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Short selling is a wasteful and useless economic activity akin to gambling. You should avoid it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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Short selling is a wasteful and useless economic activity akin to gambling. You should avoid it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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| Short selling is a wasteful and useless economic activity akin to gambling. You should avoid it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Very insightful
BGS was another GME today and trying to get out of it AH having bought it below 27 other week.
What about the long side? Wall Street forces oil prices to astronomic levels and its argued that the hole 70s inflation was mostly caused by speculation going rediculously long oil
Bidens made in America do you think it could be Dollar bullish it kinda sounds like it?
Sleepy Joe Biden just copied Trump's buy American plan , pretty soon Biden will start wearing a blue MAGA hat hahaha….
https://www.youtube.com/watch?v=mUGI5iVII2Q
Huh, if it is already implemented after of four years of Trump why would Biden need to implement it?
@NoExitLoveNow Leave Michael Jackson alone.
@Jesus https://www.youtube.com/watch?v=mUGI5iVII2Q
The buy American act was created in the 30s. Trump didn’t do shit
He's right. Its just like those short ETF's, like SDS ProShares UltraShort S&P500. You have to be a half wit to buy that stuff
it has 140% short interest Norman more than just a hedge fund.
they should put the Tick Rule back in, or whatever the 2021 equivalent is. Reinstating Tick Rule, Glass Steagall & making Companies tender to buy shares instead of direct buying (all rules the market had for many years) would cure a lot of ills, IMO.
Short sellers are the last line of defense against fraud. The SEC is complicit as to let all these Ponzi assets go public without viable business plans, no profits just to get private equity a payday.
Longs just lucky he got the crooked FED or they’d be bustola
Akts.
C'mon short selling doesn't only happen in the stock market. Prices go up and down, it allows for opportunities to profit on the downside.
There's been many sham companies uncovered by short sellers.
I disagree with you on this one.
I like your analysis and everything but propping up companies like Gamestop is more useless economic activity than shorting it
https://youtu.be/4EUbJcGoYQ4
Short sellers expose fraud we need them. GameStop going to zero over time as gaming is purchased online now.
look I been thru this process many times before. each time I get told all sortsa muck like, 'history is no guide in markets', 'this time is different', 'no correction here, stocks have more room to run'. and then like magic a few weeks /months later market tumbles 10%. Believe me, Ive seen and heard it all before. So stocks are gonna correct. whether tomorrow, 2 weeks or 3 months. they are gonna correct get your head around it and dont live in denial. and it wont be the end of the world. life will continue as normal even after a 7-10% correction. its just that u can position yourself to make money from a 10% hissy fit. Continue to Hold a portfolio of index funds and then just short SPI index futures, hedged with long XJO index calls! Then just add patience!
Hi Mike. For one of your Q&As can you explain what you mean by "shorting"? Technically that's what I do because I mostly do put spreads, but I think what you were talking about something else with GameStop. Can you clarify?