to manage the money of institutions that believed in the prospect of low volatility/high returns, firms that wanted to grow had little choice but to follow these strategies.

This approach worked out just fine as long as the markets were rising, or at least when they weren't experiencing extreme volatility.

As long as global liquidity was robust and markets were stable, these strategies looked successful on the surface. Funds could continue to borrow to bid up the prices of financial assets, and managers could continue to convince investors that their investments were worth more each year.

But when credit markets seized up, these strategies were swamped by three simultaneous tsunamis.

First, the value of their leveraged assets started to decline precipitously. Second, their lenders became nervous and demanded more collateral to support their positions (or, if no more collateral could be posted, forced funds to sell assets at fire-sale prices). And third, these firms could no longer convince investors to keep feeding them money and in many cases were faced with requests to return capital.

When the markets sold off, many investors wanted their money back. The problem was that these investments were completely illiquid and investor capital could only be returned in kind or not at all. Returning cash to investors was out of the question because capital had died.

This was how Madoff's Ponzi scheme came apart: It relied on a continual stream of new money to pay interest on investor capital and to handle the return of capital to investors who requested their money back. But when such requests grew increasingly large (reportedly to $5 billion or $6 billion by late 2008), there simply wasn't enough new money coming in for Madoff to honor them, and the scheme fell apart.

Many legitimate hedge funds (that unlike Madoff's actually engaged in real investing and trading strategies) suffered the same fate and were forced to suspend redemptions, return capital in kind, or close shop.

This was not only another example of a flawed financial strategy that confused long?term solvency with short?term liquidity by borrowing short to lend long, but also emblematic of the fact that institutional investors were seeking an impossible Holy Grail of consistently high, positive returns with low risk.

One has to wonder how differently things might have turned out had Madoff's fraud been discovered much earlier and the investment community come to an earlier understanding that markets don't serve free lunches.

What's so hard to understand about that? Well, for one thing, the confusion is perpetuated…

The real question that should be asked is how so many investors could be led to believe that such strategies were prudent, or even possible.

After all, for nearly 200 years, the "Prudent Man Rule" has been the basis on which most fiduciaries have based their conduct.

How could an entire generation of investors be duped into believing in concepts that are so blatantly false?

Like many of the other intellectually corrupting influences such as the efficient markets hypothesis, investors were given a mighty helping hand by the political and academic authorities.

In particular, the U.S. legal system adopted a doctrine of fiduciary duty that narrowed the focus of those charged with investing other peoples' money to the single goal of economic gain. Other societal interests such as the rights of labor, the environment, and the distinction between productive and speculative investment, were pushed aside.

Moreover, an entire industry of consultants and academics developed the intellectual scaffolding to dress up this mandate in pseudoscientific language.

Concepts like "Sharpe ratio" and "R?squared" and the infamous Greek chorus of "alpha" and "beta" were used to justify investment strategies that could theoretically deliver steady returns with low volatility and low correlation with the stock market.

These arcana dressed the consultants in the garb of a secret ministry holding the keys to the kingdom of gold. The only problem is that when one pulls back the curtain, one finds that that there is no wizard and that the magic formula is malarkey.

There is a perfectly good reason why many of the strategies recommended by the consultant community and other investment advisers don't correlate with financial markets: They involve illiquid securities that are not marked?to-market or even capable of being marked?to?market in any meaningful manner. Accordingly, the entire industry is operating under an illusion from which it would be extremely painful to break free.

It should be noted that there are absolute return strategies that are uncorrelated with the market that can generate consistent high returns without employing high leverage or investing in illiquid assets.

Investors who claim they never lose money are lying. Even the greats such as George Soros and Julian Robertson lose money. The key is that they know how to limit their losses and how to make them back.

PEACE & BLESSINGS

Kenneth Reaves, Ph.D.

ASK THE WIZ WEALTH INSTITUTE, INC.

The Ask The Wiz Wealth Institute is not an investment advisor. We strive to be educational and informative community servants.
 

Profits And Income Daily (P.A.I.D.™)

The Ask The Wiz Wealth Institute's proprietary P.A.I.D.™ indicator system alert allows ATWWI members to maximize profits "REAL TIME" !!!

The ATWWI P.A.I.D.™ indicator system alert notifies ATWWI members via text message, anytime / 24 hours a day / per market conditions, sent directly to their cell phones, indicating both domestic and international market conditions that are monetizable for hefty profits.

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