Wednesday , December 18 2024
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The most valuable thing there is, is information.

Summary:
Like Gordon Gekko said to Bud Fox in the movie, "Wall Street." (1986). You'd be surprised how many people ignore this. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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Like Gordon Gekko said to Bud Fox in the movie, "Wall Street." (1986). You'd be surprised how many people ignore this.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.mmteconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/



Understanding the Daily Treasury Statement video course.

https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
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. i caught AMZN at 84ish and thats doin good holding till 140ish.

  2. man the weeks fly by …..

  3. For those who still think taxes fund the federal government. Think about this A cash-strapped desperate government wouldn't give anyone a tax deduction. Wouldn't give anyone a tax return. Wouldn't give any group of people a tax cut

  4. Raymond Thomas Dalio is a "good friend of mine "

  5. Picked up Tesla at low 100s , googl and shop. Holding

  6. Eat,Laugh,andStupid

    bought META at 97 and TSLA at 123…got XOM at 42…FXAIX at 126

  7. Mike I know you must have stories about huge loss days or losses that occurred in your history as a market participant and also wins in that sentiment as well. Care to share one of those unforgettable stories, as some of us are new and learning and I believe it helps in your endeavor as a Econ stat dispeller.

  8. Sir William Baloney

    The shirtless pizza man strikes again.

  9. Don't forget the wind chill factor Mike!

  10. Meta? Seriously dude? We should be buying crap that dumped on us like 90% almost overnight and only went up like 30% due to a gapup? And the crap that is sitting at 2% loss after 5 year period? I say stay away like you would stay away from a girlfriend that dumped u once. She will do it again in no time.

    • Mike Norman MMT Economics

      Frustrated guy. No patience. Buys high then bitches when his stock is underwater. Keep it up buddy. I'm sure you will amass lots of wealth.

  11. Thanks for being direct, and being a no BS educator. I’m glad to be a subscriber.

  12. Did you see Professor Richard Wolff on Bad Faith podcast. It would be great if you could critique him and explain where he went is wrong.

  13. Interesting info, can you do a video on how to spot good management?

  14. American Exploring

    Heading to your pizza video now. Good Stuff Mike.

  15. Mike, your gold.

  16. Thanks for the great Pitbull speech Mike. I also like to say that "greed for lack of a better word…. is GOOD." 🤑👍
    Your pool theory appears to be (better said: really is) SPOT ON. The economy goes much better then many of
    my fellow goldbugs (and silverbugs) expected. I do NOT forget to hit that LIKE-button on your videos. 💪

  17. Mike I know you are long USD (you said so in a previous video). Do not take my opinion serious (I am NOT a currency trader. In
    fact I am NOT a good trader at all). But to me it looks like the USD is underway towards 90 and then appr. 75 area. That can be
    caused by all the interest rate hikes in the last year: from the MMT perspective those hikes will weaken the USD after some delay.
    That might be a nice subject in one of your next videos. Of course up to you to decide. I think the USD will go down…. further.

  18. When I traded it got up $50k / month and I thought I was doing good on the floor. You would have been a good master sergeant.

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