The market is rising… or is it?

The number of individual S&P 500 companies above their 200-day moving averages (200-DMA) has rolled over.

Put simply, the broader market is NOT confirming this move in stocks.

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So overall the momentum is leaving the market… but still the stock market index is going higher…

Why is this?

Because the market is being propped up by just a handful of Tech Companies.

Those companies are: Apple, Amazon, Microsoft, and Alphabet.

These are the single most popular companies on the planet, with every fund manager, and even the Swiss National Bank loading up on them

Remove these companies from the market, and the markets are DOWN.

Why does this matter?

Because the fundamentals for these companies are rolling over. And the investment crowd will soon be running to the exits.

Take Apple.

Sales for Apple’s #1 product (the iPhone) began to decline a year ago.  They’ve declined in THREE of the last four quarters on a Year Over Year basis.

Throughout this same time period, the company’s stock price has risen an astounding 75%.

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So… Apple’s stock has risen 75%… during a time in which its #1 product is selling less… and its trailing twelve-month revenues are below its 2015 results.

And this company, (and a handful of others like it), is holding the entire market up!

We are literally back to how the market was in late 2007… or early 2000 depending on how you look at it.

We all remember how those situations ended.

A Crash is coming… it’s going to horrific.

And smart investors will use it to make literal fortunes from it.

If you’re looking for a means to profit from this we’ve already alerted our Private Wealth Advisory subscribers to FIVE trades that could produce triple digit winners as the market plunges.

As I write this, ALL of them are up.

And we’re just getting started.

If you’d to join us, I strongly urge you to try out our weekly market advisory, Private Wealth Advisory.

Private Wealth Advisory uses stocks and ETFs to help individual investors profit from the markets.

Does it work?

Over the last two years, we’ve maintained a success rate of 86%, meaning we’ve made money on more than EIGHT out of every ten trades we make.

Yes, this includes all losers and every trade we make. If you followed our investment recommendations, you’d have beaten the market by a MASSIVE margin.

However, if you’d like to join us, you better move fast…

… because tonight at midnight, we are closing the doors on our offer to try Private Wealth Advisory for 30 days for just $0.98.

This is it… no more extensions… no more openings.

To lock in one of the remaining slots…

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Best Regards

Graham Summers
Chief Market Strategist
Phoenix Capital Research