Another Ace! Of the Ace of Wands, Joan Bunning says:

In readings, it shows that a seed of bold enthusiasm has been planted in your life although you may not yet recognize it. When the seed sprouts, it could take almost any form. It might be a creative idea, surge of optimism or need to act boldly. On the outside, it could be an offer, gift, opportunity, encounter or synchronistic event.

I can't remember now where I read it, but I read somewhere that the Ace of Wands is (rather obviously, I guess) a phallic symbol, and symbolizes, among other things, confidence and sexual power. Also, creativity, enthusiasm, daring; all in all, a very positive and exciting card.