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Keep your head when others around you are losing theirs. Selling when the market is down 20% is a good way to ruin yourself. Stocks will overcome inflation. There are lots of good names on sale. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Keep your head when others around you are losing theirs. Selling when the market is down 20% is a good way to ruin yourself. Stocks will overcome inflation. There are lots of good names on sale. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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| Keep your head when others around you are losing theirs. Selling when the market is down 20% is a good way to ruin yourself. Stocks will overcome inflation. There are lots of good names on sale. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
SPY 320 you can put some more money to work.
BTW I veiw oil the same as the producers. I have made a short position in a specific oil company since last week
The fact that the Fed is doing the wrong thing is not a negative? Isn't the Fed setting up a crash landing.
Only 1 week ago you were telling people to BUY.
If I were to sell I would wait for the first big counter trend rally. No point selling when this oversold.
I ain't selling nothing.
Be fearful when others are greedy. Be greedy when others are fearful.
-Warren Buffett
This guy in a huge drawdown
lol we are living through history look at high time frame and fundamentals. you cant just print money and pump the markets with out consequences
Mike been telling u for weeks now when you've had this dead wrong. You can look at all the government inflows, outflows, whatever. Spend hours looking at it or you can just see that everything needs to be repriced with higher rates. Just like low rates, zero fed rate, built the ponzi…not it's being dismantled.
The fed is trying to create a recession to fix inflation.
Mike there might be something between Apple "still being around" and them being worth 2 or 3 trillion? At a 50% haircut from here they are still a trillion dollar company.
Oil stocks are starting to go down slowly
I was doing more buying then selling
Mike did you buy the same way back in 2008-2009 or wait for a bottom, IE price above 50 daily and 200 daily moving averages of main indexes.
I wet my beak to on a mutual fund large caps. legging in
And what "if" Peace was to break out in Ukraine… no more sanctions suddenly… That could actually happen 🙂
One word… PERMABULL 🤣
You miss so much. Lol. Interest rates raise prices but not in real estate which is the average persons biggest investment. Also the government isn’t paying out unemployment benefits like they were last year. Decreasing house prices along with increasing gas and food costs makes the average man much poorer and less willing to spend. Mike looks at things from a 10 millionaire or more person.
In the 70s interest rates were raised up to 20%. Inflation was still roaring. Energy went crazy sky high. But the Fed knew how to stop inflation. Create a huge recession. They did in early 80s. That recession was worst since the 30s.
I was just a young stockbroker at One Battery Place. I prospered that thingy monkey, recession in, 1980-1982. Sold alot of bonds, some stocks usually in big positions.
Stocks or bonds, which is due to turn around first?