Tuesday , November 5 2024
Home / Video / Market rotation. Industrials lead but techs will follow.

Market rotation. Industrials lead but techs will follow.

Summary:
We saw this in the second half of 2020, but it was the other way around with techs in the lead. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

We saw this in the second half of 2020, but it was the other way around with techs in the lead.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/



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.

17 comments

  1. It's hard not being greedy and just sitting on your hands and riding out the macro.

  2. I am going to have a stroke lol

  3. My portfolio is down 27% ugh

  4. Rethink that vaccine. It is experimental and you seem very low risk. Why risk side effects when your own immune system can easily deal with the virus ?

    • Not taking it. As a stage 4 survivor, why would I risk more potential autoimmune and cancer problems. HCQ (very cheap) works despite Big Pharma bashing. Look at Fauci’s past, he is not clean.

    • @bigfootbreath agreed ?

    • @Lynda Smith a vaccine can't change your DNA or RNA any more than the virus itself. It's a "dead" virus. I know, technically, the virus isn't alive because it's not a cell. It's replicating protein that needs host cells.

      All the vaccine does in principle is expose you to the virus – like a chicken pox party for the kids or a COVID party – except you don't get the REAL full virus that multiplies by the billions, destroys cells, causes serious inflammation (you get some inflammatory effect tho).

      Think of it like getting into a boxing ring … But with your trainer who you trust isn't trying to destroy you.

      Most people who get COVID are okay. Eighty percent have anything from no symptoms to mild symptoms to bad flu. Only 20% need hospitalization. Maybe some are managed at home with an oxygen tank but I think if it gets that bad, you get a hospital bed bc it can get worse fast.

      Some need kidneys replaced. Some have brain fog for a year or more. Some get damaged heart muscle. AND SO ON. Most are fine in a few weeks.

      That is THE reason. Get exposure to the virus. But the fake virus.

      Think of it like drunk driving. You're probably gonna be ok driving home drunk, but drunk driving is associated with drunk crashing, getting hurt, harming others.

      SKEPTICISM
      Bret Weinstein (PhD biologist) is a scientist skeptical of politicized science. One thing he mentioned is that older less sophisticated virus vaccines would be more general, because we didn't have the precision we have now. You could say the earlier vaccines were "more organic".

      Why does that matter? Viruses always mutate a little. Most mutations don't amount to any big variation or they fail. Some mutations are significant.

      Think of it like a hand drawing vs a graphic made in Photoshop. Which is easier to change?

      A "more analog" vaccine may protect against more mutations, whereas these "digital" vaccines might not.

      On the other hand, a "digital" vaccine more like Photoshop can be reworked from the known base in a very short time.

    • @dilbertgeg good luck, I'm NOT taking it !!!! Peace ☮️

    • @Lynda Smith hi Lynda, I have no pony in that race. I don't care if you don't take it or if you do. Love and compassion to you too, not any hostility.

      I was only trying to explain what a vaccine is and how it works like I try to explain fiscal deficits and national debt to other people.

      I try to explain WHY Marxism and neo-Marxism kills .. intentionally .. when it sounds "good for all" but Marxism-Leninism discounts present individual rights for the greater future , so mass murder is NOT a violation of lofty principles (like America vs Indians) but super-consistent with Marxism-Leninism principles.

      Mao got ANGRY when Khruschev (reformer) advised him to NOT go too far with mass murder like Stalin.

  5. Why are you getting the “vaccine”?? It is literally gene therapy and will cause all kinds of side effects. Least you can do is wait tell the summer and see the results of the current people getting it. It’s not FDA approved and you are consenting to a human experiment. This is not a vaccine.

  6. I think you and Dave Hunter are the only guys I've seen calling for a rally in tech

  7. big picture, daily videos…

  8. It’s not over. Institutional investors are still worried about inflation and the yield curves. US govt needs to calm down these folks and do YCC. Until govt proves to them they will do Whatever it takes, folks will keep freaking out and bond markets will hold the whole market hostage. More pain in markets till strong fed action for sure. Hold onto your hats, and grab your wallet – things gonna get crazy cheap!

  9. Jeremy Childress

    Good advice

  10. Associate Forum

    Mike – Thank You for your honesty, always – Love your videos… ✌✌✌

  11. Mike, if not the dollar, in what currency would you recommend holding ones cash?

  12. Mike – I buy dips, mid-points and tops and it seems to work for me as I hold and hold like you say is good. Overall I am way up and even during the March downturn, I just did what Jack Bogle said 'Don't do anything and just sit there' and I did. Keep up educating the people Mike as I've learned so much so far from you.

Leave a Reply

Your email address will not be published. Required fields are marked *