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What I was waiting for. Bullish sentiment skyrockets. Pullback likely.

Summary:
AAII sentiment survey indicated bullish outlook on the part of investors highest since January 2018. Biggest one-week rise ever. Correction likely, but short-lived. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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AAII sentiment survey indicated bullish outlook on the part of investors highest since January 2018. Biggest one-week rise ever. Correction likely, but short-lived.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



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.

4 comments

  1. Finance & Economics

    What I was waiting for, Michael Norman to say bullish sentiment skyrockets. Sell!

    I'm against the stimulus in theory also, but it's practically a necessity at this point.

  2. Pennsylvania Court RULES BALLOTS TO BE THROWN OUT

  3. Banks get stimulus every day; yet congress is broken; & potus cannot write those kinds of check for 1200 check, enhance snap, extend unemployment 3 months would factor positively for mainstreet w/o the congress. But remem this govt is disfunctional and central reason is TDS. Last 4 yrs redefine gridlock and bad legal precdents. The executive branch been under siege with little to no coop other than extending / affirming debt ceiling deadlines.

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