Power Trading Radio

With some major companies rolling out earnings and the Fed meeting just one day away, Joann Farley joins Merlin to look at these issues and a several listener questions on this episode of Power Trading Radio. Joann starts with a look at a great moment from today’s XLT program with Gabe Velazquez, then moves into a great discussion about trading vs. gambling. Later, the duo take a look at the charts of Visa and Facebook for potential buy and sell points.

Monday kicked off with a quiet trading session with little movement. Perhaps this is setting up for Wednesday’s Fed meeting which many feel will NOT include any tapering. Professional trader Scott McCormick joins Merlin to help make sense of this topic as well as analyze several stock charts per listener requests.  Stocks include: Peabody Energy, Goodyear, Apple and more.

Executive Director at Mises.org and Professor of Applied Social Sciences at the University of Missouri, Peter G. Klein joins Merlin Rothfeld and John O’Donnell for a look at how the current market situation looks and what might be some remedies to get this country back on track. The trio also look at the impact of Janet Yellen’s nomination for the markets as well as the debt ceiling issue. Peter also talks about what a government default may look like and what its effects will be. The latest gold coin winner is also announced.

Veteran trader, Paul Orme joins Merlin for a look at some the key steps everyone should be making to secure their financial future. This involves Using a variety of asset classes to time the markets, and use non-traditional investment techniques such as Options to increase your rate of return. This is very different than using the traditional Dividend and Bond plays for Income. Merlin also gives away Tillie Allison’s new DVD titled: How to Retire With More Money Than You Need to all callers during the live show!

The new King of trading instructors, Jose Blasco joins Merlin for a look at the potential top for the markets through an analysis of many charts. Jose discusses his General Session he hosted this morning for 200+ members of the Online Trading Academy XLT mentoring program. This session involved looking at 35 different markets for correlation and potential trading opportunities. Merlin and Jose take a look at a couple of these instruments and offer insights into where they see the markets heading.

DailyFX.com currency strategist Ilya Spivak joins Merlin for a look at global markets and the important economic data recently released. The duo take a close look at the unemployment data that was released today for clues as to what the fed may be looking to do going forward. After breaking down the $DXY and $USDOLLAR charts, the show wraps up with analysis if the Euro and potential upside targets.

Trader Gabe Velazquez joins Merlin for a look at the equity markets and their recent surge to the upside. Gabe addresses some statistical calculation that reveal a very overbought market and some other signs that the party may be ending soon. Later, Merlin and Gabe answer some listener questions, in particular one about JC Penny. Gabe also sheds some light on the myths behind market timing and informs listeners how they can time the markets with a higher degree of accuracy.

John O’Donnell and Merlin Rothfeld interview Elliott Wave Internationals Co-Editor Pete Kendall. Pete takes a look at several charts to help break down the current status of the market and warn of problems ahead. Topics discussed include the debt ceiling, value of the US Dollar, risk tolerance, emerging markets and much more!

Merlin Rothfeld and Zenobia Noor had a show dedicated entirely to the questions that have come in over the last month on Twitter. If you have questions that you would like answered by an active professional trader on November’s Twitter Show, send them in! The twitter names to send questions to are: @TraderMerlin or @TradingAcademy

Today’s show pays homage to those who work diligently behind the scenes to make prospective traders dreams true at Online Trading Academy. Joann Farley, has been trading for years and spends a tremendous amount of time supporting new traders and creating a great a great trading community in the XLT and Mastermind community. Joann and Merlin also look at a listeners question regarding a phenomenal call in the ProPicks.