August 29,2015: How’d They Do That?

Last week we made some forecasts about market levels that were pretty spot on. Overall in the last couple of years I would argue that our general market analysis and identification of market turning points have worked out well for those who have followed them. In this week’s show, we talked about how we do it; what is it we look for to find market turning points.

On the radio it is difficult to explain these ideas clearly so I am going to personally be doing a special class on this topic next week. If you would like free tickets, call 84-48-Income (844.846.2663) and tell them that you read about the class on the Next Week In Stocks website. Hope to see you there!

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:

◾960 The Patriot: Sunday at 10am

◾Money Radio 1510 and 99.3: Thursday’s and Saturday’s at noon

◾1100 KFNX: Sunday’s and Tuesday’s at noon

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

◾550 KFYI: Saturday at 1pm and Sunday at 4am

August 22, 2015: Looks Like Rain…

In May we suggested that the market was weakening. In June, that it was rolling over. Last week, that we should be prepared for it to “hit the fan”. This week, the fan could be seen in the distance…

This show was recorded between 9-10:30pm on Thursday night, August 20th. The market at that point was down 4-5% for the week, depending on which index you were looking at. As I write this on Friday afternoon, the market is down 6-8%,  depending on the index. In this week’s episode we talk about how to analyze what comes next, but a few thoughts:

  • If the market does not bounce soon, it is in real trouble because there is limited institutional support. Without a bounce, the retail trader will begin to bail out and the bloodletting could begin in earnest. In 2008, the market fell over 35% in less than 2 months and it could happen again at some point in the next few months.
  • My guess is that you will see a rally soon, but it won’t hold. It will, however, be an ideal time to buy puts again. On Monday, August 24, I would not be surprised to see a gap down at the open to the next demand level (around 1950-55 on the S&P), then a strong rally, but I don’t think it will last more than the day. I would then expect some sideways movement before another drop. This is pure speculation, but it would cost retail traders the most money, so something to consider.
  • An update on Sunday night 9:20pm AZ time. Market did gap down to the 1950-55 level, which held briefly, but the plunge has resumed. It has turned at the demand level around 1898-1916, but if it breaks through that, there is clear sailing down to 1790-1830. I hope you have your puts…

When the real pain comes, I think this market could fall 50-70% over a period of many months to a few years. What happens if you want to retire during that time? Make sure you are prepared by checking out this week’s show here:

I am also going to personally be doing a special class on this topic next week. If you would like free tickets, call 84-48-Income (844.846.2663) and tell them that you read about the class on the Next Week In Stocks website. Hope to see you there!

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:

◾960 The Patriot: Sunday at 10am

◾Money Radio 1510 and 99.3: Thursday’s and Saturday’s at noon

◾1100 KFNX: Sunday’s and Tuesday’s at noon

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

◾550 KFYI: Saturday at 1pm and Sunday at 4am

August 15, 2015: This Means (Currency) War!

China has begun to decouple its currency from the dollar. This will have tremendous implications for our markets and the world economy. It will make our companies less competitive and less profitable, which will eventually show up in lower stock prices. The other point to note is that once the decoupling starts, it will be very hard to control and the yuan could fall faster and further than China desires or others expect.

As a note, this is not “unfair” of China, the market should be able to set the value of a currency, but this does not change the fact that all will be affected. One of the effects will be that as the dollar continues to appreciate it will create an issue for emerging markets (such as Brazil) that have borrowed significant sums of money denominated in dollars.

This week we discussed all of these issues, as well as others driving the market right now. 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:

◾960 The Patriot: Sunday at 10am

◾Money Radio 1510 and 99.3: Thursday’s and Saturday’s at noon

◾1100 KFNX: Saturday’s and Tuesday’s at noon

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

◾550 KFYI: Saturday at 1pm and Sunday at 4am

August 8, 2015: Before It Hits The Fan

The market continues to weaken. Is this the beginning of the end? Who knows, but one day it will come. Today we talked about what we are seeing in the market and some strategies to prepare for the inevitable downturn. I am also going to be doing a special class on this topic this week. If you would like free tickets, call 84-48-Income (844.846.2663) and tell them that you read about the class on the Next Week In Stocks website. Hope to see you there!

Check the show 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:

◾960 The Patriot: Sunday at 10am

◾Money Radio 1510 and 99.3: Thursday’s and Saturday’s at noon

◾1100 KFNX: Saturday’s and Monday’s at noon

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

◾550 KFYI: Saturday at 1pm and Sunday at 4am

August 1, 2015: Rule 1, Don’t Lose Money…

Today’s show focused on the key to all successful trading:  risk management. Along the way we talked about the Fed, GDP, 401(k)’s, how we’ve mortgaged our future, and other light-hearted topics…

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:

◾960 The Patriot: Sunday at 10am

◾Money Radio 1510 and 99.3: Thursday’s and Saturday’s at noon

◾1100 KFNX: Saturday at noon

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

◾550 KFYI: Saturday at 1pm and Sunday at 4am