Monday , June 24 2024
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Fed decision. Don’t wish upon the Chart Fairy.

Summary:
Here’s how I called it today. EXACT! And a lesson for you all: Don’t wish upon the Chart Fairy.

Topics:
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Here’s how I called it today. EXACT! And a lesson for you all: Don’t wish upon the Chart Fairy.
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.

20 comments

  1. Warren Buffett says the same thing about “charting”

  2. Looks better than NY!!

  3. Where are you? I would like to get a cup of coffee with you. It's just recently gotten hot. A week or so a go it was much nicer!

  4. Move to South Laguna Beach, California. Flordia is only for dying NYers. I was trained as a value investor my grandmother that owned four MCDonalds I Southern California bought MCD under .012 cents and kept on buying. It's now about $300/ share. That's value. When I went into stockbroker, my grandmother said buy MCD. I did. Our family are major shareholders.

  5. Looking good in FL Mike!

  6. One Day at a Time Mike…
    Grateful for each and every great day!

  7. I think for Options play, MMT /macro outlooks with the addition of chart mechanics can help. Or am I wrong?

  8. About as stupid MMT economic policies as they come! – Mike Norman the economic financial disaster who pushes the Idi Amin Dada idea of government creating more money hrough deficits to pay for what they want to without negative consequences for the economy.

  9. You are now a 'day trader' 😂 ?!?!

  10. welcome to where you are!!!

  11. Whenever Mike talks, I press LIKE.

  12. Your new place looks great Mike I hope you like it then.

  13. Cedric Schwartzler

    You also said the tax drain in June would affect markets. They have skyrocketed so shorters who listened to you got killed. So it's ok to take credit for good advices, but please recognize what you said wrong.

  14. American Exploring

    Mr. Norman looks happy in Florida. I hope you enjoy it.

  15. 👁🧡

  16. Thanks as always Mike. As always I learned something new.. Mike likes HOT 🤣

  17. 🔥🔥🔥

  18. So glad you made the move, what a change in the scene. The difference in serenity must be amazing. Good luck Mike.

  19. Nice video. You are wrong about inflation…..unfortunatly.

  20. Market CrystalBall

    If people did nothing but wait for your date call outs they would make money. THANKS FOR ALWAYS LOOKING OUT FOR THE LITTLE GUY 🎉

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