Power Trading Radio - A Trader's Perspective On Investing In Stocks, Futures, Forex, Options Podcast

Guest host John ODonnell discusses take on gold in today's markets.  Joining him is special guest Ralph Benko.  Mr. Benko is the senior economic adviser to the American Principles Project and editor of The Lehrman Institute's the Gold Standard Now.

Mike went over market data and outlook for Friday.  Diana explained how Real Estate can easily be a major asset class to trade on the longer term.  She says the bottom is near and now is the time to learn how to evaluate any and all kinds of properties.  

Mike talked about the end of the month and the upcoming  quadruple witching day on Sept 17. Mike and Don discussed the differences and importance of seeing the Globex night Highs and Lows for strong reference number the following day.  Using a Percent  chart, they discussed the “leader/laggard”  effect. 

A lot of Mail box stuff caught up and then Mike and Justin took a hard look at the USD Index and some possible plays in the Swiss Franc after the SB’s Intervention. 

The big spike was probably caused by a huge So. American  repatriation of gold. Steve talked about how powerful Fibonacci confluences/overlays  accurately point out areas of Demand and supply.  Power pick was a short sale on Klac in the next 2 days.

The CME raised its margin requirement for gold futures, causing a nice drop in the commodities value. Is there more selling to come? John O’Donnell shares his thoughts on his favorite metal.  Given the recent Gold Craze, FINRA has issued an alert to investors to help them wade the sea of deceptive gold speculators, Merlin talks about some of FINRA’s main points and reposts the Alert on his blog at www.Powertradingradio.com. Later the due tackle topics such as Warren Buffett’s stake in Bank of America, as well as Naoto Kan’s resignation as Prime Minister in Japan. PowerPick: USDJPY

With a live studio audience of Online Trading Academy graduates, Merlin tackles some questions about commodities, specifically Gold. With all the recent talk of gold, have we hit a bottom? Next, Power Trading Radio welcomes Dr. Woody Johnson to the show to help listeners with some of their trading issues from a psychological perspective. Merlin stresses the fact that trading is mostly a psychological game, yet many traders feel that they need some “Indicator” or special tool to be a consistent trader. The truth is that you need to get in control of your Brain! Dr. Woody is here to help! PowerPick: NIHD

Another Summer roller coaster gave Mike some ammunition to discuss Oil, Gold and the volatility in the market. Looks like Merlin won a dinner on Gold. Our guest was Tille Allision who wanted to show how “looking back” in multiple time frames can help you “see” the Demand and Supply Zones. 

Show focused on the trading styles and number for special guest Eric Waddell while Mike mused about both the price of gold and Oil. Audience wanted to know if GS can fall to $88 and if Bank of America was too big to fail. Interesting points were shared. 

On a somewhat quite Monday afternoon, Merlin welcomes Sean Kim into the Studio to talk about his years as an institutional trader. Sean talks about how he progressed from a Broker to a Big Time Market Maker, over the course of the last 20 years. In the sharing of his experiences, listeners will get a glimpse of how Market Makers can trounce the average investor from many different angles. While most see low commissions, Market Makers see suckers. While retail traders are buying, Market Makers are shorting to you! Knowing what they do, and how they act can be a huge advantage to anyone involved in the financial markets. PowerPick: ADSK

John O’Donnell, the ambassador of opportunity, joins the weekend edition of Power Trading Radio to share his thoughts on the current status of the markets and some of the major issues at hand. Still bullish on Gold, John and Merlin go back and forth on the direction of gold ultimately wagering a seafood dinner on a 3 month target for gold! Other show topics include: Spain austerity moves, Buy and Hold methodology, B of A layoffs and the SEC ineptness. PowerPick: SPY

In a colossal blunder, the SEC is under investigation for destroying documentation for more than 9000 investigations of big banks and brokerages. You have to love the “Fair and Efficient” marketplace! Fresh off the heels of a 6 month stay in India, Derek Zelek joins the show to share some of the big differences and similarities between the US & Indian Markets. Derek emphasizes how the strategies that Online Trading Academy teaches are universal and can be applied to any market around the world, provided that market meets certain criteria. Finally, Darek casts a gloomy outlook for the markets with his Technically based assessment of the S&P 500.

With a Live studio audience, Merlin tackles a listeners question about technical analysis and his personal charting methodology. Michael Young joins the program to share his though on the proposed trader tax and short sale ban. Later, the duo talks about Options and the current implied volatility levels, as well as addressing a listener question about COST. Finally, Michael talks about his use of VIX, and its benefit for traders. PowerPick: PEG

Sam Seiden joins Power Trading Radio to talk about some of the common scams and tactics involved in the spot forex markets. Case in point is the recent $2 million dollar fine against one of the largest retail forex trading outfits in the US, for fraudulent trading practices. Sam points out some other ways to trade forex which will get traders away from the games spot firms play. Later, Sam and Merlin look at the Swiss Franc and Euro for potential trading opportunities. Power Pick: MAT

After 4 days on the road speaking at the San Francisco Money Show, Merlin returns to the studio to host Power Trading Radio. Monday’s trading saw many bullish opportunities, and investors rushed in to capitalize on them. Merlin see’s these rallies as opportunities to get short the market for those who may have missed the original move to the downside. This show is packed full of listener questions including: Top Down vs. Bottom up Analysis, Impulse Moves, M&A Activity and more. PowerPick: RES

Merlin broadcasts live from the San Francisco Money Show and brings you captivating interviews with some of todays leading financial figures.  Join Merlin at this exciting event.

The “rubber band” we talked about on yesterday’s show, clearly snapped back to the upside today, reflecting optimism to the FED’s comments and short covering. Is it a sign of a market bottom, or a sympathy rally before the next drop. Chuck Fulkerson joins PTR to talk about how he uses currencies as a hedge in a slightly different manner. Instead of trading just equities in his Retirement accounts, Chuck uses currency ETF’s to offset the risk of just holding dollar based assets, as well as capitalizing on the strength of the powerful trends. By measuring the relative strength between the currencies, he can enter trades which offer a substantially better risk/reward ratio. PowerPick: SPY

Markets suffer their worst loss in years as traders around the world grimace in fear, unloading equities and running to financial save havens. Gabe Velazquez joins the show and tells us about his class today, outlining the importance of having a solid strategy and rules that we follow on each trade. These rules kept his students unemotional in today’s crazy markets and that calm actually presented some good trading opportunities. Gabe and Merlin address a listeners question regarding Bollinger Bands and Fibonacci tools to help increase odds on each trade.

Mike Mc Mahon and John O'Donnell co-hosted this week's wrap up. The local markets have been on a roller coaster ride but Mike and John discussed the underlying volatility through examples of gold and foreign currencies.

Huge downside moves in the market today further propelled by market fear and angst. Fridays trading will be a big moment for the market, as traders around the globe look to Unemployment to help stop the market slide. Tillie Allison joins the show to weigh in on how to properly allocate money in poor market conditions. She stresses the importance of hedging your portfolio, and the periodic re-evaluation of your holdings holdings.