Stocks exploded higher yesterday on announcements that the coronavirus pandemic appears to be slowing.

The rally has continued in the overnight session. The S&P 500 will be opening north of 2,700, well above a 38.2% retracement and closing in on a 50% retracement of its collapse.

This is certainly an exciting development, but unfortunately, we are not yet in the all clear as far as systemic problems for the financial markets.

The debt markets (also called credit markets) are larger and more sophisticated than the stock markets.

Indeed, credit picked up on the corona-collapse weeks before stocks did (red circle vs. blue circle in the chart below).

With that in mind, the credit markets continue to signal MAJOR problems exist in the financial system. High yield credit has failed to catch a bid and is in fact trending DOWN during the last week.

Bear in mind, these are JUNK bonds, so you’d expect a struggle during an economic downturn. Far more worrisome is the fact that high quality credit (meaning credit for companies that are allegedly well financed/less risky) is ALSO struggling.

This is particularly concerning when you consider that the Fed has announced it will be buying these bonds with an unlimited budget.

By way of comparison, consider what these credit instruments did during the late 2018-early 2019 “V” bottom which resulted in one of the best years for stocks in history. At that time, investment grade credit only struggled with resistance for a day or two before exploding higher (see the action below the red line in the chart below). And that the Fed WASN’T buying these bonds at that time either!

Again, the credit markets are signaling something BAD is happening “behind the scenes” in the financial system.

Stocks believe the worst is over, but credit tells us that is not yet the case. And credit is usually right.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

Today is the last day this report will be available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted on by The Phoenix | Comments Off on The Covid-19 Pandemic is Ending… Now Comes the Economic Fallout

Credit Forecast the Crisis Weeks Before Stocks… So What Is It Saying Today?

Stocks exploded higher yesterday on announcements that the coronavirus pandemic appears to be slowing.

The rally has continued in the overnight session. The S&P 500 will be opening north of 2,700, well above a 38.2% retracement and closing in on a 50% retracement of its collapse.

This is certainly an exciting development, but unfortunately, we are not yet in the all clear as far as systemic problems for the financial markets.

The debt markets (also called credit markets) are larger and more sophisticated than the stock markets.

Indeed, credit picked up on the corona-collapse weeks before stocks did (red circle vs. blue circle in the chart below).

With that in mind, the credit markets continue to signal MAJOR problems exist in the financial system. High yield credit has failed to catch a bid and is in fact trending DOWN during the last week.

Bear in mind, these are JUNK bonds, so you’d expect a struggle during an economic downturn. Far more worrisome is the fact that high quality credit (meaning credit for companies that are allegedly well financed/less risky) is ALSO struggling.

This is particularly concerning when you consider that the Fed has announced it will be buying these bonds with an unlimited budget.

By way of comparison, consider what these credit instruments did during the late 2018-early 2019 “V” bottom which resulted in one of the best years for stocks in history. At that time, investment grade credit only struggled with resistance for a day or two before exploding higher (see the action below the red line in the chart below). And that the Fed WASN’T buying these bonds at that time either!

Again, the credit markets are signaling something BAD is happening “behind the scenes” in the financial system.

Stocks believe the worst is over, but credit tells us that is not yet the case. And credit is usually right.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

Today is the last day this report will be available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Head Fake | Comments Off on Credit Forecast the Crisis Weeks Before Stocks… So What Is It Saying Today?

Do Not Look At These Charts If You Think the Worst is Over


Stocks exploded higher yesterday on announcements that the coronavirus pandemic appears to be slowing.

The rally has continued in the overnight session. The S&P 500 will be opening north of 2,700, well above a 38.2% retracement and closing in on a 50% retracement of its collapse.

This is certainly an exciting development, but unfortunately, we are not yet in the all clear as far as systemic problems for the financial markets.

The debt markets (also called credit markets) are larger and more sophisticated than the stock markets.

Indeed, credit picked up on the corona-collapse weeks before stocks did (red circle vs. blue circle in the chart below).

With that in mind, the credit markets continue to signal MAJOR problems exist in the financial system. High yield credit has failed to catch a bid and is in fact trending DOWN during the last week.

Bear in mind, these are JUNK bonds, so you’d expect a struggle during an economic downturn. Far more worrisome is the fact that high quality credit (meaning credit for companies that are allegedly well financed/less risky) is ALSO struggling.

This is particularly concerning when you consider that the Fed has announced it will be buying these bonds with an unlimited budget.

By way of comparison, consider what these credit instruments did during the late 2018-early 2019 “V” bottom which resulted in one of the best years for stocks in history. At that time, investment grade credit only struggled with resistance for a day or two before exploding higher (see the action below the red line in the chart below). And that the Fed WASN’T buying these bonds at that time either!

Again, the credit markets are signaling something BAD is happening “behind the scenes” in the financial system.

Stocks believe the worst is over, but credit tells us that is not yet the case. And credit is usually right.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

Today is the last day this report will be available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Do Not Look At These Charts If You Think the Worst is Over

What’s Going on With the VIX?


