May 31, 2014: Who Are You Going to Believe, Me or Your Own Eyes?

Well, another GDP report is out and the news isn’t good. Q1 2014 now supposedly has declined 1% vs. a previous estimate of growth of .1%. However, we believe this is an anomaly and next quarter…

It is all nonsense! The adjustment factors that are used overwhelm the data (lots of noise, not much signal). The inflation adjustments are artificially low. GDP doesn’t differentiate between useful and useless spending. I could go on (and in the show I did for about an hour).  But here’s the thing, we run an entire economy based on a useless and largely made-up number. This is how screwed up this economic policy is! This week we compared GDP to some other numbers, none of which look all that good. We also looked at our “Straddle Market”, lots of pressure going up, but lots of risk to go down, and revisited our GLD straddle trade (up about 20% in 2 weeks at the time of taping). Check it out!

Listen Here:  

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If you would like to submit a question to the show, or to give us feedback, please send an email to: phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾550 KFYI: Sunday at 4am

◾1510 Money Radio: Tuesday 9am and Saturday 7am

◾1100 KFNX: Thursday at 4pm and Sunday at noon

Of course, you can always find Next Week In Stocks on:

1230 KFYI Business: Saturday at noon

◾550 KFYI: Saturday at 1pm

May 24, 2014: Wealth of Nations?

On the show we spend a lot of time talking about trading for income. Today’s show focused on wealth. How to create it, how to keep it. In the process we talked about the VA scandal, the future of the US as “one nation”, whether under God or anything else, and alternative investments including bonds and real estate. Check it out, if you dare!

Listen Here: 

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If you would like to submit a question to the show, or to give us feedback, please send an email to: phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾550 KFYI: Sunday at 4am

◾960 The Patriot: Noon Saturday

◾1510 Money Radio: Tuesday 9am and Saturday 7am

◾1100 KFNX: Thursday at 4pm and Sunday at noon

Of course, you can always find Next Week In Stocks on:

1230 KFYI Business: Saturday at noon

◾550 KFYI: Saturday at 1pm

May 17, 2014: Straddle Up!

It was the best of times, it was the worst of times…

Looking at the market we see that it still wants to go higher. Between the Fed and the lowering of standards for loans for Fannie and Freddie, there is a push from below. That said, there is a tremendous amount of risk, economic, geopolitical, etc. When you don’t know what the market is going to do, but you think it is going to do something, that is where an option strategy called a straddle can make sense. In today’s show we looked at the various positives and negatives of the market, then we focused on a specific straddle on the GLD (gold). Check it out and see how we do!

Listen Here: 

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to: phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾550 KFYI: Sundays at 4am

◾960 The Patriot: Noon Saturdays

◾1510 Money Radio: Tuesdays 9am

◾1100 KFNX: Thursdays at 4pm

Of course, you can always find this show on:

1230 KFYI Business: Saturdays at noon

◾550 KFYI: Saturdays at 1pm

May 10, 2014: Hayek vs. Piketty

This week marks the 115th anniversary of the birth of Friedrich Hayek. This same week, Thomas Piketty’s Capital in the Twenty-First Century was the number 2 book on Amazon (and number one in a number of categories). The two of them have completely different views of the role of government in society. In this show we compared the two, specifically on the issue of income inequality and the role of the government in either causing or remedying it.

Listen Here: 

Click Here For Free CD Offer!

If you would like to submit a question to the show, or to give us feedback, please send an email to: phoenix@tradingacademy.com. Also, check out our sister show, “The Right Side Of The Trade” on the following stations:

◾550 KFYI: Sundays at 4am

◾960 The Patriot: Noon Saturdays

◾1510 Money Radio: Tuesdays 9am

◾1100 KFNX: Thursdays at 4pm

Of course, you can always find this show on:

1230 KFYI Business: Saturdays at noon

◾550 KFYI: Saturdays at 1pm