Friday , May 10 2024
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Market to turn higher this week.

Summary:
First-of-month transfers on Friday will boost market.

Topics:
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First-of-month transfers on Friday will boost market.
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.

25 comments

  1. Micheal Norman is NUMERO UNO!!! 🙌🏽🙌🏽🙌🏽

  2. A government shutdown, with all the money they're printing, winning in the markets, and really high taxes (which are illegal), among other things….they've got more money than anyone knows. ridiculous.

  3. according to a CBS report WE payin the "russia reparations" as war is over after hearing all this screamin' bout 'RUSSIAN NEEDS TO PAY FOR THE UKRAINE REBUILD!' now i know ukraine is a laundry operation for the biggest of US pols and can list the dirt bags but find interesting how menendez is goin down in flames while cryin' racist….. and i know hi past with borrowing a plane & underagers with DHS covering his ass.

  4. Long Live Ukraine.

  5. Why not wait until 70 to take your SS?

  6. Bogus, irrational fear propagation to people who don’t understand how US government spending works

  7. We love u mike ❤

  8. A little confusing from last weeks bearish report, but good insight for sure. Thanks Mikey!

  9. @5:00 oh yeah, Baby Boomer retirements! I keep forgetting the Boomers will eventually be giving back to the economy this way. Partial repayment of the massive intergenerational travesty (that was not their fault) of the neoliberal era.

  10. What do you all think about the 10yr at 4.55?

  11. Thank you for your insightful market outlooks: short, medium and long term.

  12. Thanks Brother

  13. Great job Mike!

  14. Although I am a long term investor, It's great to hear your short term outlook. I got caught in a good size S&P "short" position a good while back and was able to double that position at the top of the markets. Tuesday "tomorrow" flipping 2/3 "green"short positions back into cash and long positions. Still holding about a 1/3 "short" for S&P below 4200. Will see in next couple days if that pays off. Thanks again Mike!

  15. Schwab would not let me cover shorts today online. I had to call their line.

  16. There's a long way until you get to Friday 😅

  17. I was on FB ban for two weeks, don't know how I broke community standards, so havnt seen your videos for ahile
    You've gone from background noise of fire trucks to yacking dog. Lol.

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