Power Trading Radio

Former broker and lifelong economics geek, Michael “Woody” O’Brian talks about how our financial house of cards is teetering on the verge of collapse, and what everyone should do to prepare for it. This show goes far beyond the financial markets and looks at what live would be like when the fiat money system grinds to a halt. Are you prepared?

Cory lane helps break down some options basics from disenchanted traders who took Wade Cook courses many years ago! He stresses the need for several strategies to accommodate all market phases: bullish, bearish, and neutral. Later, Merlin and Corey take a look at Tesla Motors for a listener. What’s the best strategy going forward with this stock? Tune in and find out!

Merlin takes a look at many listener questions pertaining to currencies around the world including: the Aussie, Yen, Pound and Euro. Merlin takes a look at the fundamental situations before diving into the charts for a clearer look at supply & demand levels as well as directional trades.

In response to a listener question regarding frustrating trading during these choppy times, Merlin invites 35+ year trading veteran Craig Weil to the show to talk about what traders should do in tough market conditions. Craig focuses on several key components including: Risk Management, Adhesion to a trading plan, and money management. With several examples, Craig explains he endured markets like the one we are in with good results. Later the duo take a look at several charts including: Home Depot, Wal-Mart and APOL.

John O’Donnell and Merlin talk to the President of the Mises Institute to see what his thought are on the current market situation and if there are any parallels that can be drawn from his book “Early Speculative Bubbles & Increases in the Money Supply”. Later, Merlin announces the latest winner of PowerTradingRadio’s free gold coin giveaway.

Tillie Allison joins Merlin from Houston, where she is currently looking for investment properties. Tillie discusses how real estate should be a part of one’s portfolio and the impact it can have not just from the asset appreciation perspective, but income generation as well. Later the duo talk about asset allocation and how one should play the market at these current lofty levels.

Former CME floor trader Bill Henner joins Merlin for a look at interest rate futures including the ever popular 10-year, and the less popular 5-year. Bill talks about some of the pros and cons of these instruments and breaks down some of the macro picture for the 5-year. Bill and Merlin also talk about the importance of  trading plan and how traders should build one.

Trading veteran and contributor to Power Trader Nation Steve Misic joins Merlin for a look at how Gold is impacting currencies such as the Aussie and Loonie, and what the overall prognosis is for those currencies going forward. Focus shifts to the continued run for the Yen. One listener voices frustration over continually getting stopped out of his USDJPY short positions, to which the host and his guest question his intentions and Market Timing abilities, pointing the finger squarely on the uptrend as the safer direction.

John and Merlin continue a discussion started on Thursday about Socionomics and how it may impact financial markets. The duo also discuss the aging demographics in Japan and what it might mean for their economy and global markets. Lastly, Gold takes center stage with a new gold coin winner and an update on the gold coin shortage!

Socionomics expert Euan Wilson joins Merlin for an in-depth look at what the primary differences are between Socionomics and SocioEconomics. Topics range from how TV viewing patterns are clues as to how positive or negative the current social mood is, to the war on drugs and market cycles. Viewers will get a greater understanding of how to use people’s attitudes and consumption patterns as leading indicators for the financial markets.