Stock Market: Underneath There Are Problems Developing

Staggering amounts of debt are being created even more than in the past and who would have thought it possible that we could build up even more debt than before but we are. And it's going into markets but as you probably know not all stocks are going up.

In fact, a great number of stocks are going down and other countries in the world are not participating like we are in the US stock market. So, underneath there are more problems developing.

Peter Schiff: The Carnage on Wall Street Has Already Begun

October is just one week old and the carnage on Wall Street has already begun I wonder if the October complacency is starting to be shaken a bit with the down move that we see. The catalyst is rising interest rates which of course the markets have been ignoring.

Habits, Compound Interest & Self-Improvement

A great quote,

"Habits are the compound interest of self improvement." 

- James Clear, Author of Atomic Habits

Mark Minervini: How To Spot The End Of A Bear Market

"Once the masses accept every pullback as simply another buying opportunity and ignore the risk in stocks, the end of a bull market is near. This was the case during virtually every strong bull market in history."

- Mark Minervini, momentum stocks trader profiled in the Stock Market Wizards book (October 3rd, 2018)

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM)

Peter Schiff: How Crude Oil Can Make New All-TIme Highs

I believe that if we see a real bear market in the US Dollar in 2019-2020, by the time the 2020 election comes around oil prices could have taken out the high price that they hit back in 2008 which was around 140-150 dollars a barrel.