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

After Ben Bernanke’s presentation today, the market reacted to his lack of definitive optimism by selling off the equity markets to close at near dead lows.  Merlin looks at the market action, and to no surprise, sees things heading down further. Trey Lazzara, President of TradePro Furtues, joins the program to talk about some of the key differences the spot and futures market for currencies. Trey shares with us some of the current trends he is witnessing with his clients as well as the markets as a whole. PowerPick: EXXI

Merlin Kicks off the trading week with a quick rundown of the major market headlines and reviews some listener question from last week regarding market strength and closing prices. Chris Manson joins the show to talk about how he uses Fibonacci as a decision support tool, helping him refine his entries, stops and targets. Later, Chris and Merlin look at where the markets may be headed and use a little Fibonacci to help validate upcoming levels. PowerPick: SPY

Merlin and Mike talked about the 7 pillars of trading after getting through today’s numbers. Despite the news, the market was only off 2% of the week and the fundamentals and technicals still look bullish long term but the short and intermediate needs great caution, the Dow has slid for 5 weeks but everybody is approaching or on support. Pick of the day was STT long for a swing trade. Details on the OTA Trader’s Dashboard.

Two great listener questions regarding ways to report companies who are performing illegal activities and  how credit rating scales work, dominate the opening segment. Diana Hill joins the show to help make sense of much of the recent housing data and the talk of another housing market decline. Do the numbers support it? Tune in to see what Ms. Hill thinks, as well as what are some of the new government proposals to help get the housing market on solid ground. PowerPick: NOV

As more economic data comes down the pipeline with bad results, the markets nosedive! Although the data is important, it wasn’t the only reason we saw the major indexes drop over 2%! Steve Bobbitt joins the show to walk us through how he looks at the overnight Globex trading sessions to get clues to where the markets may be headed when the open. Steve uses a variety of tools, including S&D levels, Fibonacci, range bars and gap data to build his strategy for the coming day. PowerPick: SPY

Power Trading Radio listener Amy, sent in a great question about why the markets rallied in the face of bad news and a double dip recession. Merlin breaks this question down and applies elements of multiple time frame analysis to the way that people relate to news and information. Steve Misic joins the program to share his thoughts on the subject, and reflect on how the recent news has moved the markets in the short term, as well as how it might move things going forward. Steve addresses a listeners question about his “Channel Breakout Strategy”, and tries to clarify its uses in today’s markets vs. trending markets. Merlin points out the importance of trading slower assets first, then moving up to faster vehicles and Steve points out what the slow, medium and fast currency pairs are. PowerPick: SGEN

Guest host John O'Donnell and his special guest Patrick Barron discus Keynesian economics and the inflation vs. deflation debate.

For the second day in a row, 20 Trading Academy Students join the first segment of Power Trading Radio, and get involved with questions regarding what traders need to do to succeed. Tillie Allison joins the show and breaks down the 4 main trading styles, then shifts things to address 2 different subsets of long term investing. Traditionally investors just use boilerplate asset allocation tables to determine their investments. However, there are several different ways we can manage our investments, and Tillie shares the basics with us. PowerPick: FDO

With a Live studio audience, Merlin starts off the show by looking at a lot of the recent economic data and how it supports the recent sell off. Dan Sugar joins the program and starts discussing Market Timing and Sector Rotation, two concepts that are very crucial at getting the best possible entry. A 3rd generation trader, Dan discusses the importance of having a mentor, as well as his involvement in the XLT program where he gets to help other traders achieve their dreams. With the recent break of significant moving averages, Dan and Merlin share their prognosis for the markets going forward. PowerPick: SPY

International trading globetrotter Brandon Wendell joins Merlin on Power Trading Radio to share his experiences traveling the world for the last 5 months. Brandon looks at some of the fundamental differences in the way that we trade here in the states, vs. the way trading occurs in India. Very different! Next, our dynamic duo takes a look at trading indicators: How they have been of assistance through the years, and what they are using now to trade all markets. Brandon takes a look at how we can use currency pairs, especially cross pairs to trade commodities like gold and oil with greater accuracy. PowerPick: AUDUSD

