Power Trading Radio

With a Live studio audience of Online Trading Academy students, Merlin runs down the day’s trading activity then focuses on listeners questions. Tillie Allison joins the show to talk about how many investors were spoiled with the recent run of the S&P, and how they should be proactively managing their accounts to protect against further downside moves. Merlin talks about Tillie’s cover story on Traders magazine, and how market timing helps improve investing results. PowerPick: NVDA

More bad economic data, and hawkish comments from the Fed District Presidents regarding their districts pressured the markets lower, while OPEC did nothing and oil shot up! Is there a bottom in sight? Or will we keep slowly dropping? Michael Young joins the program to talk about some of the technological innovations and how High Frequency has changed the landscape of the trading markets. Later, the duo look at a few listener questions, then dive into current market analysis, addressing key levels that all listeners should be aware of for upcoming trading sessions. PowerPick: ZUMZ

After Ben Bernanke’s presentation today, the market reacted to his lack of definitive optimism by selling off the equity markets to close at near dead lows.  Merlin looks at the market action, and to no surprise, sees things heading down further. Trey Lazzara, President of TradePro Furtues, joins the program to talk about some of the key differences the spot and futures market for currencies. Trey shares with us some of the current trends he is witnessing with his clients as well as the markets as a whole. PowerPick: EXXI

Merlin Kicks off the trading week with a quick rundown of the major market headlines and reviews some listener question from last week regarding market strength and closing prices. Chris Manson joins the show to talk about how he uses Fibonacci as a decision support tool, helping him refine his entries, stops and targets. Later, Chris and Merlin look at where the markets may be headed and use a little Fibonacci to help validate upcoming levels. PowerPick: SPY

Two great listener questions regarding ways to report companies who are performing illegal activities and  how credit rating scales work, dominate the opening segment. Diana Hill joins the show to help make sense of much of the recent housing data and the talk of another housing market decline. Do the numbers support it? Tune in to see what Ms. Hill thinks, as well as what are some of the new government proposals to help get the housing market on solid ground. PowerPick: NOV

As more economic data comes down the pipeline with bad results, the markets nosedive! Although the data is important, it wasn’t the only reason we saw the major indexes drop over 2%! Steve Bobbitt joins the show to walk us through how he looks at the overnight Globex trading sessions to get clues to where the markets may be headed when the open. Steve uses a variety of tools, including S&D levels, Fibonacci, range bars and gap data to build his strategy for the coming day. PowerPick: SPY

Power Trading Radio listener Amy, sent in a great question about why the markets rallied in the face of bad news and a double dip recession. Merlin breaks this question down and applies elements of multiple time frame analysis to the way that people relate to news and information. Steve Misic joins the program to share his thoughts on the subject, and reflect on how the recent news has moved the markets in the short term, as well as how it might move things going forward. Steve addresses a listeners question about his “Channel Breakout Strategy”, and tries to clarify its uses in today’s markets vs. trending markets. Merlin points out the importance of trading slower assets first, then moving up to faster vehicles and Steve points out what the slow, medium and fast currency pairs are. PowerPick: SGEN

Guest host John O'Donnell and his special guest Patrick Barron discus Keynesian economics and the inflation vs. deflation debate.

For the second day in a row, 20 Trading Academy Students join the first segment of Power Trading Radio, and get involved with questions regarding what traders need to do to succeed. Tillie Allison joins the show and breaks down the 4 main trading styles, then shifts things to address 2 different subsets of long term investing. Traditionally investors just use boilerplate asset allocation tables to determine their investments. However, there are several different ways we can manage our investments, and Tillie shares the basics with us. PowerPick: FDO