Monday , November 25 2024
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Hello from Key West

Summary:
Fed tomorrow. Get ready for irrational volatility.

Topics:
Mike Norman considers the following as important:

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Fed tomorrow. Get ready for irrational volatility.
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.

22 comments

  1. Have a good time at Key West Mike thanks for what you do

  2. Self control yes! Thank you

  3. Those $3.00 glasses from the dollar store Mikey boi? I know, days are volatile. Thanks man

  4. nice glasses Mike

  5. I don't agree Mike, I think Powell is just posturing for the media…I bet they stay on track with the tightening but hold off on announcing any rate hikes…I guess we will see tomorrow. Have a relaxing trip…soak up some rays!

  6. You must be on a boat rolling pitching?

  7. + 3.00

  8. Mike with his ultra intimate closeup shots and +3.00 glasses.. Lol… never change mike never change haha.

  9. Isn't it true though mike that 'the poors' are far more likely to spend that money into the economy than the banks (who will probably just hold onto it)..

  10. tomvorapot tomvorapot

    Mike taught us "to go with that understanding". I never really trust it, (mine)even though it had played out like I thought most times. Rather, I normally go with get rich quick scheme or the fairly tale whisperers.

    Now, I come to understand what Mike said, especially today, that's a very powerful statement thinking about it. Because that is how things will play out at the end of the day, after all the emotions settle.

    I had a clear understanding that gold would go higher since last summer, but never trusted it, so no reaction any of "that". Instead, I bet on get rich quick scheme as before, like penny stocks. But from now on, that or any similar understandings that I have, will be capitalized, more than the other way around, for me anyway. Thanks for this wonderful awakening talk!

  11. Brother Mike, Can you please remove the sticker from your readers? We don't need to know they're #3 magnification….

  12. Enjoy the break, Mike. Even when relaxing you still help us 😊

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