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550 DOW points. Almost 100 S&P's. That's what we lost this week alone, as the market has been plunging. It seems that on October 3rd, they realized that rising rates and the Feds Quantitative tightening, might actually make it harder to keep stocks elevated. Yeah.
So in the general commentary of today's letter, I invite you all to stop by on Thursday night at 8 pm, to "Front Sight Press" on facebook. It's a show hosted by my friend Mike, and it's all about guns, self defense, ammo, you name it. I'll be on this Thursday, November 1. It should be a good show, with some good info.
In the Market commentary, we discuss whether the bull is dead, or it's got one last hurrah higher left in it. I describe what I'd need to see to believe we can make a new high. Without it, I believe we've seen the all time highs. So, give it a read. For a free investing newsletter, we try our best to make it as good as it can be, without stepping on the toes of our paying members.
Hello everyone, the new issue of the Financial Intelligence Report is posted. Today we're looking at the meltdown of our society and the outright war between the far left and the right. Facebook is banning influencers because they say they spread hate. It's BS. Facebook is a criminal data gathering monopoly, and they're stomping out free speech.
Then I post some insane headlines I gathered from around the net. The things going on are mind bending.
In the market commentary, we talk about the jobs report, which was tarted up more than a Christmas Turkey. They're so desperate now they'll make up anything to keep this market up.
NOTE>>> I have a lot to say about this Ebola thing, but since it just hit the US on Tuesday, I’m not prepared. But this weekend I’m going to talk about the entire situation. Stay tuned.
We've created a Facebook page where I'm going to be making comments about the market on a fairly consistent basis. So please go there and do the "like" thing so that any alerts or market comments I make show up on your page.
We compiled a list of “top ten things you can do to be a
better “investor” than just about anyone you know.
Please read through them, they really are good points.