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Bad day. Here’s what’s coming next.

Summary:
Today was a total overreaction to nothing news. But we still have March, April tax drains to worry about. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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Today was a total overreaction to nothing news. But we still have March, April tax drains to worry about.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.mmteconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/



Understanding the Daily Treasury Statement video course.

https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

31 comments

  1. I think markets were responding to the geopolitical situation.

    • 𝗪𝗔𝗧`𝗦𝗔𝗣𝗣 𝗡𝘂𝗺𝗯𝗲𝗿+𝟭 (𝟮𝟭𝟯) 𝟴𝟯𝟵‑𝟰𝟲𝟲𝟯

      👆👆

    • 𝗪𝗔𝗧`𝗦𝗔𝗣𝗣 𝗡𝘂𝗺𝗯𝗲𝗿+𝟭 (𝟮𝟭𝟯) 𝟴𝟯𝟵‑𝟰𝟲𝟲𝟯

      I will appreciate you send a private message to the number above let's discuss more

  2. It was a Baaaad day 😢

  3. good stuff

  4. Kino Casino VIP Fanboy

    Monetarists love giving us discounts.

  5. How many were on the trip? Did anyone sneak away? How many days of cold and zero sleep?

  6. Good day if you were short.

  7. Should take up fishing its a way chilled sport and it takes you to nice places.

  8. Finance & Economics

    I never look at a down day as a bad day. Lower prices are good. Opportunities are created on down days.

  9. Good analysis Mike. I am holding steady fully invested like yourself. Have not sold at all in this whole drop the last year or so. I buy through automatic dedications as work. The only thing I would change if I could is the day that I buy. We get paid on the 1st and 15th. Those days or right after are not usually the best buy days. It jumps around but they are rarely the best buy point of that two weeks.

  10. Great work as always Mike!

  11. Thanks for explaining the market dynamics, again!

  12. I sold some stocks before 15th Feb, now will be buying back cheaper. Thanks Mike!

    • 𝗪𝗔𝗧`𝗦𝗔𝗣𝗣 𝗡𝘂𝗺𝗯𝗲𝗿+𝟭 (𝟮𝟭𝟯) 𝟴𝟯𝟵‑𝟰𝟲𝟲𝟯

      👆👆👆👆

    • 𝗪𝗔𝗧`𝗦𝗔𝗣𝗣 𝗡𝘂𝗺𝗯𝗲𝗿+𝟭 (𝟮𝟭𝟯) 𝟴𝟯𝟵‑𝟰𝟲𝟲𝟯

      I will appreciate you send a private message to the number above let's discuss more

  13. Great video as always Mike!

  14. Thanks for no blue screen. You look normal now.

  15. tomvorapot tomvorapot

    Mike, listening to your experiences of the survival weekend, I feel that you came out a loser, a lost person.
    Why?
    This is because your mind did not really conquer that hardship and this is why you didn't get anything out of it.
    The mindset has not changed, you went to it with the same mindset – the comfort zone mindset.
    You couldn't see that if you had to experience what you had, your mind set could have told you that this is nothing, it's just a walk in the park, like the person who took you there. Basically, you can't separate the mind from the body.

    If you had experienced that, you might feel completely different, a sense of peace, tranquility and happiness, but you didn't, and that's where the failure/discontentment lies.

  16. the Nadtaq at 9000 is ok!

  17. Mike the initial rally was based on the monetarists and so has the decline, and it will continue.

  18. Thank you Mike

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