Why The Stock Market Keeps Falling

I got this message from a friend yesterday:

I’ve been writing for months about how the S&P 500 is due for a 15%-20% correction. 

And it looks like it’s here. The Federal Reserve announced it would “taper” and raise interest rates sooner than expected, sending the S&P 500 down 5% (and the Nasdaq down 10%). 

But as I’ll show you, now is not the time to abandon your investing plan.

For Whom the Bell Tolls

One of my investing mentors used to say the market often “rings bells” at the top.

By that, he means that sentiment gets outrageous when markets are near their peak.

A few “bell ringers” that come to mind are:

• An artist selling an NFT for $69 million
• Meme stocks surging 1,000% in weeks
• Rivian IPOing at $100 billion with...