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Get in a big macro trend, build a position and hold for the long term. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Get in a big macro trend, build a position and hold for the long term. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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| Get in a big macro trend, build a position and hold for the long term. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Mike what do you think about NIO?
all these EV stocks are so overvalued , they are priced in for like 10 years of earnings in the future , not worth the risk IMO
Cautiously bullish.
@Slickpete83 EV is on a rapid growth trajectory. That's what they said about Tesla when it was trading $300 pre-split. The only thing with respect to NIO is, it's a Chinese company. There's risk. The only China stock I ever really made money on was BABA. But I'm cautiously bullish on NIO.
Agreed with @michael Norman. Ev on rapid growth trajectory. I am a Tesla buyer here for long term hold.
BE RIGHT & SIT TIGHT!
Xin Jing Pin Sung Hunter Tin Ton "CCP say most secure election in history" wink wink:) https://twitter.com/DanScavino/status/1282539585579503616
but Mike we want to 100x our investment , 10x is just not enough
hahahahaha… i would be happy with 3x
Put Call Ratio was that low numerous time from 1997 to 2000.
No Deal Brexit? Flash crash? In out in out shake it all about. Cable smashed? Wait for the tariffs and the chaos at the ports… and the quotas. WTO rules are a bitch.
The market is driven by every kid and his mom in the world who have a cellphone. Thus, the market is in Lala land. So, it is a pure gamble at this point. Just keep buying the clean energy stocks like hydrogen, electric, and crap like that.
patience is the hardest part
Your put call data is correct. However the put call ratio (10day avg.) was down to 0.42 in 2000 during the dot.com bobble I see in my Bloomberg, which goes back 24 years. But we also all know how that ended.
Thank you. I appreciate it. So, we can still go a lot lower.
Thanks for the info. Would it be possible for you to export that data and share it somewhere? The CBOE data only starts from 1 Nov 2006
Thank You Mike for Your work!
Thanks Mike!?
Iran wants to hit the USA and will do so if Pres Trump is not re-elected. This is the trigger for the next deep sell off.