I Am Tiger Woods

After generally ripping on the passenger that makes any airplane, “Air Force Fun” (hard to believe he is taking that title from Clinton) we spent some time talking about the markets, especially currencies. Everyone is focused on the stock market, “Is this the top? Are we going to 30,000?” But by focusing here, people are missing opportunities in other asset classes, like Currencies and Futures. Today we talked about why it is important to understand how to use currencies, both for short-term income and long-term protection against dollar depreciation.

Check it out!

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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

◾910 KGME: Sunday at 4am

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

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

◾910 KGME: Saturday at 6:30am

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

◾550 KFYI: Saturday at 1pm

◾1230 KFYI Business: Saturday at noon

◾1230 KFYI Business: Sunday at 10am

After an initial rant on the state of our government, we got into a discussion on Income Statements and Balance Sheets. A lot of our problems in this country come from the fact that no one pays attention to the Balance Sheet. The American consumer destroyed his Balance Sheet by borrowing too much money against an over-inflated asset (his house). This means he has no capacity to borrow now, no matter how much money the Fed creates or how low-interest rates are. The Federal Government then stepped in and borrowed in our names, destroying its Balance Sheet in the process (and putting each of us further in the hole). Businesses are now destroying their Balance Sheets by borrowing money to buy back stock to prop up their Earnings Per Share and their stock prices, instead of investing in new capacity and R&D. All of this means there are no savings left for us to call upon to grow our economy for years, if not decades to come. We haven’t just consumed our seed corn, we have consumed our children’s and grandchildren’s as well. We also talked about the difference between the rich and those with high-incomes, and the danger of confusing the two (as we constantly do in this country).

Check it out 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: Sunday at 4am

◾910 KGME: Sunday at 4am

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

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

◾910 KGME: Saturday at 6:30am

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

◾550 KFYI: Saturday at 1pm

◾1230 KFYI Business: Saturday at noon

◾1230 KFYI Business: Sunday at 10am

https://nextweekinstocks.wordpress.com/2014/08/25/251/

Buying Umbrellas Before It Rains

This week we talked about the current state of the market and the importance of preparation before the inevitable downturn comes. As I’ve stated before, I don’t believe this is the start of a major decline, but I don’t know for sure. The only things I know are:

  • At some point the market is likely to fall significantly (50-60%)
  • When it comes, it is likely to fall faster than in 2000 or 2008
  • When it comes there won’t be time to react. You need to know now how to protect your portfolios, even if they are just in mutual funds.
  • When the market falls, it will be a great money-making opportunity. Get ready now so you can take advantage of it.

Check out today’s show to learn more!

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: Sunday at 4am

◾910 KGME: Sunday at 4am

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

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

◾910 KGME: Saturday at 6:30am

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

◾550 KFYI: Saturday at 1pm

◾1230 KFYI Business: Saturday at noon

◾1230 KFYI Business: Sunday at 10am

The Start Of Something Big?

Last Thursday the Dow fell over 300 points and wiped out the entire market gain for the year. The predictable discussion of, “is this the top” started. My suspicion is “no”, but the key is, no one knows. This is why it is critical to be an informed trader and investor, to always focus on risk-management first, which is not how most people approach the market. At some point (and maybe now), this market is going to take a huge hit (my guess is at least 50%). There could be many triggers, but the most obvious is not that the Fed is raising interest rates, but that people start to believe that they will. This market lives by the Fed, and will likely die by it. Check out today’s show to learn more!

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: Sunday at 4am

◾910 KGME: Sunday at 4am

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

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

◾910 KGME: Saturday at 6:30am

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

◾550 KFYI: Saturday at 1pm

◾1230 KFYI Business: Saturday at noon

◾1230 KFYI Business: Sunday at 10am