I urge caution and an awareness of the downside but if you read my posts I also make it a point to stay invested for the long term and buy companies that are cash flow positive and have low debt ratios in general but still grow and have a decent price. Thus I'm not your average bear and those that accuse me of being bullish on some stocks I'm not your average bull either.

The US won't do anything. Some US oil companies are investing in oil production outside the US.

As I said time and time again, don't expect a China trade deal while Trump is in office and avoid the whiplash that is nothing more than market manipulation. Be cautious but be aware the US market can hold its own so far as there is little else to invest in in this low interest rate environment.

The beauty of Tesla is making and engineering it into a product. Taken as separate discrete parts it looks like an impossible war to win but taken as parts of a product and a energy strategy it works. If Tesla can keep costs down to drive profitability it can justify its price in the long run. If it can't then things may fall apart, however, It still has time as long as Musk can generate the cash infusions to keep it around even though it runs cash flow negative.

The decline in oil Cap Ex in the US will make it hard to pull this positive next year. The US will no longer be able to cover the rise in oil demand as it has previously.

Its amazing coal has lasted as long as it has. Oil will last for a longtime more simply because the cost for the energy it generates can't be beaten right now. 3rd world countries and China are the area of rapid growth in oil. That's why those looking at just the US and EU are badly mistaken about the growth in demand and sustainability of this sector.

Hungary's people are hungry for opportunity and it shows, It should continue to do well.

The problem with investors looking for a correction is that so many people are waiting for a correction to buy it that it bouys the market, especially the ones buying buts. Likewise, with low interest rates as long as corporate profits are rising it beats making 2% interest elsewhere. Those calling for a crash are correct in that there are a lot of worrying signs in the market, many of which have been there years or decades ago and tend to point to a bad downturn when it comes.

The issue is, when will it come. It needs a catalyst which it is lacking even now. When it comes some of their reasoning will pay off. Until then it will hurt their investment profiles as it has for the last decade.

The strange issue of this is that both sides are right to a point. The bulls are right to ride the trend until it ends. Not doing so has been making people miss out on the fun. The bears are right that when it does come to an end it is liable to be ugly due primarily to the terrible actions of the Federal Reserve to pump up a bull at the cost of measures which are traditionally used to support the market during a downturn.

Yes the market looks tasty, but beware at the same time. There are a lot of warning signs which bolsters the bulls but if they tip over could well be a hallmark of a ugly bear. 2020 will be likely harder to call than other years as the election cycle adds even more volatility.

Indeed people's exposure to Apple is much higher than they should be, however, the main cause is due to their lax investments in mutual funds and indexes. Apple is doing fine but growth from here will get harder due to the law of large numbers and the weakening of the handset market.