On Friday the markets broke down.

However, given how negative the news was that day, it is quite telling that the collapse was relatively muted.

The S&P 500 did break initial support (first blue line) but managed to hold secondary support (second blue line). Given that Dr. Fauci of the NIH suggested a national “stay at home” order on Friday, you’d expect a bigger breakdown here.

The other positive development concerns the Volatility Index or VIX.  

———————————————————–

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An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Typically, the VIX rallies when stocks breakdown… which is why it’s odd that the VIX FELL on Friday despite stocks dropping.

What’s even more strange is the VIX actually peaked March 19th and has been in a downtrend ever since. The VIX is a much more complicated investment instrument than the stock market. Is the VIX telling us that the bottom is in?

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Trading Opportunity | Comments Off on What’s Going on With the VIX?

Two Charts Indicate Stocks Might Have Bottomed… What’s Next?


On Friday the markets broke down.

However, given how negative the news was that day, it is quite telling that the collapse was relatively muted.

The S&P 500 did break initial support (first blue line) but managed to hold secondary support (second blue line). Given that Dr. Fauci of the NIH suggested a national “stay at home” order on Friday, you’d expect a bigger breakdown here.

The other positive development concerns the Volatility Index or VIX.  

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Typically, the VIX rallies when stocks breakdown… which is why it’s odd that the VIX FELL on Friday despite stocks dropping.

What’s even more strange is the VIX actually peaked March 19th and has been in a downtrend ever since. The VIX is a much more complicated investment instrument than the stock market. Is the VIX telling us that the bottom is in?

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Trading Opportunity | Comments Off on Two Charts Indicate Stocks Might Have Bottomed… What’s Next?

Is the Bottom Finally In For Stocks and If So… How Best to Profit?


On Friday the markets broke down.

However, given how negative the news was that day, it is quite telling that the collapse was relatively muted.

The S&P 500 did break initial support (first blue line) but managed to hold secondary support (second blue line). Given that Dr. Fauci of the NIH suggested a national “stay at home” order on Friday, you’d expect a bigger breakdown here.

The other positive development concerns the Volatility Index or VIX.  

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Typically, the VIX rallies when stocks breakdown… which is why it’s odd that the VIX FELL on Friday despite stocks dropping.

What’s even more strange is the VIX actually peaked March 19th and has been in a downtrend ever since. The VIX is a much more complicated investment instrument than the stock market. Is the VIX telling us that the bottom is in?

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Trading Opportunity | Comments Off on Is the Bottom Finally In For Stocks and If So… How Best to Profit?

The Fed’s “Canary in the Coalmine” is in Serious Trouble


The single most important chart in the world right now is investment grade credit spreads.

The Fed has announced it will buy investment grade corporate debt for the first time in history. The Fed also announced that it will be directly buying investment grade corporate debt ETFs like $LQD.

With that in mind, credit spreads on investment grade corporate debt have become “the canary in the coal mine” for this Fed intervention. If they collapse in a significant way despite the Fed buying them, then we know the Fed has failed to prop up the system.

You can see this in the below chart. Credit spreads for investment grade corporate debt actually bottomed on Thursday March 19th. Stocks didn’t bottom until Monday of the following week.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Again, credit is leading stocks here. So if you want to get an idea of where the markets are heading you NEED to watch credit. 

With that in mind, yesterday’s breakdown was extremely dangerous for the credit markets. As you can see in the chart below, the drop brought credit right to THE line of CRITICAL support.

If we see a breakdown from here, then it’s HIGHLY likely the system will go back into a panic and we will see new lows for stocks.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on The Fed’s “Canary in the Coalmine” is in Serious Trouble

If This Chart Breaks Down, We Crash


The single most important chart in the world right now is investment grade credit spreads.

The Fed has announced it will buy investment grade corporate debt for the first time in history. The Fed also announced that it will be directly buying investment grade corporate debt ETFs like $LQD.

With that in mind, credit spreads on investment grade corporate debt have become “the canary in the coal mine” for this Fed intervention. If they collapse in a significant way despite the Fed buying them, then we know the Fed has failed to prop up the system.

You can see this in the below chart. Credit spreads for investment grade corporate debt actually bottomed on Thursday March 19th. Stocks didn’t bottom until Monday of the following week.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Again, credit is leading stocks here. So if you want to get an idea of where the markets are heading you NEED to watch credit. 

With that in mind, yesterday’s breakdown was extremely dangerous for the credit markets. As you can see in the chart below, the drop brought credit right to THE line of CRITICAL support.

If we see a breakdown from here, then it’s HIGHLY likely the system will go back into a panic and we will see new lows for stocks.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on If This Chart Breaks Down, We Crash

This is the Single Most Important Chart in the World Right Now


The single most important chart in the world right now is investment grade credit spreads.

The Fed has announced it will buy investment grade corporate debt for the first time in history. The Fed also announced that it will be directly buying investment grade corporate debt ETFs like $LQD.

