by Summary:
I understand the selling. It's fear and emotion. However, I also see strong supportive factors.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
I understand the selling. It's fear and emotion. However, I also see strong supportive factors.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| I understand the selling. It's fear and emotion. However, I also see strong supportive factors. |
Thank you Mike. What did you buy today?
Heron to ease the max pain.
@cityguyable lol
thanks mike
I believe you mentioned in a prior video that the banks were buying the 10 year when the yield was at 1.80. We are now at 2.72. Do you think the 10 year yield continues to go higher?
I don't think we take out the low, but a retest is very possible and likely. Its a stock pickers market tho. Near market the lows you have to buy bullish things like AI, Manufacturing, Financials, Health Care. Near market highs you need to take profit or get downside safety on bearish stock. Information Technology and Industrial. Start planting seed so you can have some fruits year end 2024…
Mikey, chartists are saying we're in a true head and shoulders on the monthly – not a reverae h&s lol go figure
Both SP500 and QQQ broke the 50MA. Possible another 10% drop.
if we close april above the recent March lows (march 8 for both dow s&p500 and mar 14 nasdaq) then we can see a leap into year end ( eg nasdaq maybe 20000) – things might get very exciting.
coudl also be a double top
The Fed is tapering treasuries batch higher. How in the hell is this bullish? What happened last time we were here?
…every day
Does the little guy even have a chance everyone is bleeding
I think we're going lower.
Great work as always!
Very informative video Mike!