Thursday , December 5 2024
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You are guessing unless you understand these things.

Summary:
You can't be successful guessing. 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

Topics:
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You can't be successful guessing.



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
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.

21 comments

  1. Really appreciate you Michael. Tireless and objective. Thank you.

  2. Keep up the great work Mike!

  3. We will rebound next month

  4. Looking forward to the next MMT Report! Have a great weekend Mike!

  5. TheNull Hypothesis

    When you applying random weightings to 24 different criteria with no process in sight, you're also guessing in the most egregious of ways.
    Welcome to your blind spot.

    • What do you mean 24 criteria?

    • @Jesus I think he means Mike's combination of DTS, different flows, sentiment surveys, etc. The weighting for all of them seems arbitrary (to OP)
      I think Mike has good content but I would like some more clarification on how he determines when flows are significant or not.

    • @Nit Bean Thanks.

    • ​@Jesus this week it's AAII survey, next weeks it's something else and the week after., something else yet again. The guy has no definable process that he sticks to, aka throws weighting of information here there and everywhere depending upon his whims of the day.
      If it weren't true he'd be able to tell people exactly what trades he's doing, weighting as to percent of portfolio and everything else that ACTUALLY is the Genesis of a return. He of course does no such thing, because it actually would involve defining a process, first and foremost. /watch?v=taJoFgUTm1A
      The poor ways that people call 'thinking' is criminally stupid and is evidence of our lowly origins.

    • @TheNull Hypothesis Can you help me with the link, doesn't work.

  6. Can someone explain how fiscal pushes gold up?

  7. Weekly and Monthly OOM Call Options on Tech is a pretty reliable get-rich-quick scheme.

  8. This market loves bad news. Nothing but shit news for five months and the market pumps. Great news Wed., and the market dumped. We need a cure for Covid, cancer, and hiv in one day to see the market start a downward trend

  9. Happy Rosh Hashanah Mike!

  10. Mike when will you escape from New York ? 🙂

  11. They will crash
    the Mkts before the election. Any group that will destroy subpoenaed iPhones, submit fraudulent fISA warrants, manufacture and fund false evidence and coordinate the release of a genetically engineered bio-weapon into the US economy will attempt literally any measures to remove Trump from office along with his economic policies. Prime Minister Netanyahu and the Israeli Mossad must be protecting Trump, unlike JFK. Pure speculation and I may be wrong, but something bizarre is going on and we will never know in this generation. It will be many decades before before we will have enough information to even guess what’s happening.

  12. "The resurgence of COVID" ??? Mike, what in God's name are you listening to? There was never covid to begin with. Unless, oh ya, you're probably watching "TV". OMG. Snap out of that psy-op mind screw, please. For your own health, mentally and socially. TV OFF, MIND ON people. I know your business is studying the markets, but you HAVE to find an alternate source of "news" for what's going on in this world.

  13. Yisraelite International Chauvinist Patriarkhy

    The biblical new year starts in Abib.

    Does Japan borrow money from foreign entities and have the agricultural management that Zimbabwe does?

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