Power Trading Radio

Steve Moses joins Merlin to talk about how his bullish spread trade was automatically closed this morning while he was teaching in San Diego, just before the market nose dived! He discusses what factors he was looking at 2 months ago which made him bullish and shares his outlook going forward. Every trader must determine which style of trading (regardless of asset class) works best for them! Steve looks at some of the earlier types of trading he has tried without much success, and why he gravitated toward spread trading.

Forbes.com contributor Ralph Benko joins Merlin and John O’Donnell for a look at real money and the new legislation working its way through congress. The Sound Dollar Act (HR1176) will add stability to our currency, and acts as a step toward a gold standard, which has been getting much attention lately. John also walks listeners through several charts which outline the importance of having a fixed reference point like gold to help price assets and see strength or weakness.

Darek and his class of ProActive Investing students join Merlin on set to talk about a wide variety of trading and investing topics. Subjects range from Portfolio analysis and Sector Rotation to strategies for active traders. Darek also shares several trade ideas with listeners based off of his analysis methodology. The current aggressive moves in Gold and Silver also provide for great conversation pieces.

Rare Coin Wholesalers Director of Economic Research, Paul Buzby, joins Merlin for a look at the hot topics currently impacting the market. The biggest agenda item is the Fed and their upcoming actions (or lack of action). Next week the Meeting minutes are being released, which could send the markets into a frenzy in either direction. Later, the duo break down the recent decline in Gold, and Paul offers an outlook that will leave many shocked!

Merlin Rothfeld opens up the Psychology couch to listeners in an attempt to shed some light on common mental problems that traders face. First is a great question about what to do when one is out of synch with the markets and getting stopped out regularly. Merlin also talks about his “Downward Spiral” he experienced as a new trader, and what he did to stop the decline! Later in the show, analysis is performed on the US Dollar vs. Commodity prices and Metals ETF’s.

“Ten Tick” Tillie Allison joins Merlin to talk about her new Investment CD titled “How To Retire With More Money Than You Need”, stressing the importance of planning and money management. Later, the duo talk about a variety of future topics including how to identify supply levels when there are NONE to be found?!? Tillie applies this to the S&P 500, before moving on to some analysis of the Aussie Dollar. The show wraps up with a look at Tillie’s favorite topic: Risk Management!

Merlin takes a look at several currencies and the global financial marketplace for trading opportunity. Starting off with the Yen, focus targets the Japanese government and BOJ for continued attempts to crush the Yen further. This activity has vaulted the Nikkei to lofty highs creating trading opportunities across the board, both long and short. Later, Merlin dives into the Pound and Aussie dollar charts for further analysis of key supply and demand levels.

Shamus kicks off the week with an in-depth look at his trading process. He is predominantly an options trader, but stresses he could NOT trade options successfully if he did not know how the underlier trades. Merlin and Shamus walk through the process from stock selection to option evaluation and execution in an attempt to help viewers understand the discipline of a true trader. The duo takes a look at the current short position they both have on Best Buy, before Shamus takes a look at a couple other potential trade setups he is currently watching.

Clem Chambers, CEO of ADVFN.com and author of several financial books joins Merlin and John to talk about Real Money, the current status of the US markets and Global currencies. Clem voices his thoughts on the Japanese Yen, and the meteoric rise of the Nikkei Index. While he recently sold his Nikkei Position, he is looking forward to buying back in when the market drops to more realistic levels. Clem also shares his thoughts on inflation vs deflation , and its impact on the global markets.

After answering several listener questions about the current market situation, Merlin addresses a very important question regarding how one identifies how much they need for retirement. Merlin Breaks it down to 4 key elements, looking at each element for solutions that are tailored to each person’s specific financial situation. While basic, these 4 components are essential at helping everyone retire with a comfortable nest egg, ideally one that will never run out of money.