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Fiscal picks up. Bullish mode is back on. Aggressive buy!

Summary:
Look for the mid-June S&P levels to be taken out. 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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Look for the mid-June S&P levels to be taken out.



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/
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. Mission Partners

    Sorry Mike. As interesting as the title reads I’ve learned to fade emotion. The VIX has been back and forth from 25-30 all year. What will I be doing? Scaling out of my positions as long as VIX stays under 25. Holding at a VIX 25-28 and buying at 28+.

    It’s what’s made the most sense in a market that makes no sense. -WTSwingTrade

  2. Im really sorry Mike, i really understand your feelings.

  3. I'm also sorry about your dog. The worst was when my first dog, a black German Shepard, was killed in traffic. He hopped the fence to find some .. lady dogs.
    This was the ONLY time I ever saw my father cry.

  4. Apologies Mike. Im back in the game with this rally and what a lesson that was.. Should be able to reduce some positions on a top and get hedged afterwards. That would get me substantial margin for intraday trades. I hope it goes well, and wait for the chance to study some of "your shit" from September on. See ya

  5. sorry to hear about your loss 😞

  6. Sorry for your loss Mike

  7. Mike… if tax receipts were so high in April, doesn’t it stand to reason that corporate and individual incomes are higher and we are in better shape as a result?

  8. I’m so sorry for the loss of your dog. Love and healing prayers for you.

  9. I cried like crazy at the vet. Having to give the nod sticks to the heart

  10. Oh come on! The least thing traders or investors are watching is fiscals. Traders are just anticipating that the last CPI will be the pick of inflation.

  11. Great call if you’re right but I can’t go long here.

  12. sorry for loss of your most loyal friend.

  13. Richard Wagenknecht

    Truly sorry for your loss Mike. Anyone who’s lost a dog knows the grief you’re going through.

  14. So sorry for your lose, just lost my 12.5 yrs. old german shepard, it's tough deal, they are like family

  15. Sorry to hear about your dog. At least she was loved and knew it.

  16. Mike, sorry about your loss with your dog. I know how it is to lose an animal friend and family member

  17. Sorry about your pooch. We had to put ours down last year.

  18. TIFFANY GERDINE

    S&P 500 and Dow Jones – It will take a miracle to change the direction of this fast moving train trending down this week. What saved the market before isn’t working now. To many strings pulling it down from what the market says.

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