Power Trading Radio

Merlin Rothfeld & John O’Donnell wrap up the weeks market activity, and set the stage for next week’s trading. Brian Whitmer, Editor of The European Financial Forecast, joins the show to talk about his views on the international markets and his forecasts for global markets. Brian shares his history using Elliot Wave principles to forecast market moves and macro economic cycles. PowerPIck:DIS

In the face of the August 2nd deadline on the debt ceiling, the question came up about the US gold holdings and the possibility of using that to carry the US for a little while. How much do we really have? Who has the most Gold? Ryan Cook, makes is first appearance on the show, walking listeners through the trials and tribulations he encountered on his way to being a successful trader. He breaks down the importance of having a Mentor, and how it helped give him structure and discipline. PowerPick: TSO

As the debt ceiling deadline looms, will the president pull out a small loophole in the 14th amendment to help resolve the situation? The drama continues! Bob Dunn joins the program and talks about how he has been day trading the markets since the early 80’s, highlighting how that particular style of trading provides great benefit to all traders in the financial markets. Although a shorter term trader, Bob uses long term time frames to set his trade parameters. PowerPick: SLB

As the Euro saga continues, Mike McMahon joins the show to shed some light on how he sees things transpiring internationally and abroad. Downgrades, gold hording, slowdowns in global manufacturing are all moving international markets and currencies, so what does it mean to you? Merlin and Mike take a look at the fundamentals and then dive in to a discussion of multiple time frame analysis with visual examples for those watching on www.PowerTradingRadio.com

PowerPick: EURUSD

A normally quiet trading week BOOMS to the upside, presenting the largest 5-day percentage gain since early 2009. After a brief market overview, Merlin turns to a listener question which revolves around an issue that many traders have: What Asset Class To Trade? Merlin breaks down this question in to several components including: Trading style, personal interests, Work schedule and more. Understanding one asset is a great way to make money, however traders who understand the synergies between multiple asset classes have a distinct advantage.

Real Estate expert Diana Hill Joins the show to look at some of the recent fundamental data coming out of the housing market, including Existing, Pending, and New home sales. Are the trends changing? Diana shares her thoughts on market inventory and its impacts on prices and more importantly the Case Shiller HPI 20. After the market breakdown, Merlin and Diana tackle several listener questions pertaining to the housing markets.

PowerPick: FSLR

Good market news and global events propel the market’s upward for the 3rd consecutive day, putting a nice finishing rally on June’s trading. Dan Sugar joins the show to talk about his current class and how he uses the Globex highs and lows to establish market levels for each trading day. Wednesday’s trading hit these levels exactly, making of great trades for all his students! Rounding out the show, Dan talks about the recent dance between the 4 major indices, and how they are giving us clues as to where the market is heading in the short term.

With bad economic data and turmoil in the streets of Greece, the markets rallied sharply to the upside! Was it Fundamentally or Technically driven? Steve Misic joins the program to look at some of the fundamental news currently facing the global markets,  and how it is impacting his trading. Later, Steve and Merlin tackle several listener questions before moving onto the charts of several currency pairs for some technical analysis. PowerPick:USDJPY

Merlin starts off by looking at a recent PowerPick on SLB, and breaks it down from multiple perspectives. One Pattern offers 3 distinct trading opportunities for bullish or bearish investors. Craig Weil  joins the show and offers his quick opinions of news and how to trade it, then goes into his trading style and some of the lessons he has learned in the last 37 years of trading! PowerProspects:BR, PG, ARBA, KLAC

With countless people getting fleeced out of their money by a wide variety of market scams, what can the individual investor do to protect themselves? John O’Donnell joins the show to talk about some of the bigger scams he has seen over the years and the simple things that consumers need to pay attention to in order to protect themselves. John and Merlin look at a variety of macroeconomic issues currently facing our markets, including recent IEA statements Greece to gain a greater sense of how news influences our markets.

PowerPick: GD