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The sellers are back!

Summary:
Less than 24 hours later, the sellers came back with a vengeance. 

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Less than 24 hours later, the sellers came back with a vengeance. 
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.

35 comments

  1. Mike Norman = Soda Popinski
    Hehe, love your take on the markets, Mike! Thank you! ❤

  2. I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?

  3. Buy the dip!

  4. I capitulated on my TLT position. If it's up only you can thank me later.

  5. That fucking Excel spreadsheet! 🙃

  6. @sebastian-lo4xv

    Still shorting gold Mike?

  7. Donkey Face stopped giving interviews, and they're making Bessent the spokesman. Good move.

  8. Even PhD can't move anywhere, just Trump tweet can move 2000 pt of DOW

  9. I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks will be appreciated.

    • As a beginner, it is essential that you have a mentor to help you stay accountable. In my case, Marc Andrew Zabicki has guided me for years and I highly recommend him. I focus on him. To be honest, I'm almost hesitant to let someone take charge of growing my finances, but I'm so glad I did. ❤

    • I went from $176,000 in debt with zero savings or retirement, a year later fully debt-free and over $1M net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $50,000 monthly) and don't owe a dime to anyone. I'm especially grateful to Adviser Marc Andrew Zabicki, for his expertise and exposure to different areas of the market.

    • well i am at $2.5 mil. Biggest positions PLTR, TSLA, SCHD, NVDA,BTC and now looking to build up DRGO alongside finding quality value & growth stocks to buy. I got $54k divs last time in taxable divs. Q2 taxable divs this year was $16,526 . don't sell when the market is down..thanks to diversification and portfolio restructuring using growth companies, Entry and exit orders are chosen by my advisor.

    • Marc Andrew Zabicki has made an incredible impact on the trading community. His guidance and expertise have helped countless individuals achieve their financial goals and his contributions have set a new standard for excellence in the industry. We're truly grateful for his dedication and hard work, and I'm sure his legacy will continue to inspire others for years to come.

    • how would you suggest i enter the crypto market? I am also looking at studying pro traders and using their strategy rather than investing myself . whats your take on this? How can i reach him please?

  10. Cheers Mike

  11. Gold $3200+

  12. @EmiraDzamastagic

    interest rate will go to 7%, that will lead to total market collapse….., TLT is done …., it doesn't matter if FED intervene, there is no demand

  13. thanks Mike !!

  14. @nicholasgomez2485

    Try Bluesky. It’s clean.

  15. A weak dollar means there's lot of dollar liquidity in my reading of the situation, which should lead to lower yields. It's very weird.

  16. I sure wish the president wasn't a stupid ass.

  17. @edwardhardy3469

    If you do the math based on the fact, we buy a lot from China, Trump put a 125% tariff on the goods. Will make the average voter to rebel against trump just like they did Biden.

  18. @financeeconomics1057

    I noticed you're back on X.

    Like it or not, it's the best social media platform. There's good & bad information on there.

  19. @cryptoniteclark

    China isn't suddenly dumping bonds to punish Trump. It's been doing it since before Trump, when it realised they were at risk after the Biden admin confiscated Russia's bonds. It's been buying land and other US assets with the money. Trump has said he wants to stop that.

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