Market Wizards Signals
Overview
Market Wizards Signals is a strategy-based alert service covering options and equities, trading on the "Market Wizards" brand association (Jack Schwager's famous interview books). The service provides cross-asset trade alerts based on various strategies, with CNBC appearances by the lead analysts serving as a form of public accountability. At $68/month, it's mid-range pricing for options and equity alerts.
How It Works
Alerts cover options strategies (primarily on large-cap equities) and equity swing trades. Each alert includes the specific trade, entry, stop, and targets. The strategy selection varies — some alerts are momentum-based, some are options income plays, and some are event-driven (earnings, catalysts).
The CNBC appearances of the lead analysts provide a form of public visibility — market calls made on television can be retroactively evaluated. This creates a degree of accountability, though television appearances tend to highlight winners and overlook losses.
The service format is straightforward — alerts delivered via email and platform notification with structured formats.
Performance Analysis
CNBC appearances serve as the primary credibility mechanism. This is an unusual form of verification — it's not quantitative performance tracking, but it does create public accountability for market calls. The actual signal service performance is published but self-managed, without independent auditing.
The "Market Wizards" branding creates an association with Jack Schwager's books about legendary traders. This brand association provides marketing value but doesn't verify the signal service's specific performance.
Subscriber feedback is average — decent options and equity ideas without standout performance in any metric.
Strengths
- Dual options and equity coverage from a single subscription provides trade variety
- CNBC appearances create some public accountability for lead analysts' market calls
- Structured alert format with entry, stop, and targets on every trade
- Reasonable pricing at $68/month for combined options and equity alerts
- Market Wizards branding associates the service with legendary trading tradition
- Multiple strategy types (momentum, income, event-driven) provide diverse trade ideas
Weaknesses
- Market Wizards brand association is marketing — the service has no direct connection to Schwager's original interviewees
- CNBC appearances highlight winners and overlook losses — not equivalent to quantitative verification
- Published performance is self-managed without independent auditing
- Inconsistent alert quality — no clear pattern of outperformance over simpler alternatives
- Options and equities only — no forex, futures, or crypto coverage
- Brand implies premium quality that the actual signal performance doesn't clearly justify
Pricing & Value
At $68/month, Market Wizards Signals is mid-range for combined options and equity coverage. The Trading Analyst (#9) provides options alerts for $28/month. Shadow Trader (#34) provides volatility-focused options alerts for $150/month. Market Wizards Signals sits between them with broader but shallower coverage.
The value depends on alert quality, which subscriber feedback describes as inconsistent — some good trades, some mediocre, with no clear pattern of outperformance.
How It Compares
Against The Trading Analyst (#9), Market Wizards costs more ($68 vs $28) for a broader but not clearly better alert selection. TTA provides cleaner options-specific formatting; Market Wizards provides more variety.
Against Shadow Trader (#34), Market Wizards is cheaper ($68 vs $150) but less analytically sophisticated. Shadow Trader's volatility analysis provides genuine depth; Market Wizards provides more conventional alerts.
The honest positioning: Market Wizards Signals is a mid-range options/equity alert service trading on brand association more than demonstrated performance.
Who Is This For?
Options and equity traders who want diverse trade ideas at a mid-range price point and value the brand association. Best for those who want variety across multiple strategy types.
Not ideal for traders seeking independently verified performance, options specialists wanting deep volatility analysis, budget-conscious traders, or those requiring multi-asset coverage beyond equities and options.
Our Verdict
Market Wizards Signals earns #47 as a mid-range options/equity alert service that trades primarily on brand association and media visibility. The trade variety and CNBC accountability provide some value.
The ranking reflects the gap between branding and performance. The Market Wizards name sets high expectations that the signal quality doesn't consistently meet. At $68/month, there are cheaper options-specific services (The Trading Analyst at $28) and more analytically sophisticated ones (Shadow Trader at $150).
For traders who value the brand and want diverse trade ideas at a mid-range price, it delivers. For verified performance or analytical depth, better options exist at both lower and higher price points.