Wednesday , July 24 2024
Home / Video / You may hate it, but the market environment is still bullish.

You may hate it, but the market environment is still bullish.

Summary:
Except for a tax train next week, the bullish trend will continue as fiscal flows remain strong. 

Topics:
Mike Norman considers the following as important:

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Except for a tax train next week, the bullish trend will continue as fiscal flows remain strong. 
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.

12 comments

  1. @eatlaughandstupid4430

    I am buying MCD and SBUX…nibbling on XOM

  2. Thanks for the updates, Live from New York Mike. Seeing you in different videos and locations this one seems to fit you best.

  3. @barrymcbrush5452

    Isn't the DOW usually where foreign investors go?

  4. @barrymcbrush5452

    Great video Mike!

  5. @frankperrott6048

    Back in the canyons of NYC. Hopefully you hit a few steakhouses and pizza spots for the week.

  6. Seriously confused Mike. Asking a legit question here, you changed direction completely from 2 weeks ago when you said expect correction GDP contracting. Narrative supports market direction maybe.

    • If the contraction continues, then you sell

    • He literally said deficit spending is accelerating again so the downward revision in gdp numbers might not be a sell signal but time would tell

    • @@mk91-vz1oj thank you. Fair point. Just thinking 2 weeks ago asked about this, when we get a correction I’d assume Mike will share that contraction. It does seem the reporting is to support market moves and not predict?

  7. I hope you can have a retreat strategizing session in Florida haha

  8. Apple is supporting the market

  9. Knowledgeable guy, not an insult but I recommend not subscribing to Mike's report until he fixes his clunky website. Very difficult to unsubscribe if and when you need to.

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