Sunday , September 22 2024
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Today was the day I expected yesterday.

Summary:
There’s more upside momentum ahead, but the economy is going to slow, and that won’t be good for stocks. 

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There’s more upside momentum ahead, but the economy is going to slow, and that won’t be good for stocks. 
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.

19 comments

  1. @punch_bowl_turd3005

    IDC what reason market is up or that's not why i'm a subscriber. i did score nice in after hrs with $NKE today over a CEO change. i give you a big thanks for making me think different like slowing down and having patience. that;s the biggest take away of anything said. setup a donate button or something.

  2. Whats the secret of your sparkly white teeth..?????

  3. No body can predict the future is what he’s saying

  4. When he paused rates hikes was the time to buy

  5. Tell us when those Gold miners close their shorts because thatll be time to short Gold

  6. You said judge me. I am judging.

  7. So no pullback just higher prices. Every sell off is purchased.

  8. Found A GoldMine Channel WonderFul Video.

  9. I wish I could have watched your videos in early stage of my trading career. There is nothing profitable than holding a position for a long term . Daily profits bring dopamine but in then end you give up all you have made at some point.

  10. What happened with the gold short? Did producers change direction? Or

    • Wait for maximum size to be reached from non commercials longs(400k).But gold before going short like producers expect need to have a motivation,at moment with rate cut the fundamentals are pro longs on gold so you need first a big evidence that bearish rally will start.From a seasonality prospective gold has potential to go short by the end of the month.Next week most probably can start the offload of long positions from non commercials.

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