Power Trading Radio

Jobs data has the market buzzing, but nobody can tell whether that is a good or bad thing! John O’Donnell joins Merlin Rothfeld to talk about the jobs report, real employment numbers and the impact on the Fed decision in December. The dynamic duo also look at household income data and commodity prices. Definitely some trading opportunities there!

Merlin and Tillie take a look at how to invest capital now, with the intent of the continued bullish market trend. Tillie also talks about some of the strategies they implement in the ProActive Investor class at Online Trading Academy. Merlin also offers some helpful advice for traders who hit the dreaded “Downward Spiral”.

With several listeners asking about daytrading options, veteran options trader Steve Moses joins Merlin to help break this trading technique down. Steve and Merlin point out some of the major challenges to consider when trading options for the short term. They also look at another listener question pertaining to stocks at all time highs, and techniques for using covered calls.

The director of Student Support at Online Trading Academy joins Merlin in studio to talk about his perspective on this rallying market. Larry also answers some listener questions about finding trading opportunities, patience, the Euro and much more!

Winner of this year’s coveted Online Trading Academy Instructor of the Year award, Kelly Boycks joins Merlin in studio to talk about his evolution as a trader. From Airline pilot, to stock broker, to the top instructor at Online Trading Academy, Mr. Boycks has personified discipline and structure. Merlin and Kelly talk about how rule based systems have helped him excel at his professions, and helped his students grasp market complexities.

John O'Donnell's guest on this edition of Power Trading Radio is Dr. Pierre Desrochers of the University of Toronto Mississauga.  Pierre and John discuss the centuries old concept of the population bomb, as well as the gloom and doom economic scarcity myths of Malthus & Paul Erlich that was a hoax.  They also discuss the deception by both scholars to promote a permanent bullish bias of natural resources, as presented in Julian Simon's book "The Ultimate Resource", used to dispel the myths with factual data and logic.  Commodity prices will continue to decline per hour of labor across the world by end users as measured by the CRB Index, as mankind's ability to reason, collaborate, and innovate via the division of labor. Conclusion: we need more people, not less.

Merlin welcomes Chief Operating Officer of Online Trading Academy Gene Longobardi. The duo discuss the progression of trader and ivesting education over the past 18 years, highlighting the steps Online Trading Academy has taken to create the best possible learning experience for students. This includes content, community and support systems to help students achieve their financial and personal goals.

For the past few days, Online Trading Academy has been hosting its annual international conference in Irvine California. This year, one of the highlights has been the amazing new Real Estate products and services! Master instructor, Diana Hill joins Merlin to talk about these new tools and why they have historically been available only to large financial firms! Diana also talks about different ways to become involved in real estate which call for very little capital investment.

Wage income inequality in the US is a major issue facing Americans. John O’Donnell and Merlin Rothfeld take a look at some shocking statistics which reinforce the issue before offering solutions. Ultimately, wealth is about awareness, education and action!

Many listeners sent in comments about their struggle with trend or countertrend trading. Michael Young and Merlin Rothfeld offer their takes on how they trade both market conditions, and what others should be on the lookout for! Michael also offers some insights into the Pound as well as the S&P 500 futures.