Merlin starts off the show by looking at a lot of the recent Economic numbers from the US and European economy, and assessing their impact on the markets going forward. Chuck Fulkerson joins the program to talk a bit about the often used market mantra “Sell in May, and go away.” Chuck emphasizes the importance of proactively investing and using other instruments, as well as shorting, when the market is in a downtrend. Rather than getting out, and not making money on the decline in prices, wouldn’t it be more prudent to ride prices down and make money!? With the current trend of the Dollar and commodities, there is ample opportunity for traders in all asset classes! PowerPick: CAT

Keeping his word, Merlin starts the show off by going over the PowerPick from Thursday, and points out the obvious flaw with this trade. He also breaks it down from a Fibonacci perspective, giving listeners the opportunity to get their free Fibonacci CD by calling (88-304-8723). John O’Donnell joins the program to share some insights into his trading style and how it pertains to the metals market. Listener questions range from the current situation at Goldman Sachs, to market index correlation. PowerPick: PCLN

Merlin kicks things off with a quick rundown of the markets before shifting attention to the current IPO market, and the hype behind the LinkedIn (LNKD) release this morning. Bob Heitner joins the show and helps listeners understand some of the risks of Annuities, and other investment vehicles. Bob outlines how the XLT (Extended Learning Track) is designed to give Very simple rules for investors to follow, so that they can manage their own financial future, instead of trusting an advisor! PowerPick: PAA

After going over several stocks that listeners sent in to have analyzed, Merlin shifts the show to trading style and discovery. 36year trading veteran Craig Weil joins the show and walks listeners through the steps that it took him to discover his trading style! Craig uses intraday scalping to pull money from the markets, and does so using a very limited number of securities. Craig tells us what they are, and more importantly, WHY he trades only those. PowerPicks: LAZ, HBHC, SEE

With so much information pouring into our heads from all corners of the earth, does it really impact our trades? Justin Krebs joins the program and shares his thoughts on how he uses the landslide of economic information to gauge where the currency markets are going. Going one step further, Justin talks about his most recent XLT (Extended Learning Track) session and how he prepares students for a trading day. PowerPick: WLP

The trading week kicked off with a nice technology slide and a variety of international reports which soured the tone of traders. Merlin breaks down some of the big headlines and sheds some light on their impact going forward. Dan Sugar joins the show and shares some of the rules he has in his trading plan, and offers suggestions to traders on how they should shape their trading plans. Dan breaks down the current market movements , and gives his opinions on where things are headed from here. PowerPick: CTL

From the listener mail bag, Merlin digs out a good question on Fundamental analysis “How does Fundamental Data impact our trades?” John O’Donnell Joins Merlin on the show as they tackle this tricky question with tons of visual images to help support their explanations. The duo break down How CPI is comprised, and what are the influences on it, as well as explaining the trends of CPI and its individual components. PowerPick: RVBD

Another Big Time hedge fund manager goes down today casting fear amongst the big brokers and joy to Merlin! Paul Orme joins the show to share his thoughts on the debate over dividend payments or capital appreciation. Later, Paul and Merlin look at asset diversification and how it leads to individual investors achieving their desired rate of return so they can retire in style. PowerPick: RKT

Back at the helm, Merlin Rothfeld kicks off Futures Wednesday by looking back at the last 2 days of All-Star events he hosted and breaks down current market movements. Steve Bobbitt joins the program and introduces 3 topics which sound like something out of a Teenage Slasher Flick! Globex Futures, Elliot Wave and Dead Cat Bounce are 3 key elements that led to a great trading day for Steve today, and he walks us through all 3 components and the puts them together as he walks us through his trade. Later he lays out his thoughts on where the market is headed in the short term. PowerPick: SPY

Guest Host John O’Donnell talks about Online Trading Academy’s unique approach using supply and demand zones to dictate your entry and exit in the markets. Special guest Rick Wright joined the shows and discussed the USD/EURO, POUND/FRANC and other opportunities in foreign currency markets, as well as how our economy is being impacted by massive federal debt of over 14 trillion dollars and more. Get well soon Mike!