Saturday , February 22 2025
Home / Video / Here’s how I play market declines.

Here’s how I play market declines.

Summary:
I don’t short the market anymore.

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I don’t short the market anymore.
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.

23 comments

  1. How is that bond trade worken for ya Mike?

  2. Thanks for the updates, Mike. I want to keep contributing to my 401K and growing my savings. My only concern is having to do that at all-time highs. If there is going to be any pullback, I hope it comes sooner than later.

  3. If you think a stock you own is too high sell a call. If you want a stock at a lower price than it’s currently trading sell a call. Either way you collect premium and buy stocks at the price of your choosing. I don’t short either.

  4. @Hustle-Man-ForLife

    LOL, they are rich because they received free shares from starting up a company, none of them actually accumulated those shares from building a portfolio over time. All of the wealthiest people have shortcut their way to the top, including hedge fund and mutual fund managers…etc and yes including old man buffet. I am an investor but the reality is nobody becomes wealthy from investing their small retail money.

    • If you start a company and take it public you get shares. On the other hand, Warren Buffett built his fortune by accumulating shares. Curb your cynicism. It's a negative character trait.

  5. The flows may not be changing, but the growing trade deficit is sucking money out of the system.

  6. @BobSagetSquarePants

    I was reading a Peter Lynch book today with him talking about buying NKE and JNJ during the 80's and 90's while they kept going down. Or accumulate assets on the way down as you would say. More specifics to your stories or what you've seen other people do that payed off throughout the years would be nice.

  7. Elon and Trump exploring 5k checks for citizens

  8. @Hustle-Man-ForLife

    Hello Mike, Not Negative LOL, and yes I enjoy your content and have also been an investor for over 20 years, but not everything that YOU say is positive and sometimes you have a tough time hearing when someone disagree's with maybe your opinion at times. And yes there have been many times that you were indeed wrong, as have I over the years so no shade to you. But you champion people like Buffet whom, has been disconnected from the market for years and yes his company has accumulated shares of other companies (ALA nothing but a Fund or ETF) but his wealth is based on his share ownership in Berk, he is not investing with his own money and growing a portfolio so maybe you need to Curb your cynicism lol. And yes I respect warren, but this is the same man that said he wouldn't invest in Tech???? and thought Bitcoin would disappear, and has missed out on so many opportunities in the past 5 years while he sits on billions for a meager 4 percent interest while missing out on new high after new high, and he typically has been wrong with his market predictions the past 10 years straight. As for the other wealthy people that you reference, they all got rich from shares that they received when their businesses went public. None of them invested to make their millions they all got rich from their Mag 7 company holdings.

  9. @Hustle-Man-ForLife

    Anyway, thanks for the content as usual.

  10. @andreytsarukyan3627

    Mike, if you want to short the markets or hedge your portfolio against disaster (a drop of 40-50% or more), then you can spend about 1-2% of the capital. You just need to buy a put option, or create a synthetic (long call + short futures) with an expiration date of 1 year or more with a delta of about 0.1. Use it and do not deny yourself anything.

  11. @philadelphiyahhsmyrna0

    Mike, I have to admit like Ana Kasparian I did not believe that they were as serious about Project 2025. Did you see the free banking proposal for the Fed? Yes this is something that congress would have to pass, but if it does it will completely change the game and would basically turn the United States into the European Union. Project 2025 if fully implemented will destroy this country.

  12. Isn't this what Warren Buffet has been saying for his entire career. Buy good companies when market is down and hold.

  13. I think investors should always put their cash to work, especially In this year 2025, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks. Hope to make millions this year 2025

    • Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert and that's what helped me during my days of failure before my financial adviser helped me scale through the market ups and down

    • I guess you are right and how can one find a verifiable financial advisor? I would not mind looking up the professional that helped you

    • Sure you can! Gabriel Alberto William is the financial advisor I work with. Just make a research with the name. You’d find necessary details to work with

    • Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly

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