Power Trading Radio

Merlin Rothfeld and John O’Donnell wrap up an eventful week with a look at the key numbers coming out of China which indicate a slowdown, and even better, the increasing possibility that China step up its actions to stimulate their markets to boost growth. Later, John fields a question about Municipal bonds and the risk they pose as a wave of bankruptcies flow through California and potentially other states.

Diana Hill joins Merlin to talk about some of the major changes in the housing market including the landmark National Mortgage Settlement and its many provisions which may help those suffering with underwater mortgages. After a look at the most recent housing data and a breakdown of trends, Diana and Merlin dive into a listener question regarding web page and newspaper articles. Should one really follow what the media is saying about “10 Best Housing Markets” or “15 Best Cities for Jobs”? Often, just like when trading stocks, once the news hits the street, its already too late! Diana talks about her online real estate class which provides much more reliable data sources to help you in your decision.

Craig Weil and Merlin Rothfeld continue on with the discussion started on Tuesdays show with Bill Henner regarding commodities. Craig points out some of the amazing moves that can yield tremendous returns for those with a good plan and discipline. In his experience, Craig feels that Momentum Breakout trades work very will in commodity markets, presenting fewer whipsaws and false breakouts often seen in equity markets. To round out the show, Craig offers his insight into where these markets are headed  going forward.

PowerPick: APOL

Bill Henner and Merlin Rothfeld focus on the ticking time bomb over in Europe, analyzing the Euro chart for key levels which might make for great targets and better shorting opportunities. This global fear is driving more people to go long the US Dollar, thus creating significant waves in global commodities. Bill and Merlin try to break down how this Dollar ascent will impact tangential markets, and where the trading opportunities lie.

Merlin welcomes Bruce Milbury to the program to talk about his frequent Power Trader Nation posts which include a chart quiz. The quizzes are designed to help traders think objectively and look at price from a variety of different perspectives, thus adding to their understanding about where price may go. Bruce talks about several of his Blog entries before turning to his upcoming blog regarding Triangle patterns and their many uses in trading. Later, the duo address a listener question regarding PFGBest and the potential disaster with the freezing of clients accounts. Bruce shares his stories as a former MF Global client and why he switched to his current broker, while Merlin presents his tactics for spreading money around.

PowerPick: LRCX

Merlin Rothfeld and John O’Donnell break down Johns consistent opinion that we should be shorting unsustainable rallies. For many months, he has been talking about XHB, yet listeners want to know more. The duo take a look at some of the levels on the index, then break it down further to the individual components of the index for additional trading opportunities. As the dollar keeps its upward trajectory, John and Merlin take a look at many securities which may be pummeled by a rising dollar. Oil, Gold, Silver, Copper and the Euro! Tune in to find out which trade looks best for you!

Back from a great class in London, Tillie Allison and Merlin Rothfeld discuss current market events and their impact on the financial markets, both long term and short. Tillie walks us through some trades that she made in her personal account while teaching over in London, in several different asset classes. After a great listener question about Options and their use in Proactive Investing, the duo focus on what the market may hold for them for the remainder of the year.

Merlin Rothfeld and Justin Krebs break down the subtle scanning and filtering differences between the equity and currency markets. Merlin outlines some of the TradeStation tools he looks at to scan the equity markets while Justin presents a much easier approach. With the holiday week upon us, the duo looks at how they trade the short, illiquid week. Later Justin and Merlin break down their thoughts on the Euro and Yen.

Merlin Rothfeld & Debbie Hague address a common listener quest regarding how they filter the vast universe of stocks to find trading opportunities. Merlin looks at TradeStation for assistance, using several simple scans built into the Radar Screen, while Debbie uses a variety of websites to find relative strength within sectors then picks the best candidate to trade. The duo take a look at PEP for a potential reversal at weekly supply levels, then move onto talk about some specific details about how many trades they make. Ultimately, they both feel this week will be a very light one due to the 4th of July holiday. So be careful out there traders!

The special guests on Power Trading Radio just keep on coming! Think or Swim founder, and CEO of Tastytrade.com Tom Sosnoff joins the show to talk about his trading experiences and the markets. The show starts with John and Tom talking about the hotbed of startup activity going on in Chicago right now, as investors and entrepreneurs seek to find the next Facebook. Later Tom sheds some light on what it was like for him as a floor trader, and the transition to screen based trading. To wrap things up, the trio looks at the importance of community and how it has helped them progress as traders. Tom ends things with a quick look at what he sees happening in the major markets including: Gold, Oil, S & P 500, and the Dollar.