With that in mind, credit spreads on investment grade corporate debt have become “the canary in the coal mine” for this Fed intervention. If they collapse in a significant way despite the Fed buying them, then we know the Fed has failed to prop up the system.

You can see this in the below chart. Credit spreads for investment grade corporate debt actually bottomed on Thursday March 19th. Stocks didn’t bottom until Monday of the following week.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Again, credit is leading stocks here. So if you want to get an idea of where the markets are heading you NEED to watch credit. 

With that in mind, yesterday’s breakdown was extremely dangerous for the credit markets. As you can see in the chart below, the drop brought credit right to THE line of CRITICAL support.

If we see a breakdown from here, then it’s HIGHLY likely the system will go back into a panic and we will see new lows for stocks.

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in The Markets | Comments Off on This is the Single Most Important Chart in the World Right Now

If Stocks Were Going to Roll Over… This is Where They’d Do It

Stocks are roughly flat this morning.

The issue for everyone is whether THE bottom is in, or if it’s simply just “a” bottom and stocks are due to retest the lows.

No one knows the answer to this. If your advisor or some pundit claims they do, they are lying.

The reality is that regardless of whether or not the Covid-19 pandemic ends sooner rather than later, the economic fallout from this mess is very real.

Personally, I am watching the credit markets very closely to see how this plays out. Credit leads stocks. And credit is where we’ll see signs of duress long before stocks pick up on it.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

High yield credit spreads have rallied strongly but are struggling to close the gap from the limit down open on Monday March 16th (red box). Personally, I want to see this gap closed before moving aggressively back into the markets.

The same is true for investment grade credit spreads. Here, spreads have actually entered the gap, but have yet to break above it.

Considering the Fed has broadcasted it would be buying investment grade credit with “unlimited QE” I am surprised credit is struggling here.

If both credit spreads break above their gaps, I’d issue an “all clear” on stocks. But right now, they’re struggling to move higher.

This, combined with the fact that breadth is struggling to break above resistance (red line in the chart below), has me concerned we are going to see another significant drop.

These are the three charts I personally am watching to determine what the next move is for the markets.

In the meantime, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on If Stocks Were Going to Roll Over… This is Where They’d Do It

Is the Bottom In? Use These Three Charts to Find Out!

Stocks are roughly flat this morning.

The issue for everyone is whether THE bottom is in, or if it’s simply just “a” bottom and stocks are due to retest the lows.

No one knows the answer to this. If your advisor or some pundit claims they do, they are lying.

The reality is that regardless of whether or not the Covid-19 pandemic ends sooner rather than later, the economic fallout from this mess is very real.

Personally, I am watching the credit markets very closely to see how this plays out. Credit leads stocks. And credit is where we’ll see signs of duress long before stocks pick up on it.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

High yield credit spreads have rallied strongly but are struggling to close the gap from the limit down open on Monday March 16th (red box). Personally, I want to see this gap closed before moving aggressively back into the markets.

The same is true for investment grade credit spreads. Here, spreads have actually entered the gap, but have yet to break above it.

Considering the Fed has broadcasted it would be buying investment grade credit with “unlimited QE” I am surprised credit is struggling here.

If both credit spreads break above their gaps, I’d issue an “all clear” on stocks. But right now, they’re struggling to move higher.

This, combined with the fact that breadth is struggling to break above resistance (red line in the chart below), has me concerned we are going to see another significant drop.

These are the three charts I personally am watching to determine what the next move is for the markets.

In the meantime, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on Is the Bottom In? Use These Three Charts to Find Out!

These Are the Three Charts I’m Watching To Determine if the Bottom Is In


Stocks are roughly flat this morning.

The issue for everyone is whether THE bottom is in, or if it’s simply just “a” bottom and stocks are due to retest the lows.

No one knows the answer to this. If your advisor or some pundit claims they do, they are lying.

The reality is that regardless of whether or not the Covid-19 pandemic ends sooner rather than later, the economic fallout from this mess is very real.

Personally, I am watching the credit markets very closely to see how this plays out. Credit leads stocks. And credit is where we’ll see signs of duress long before stocks pick up on it.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

High yield credit spreads have rallied strongly but are struggling to close the gap from the limit down open on Monday March 16th (red box). Personally, I want to see this gap closed before moving aggressively back into the markets.

The same is true for investment grade credit spreads. Here, spreads have actually entered the gap, but have yet to break above it.

Considering the Fed has broadcasted it would be buying investment grade credit with “unlimited QE” I am surprised credit is struggling here.

If both credit spreads break above their gaps, I’d issue an “all clear” on stocks. But right now, they’re struggling to move higher.

This, combined with the fact that breadth is struggling to break above resistance (red line in the chart below), has me concerned we are going to see another significant drop.

These are the three charts I personally am watching to determine what the next move is for the markets.

In the meantime, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on These Are the Three Charts I’m Watching To Determine if the Bottom Is In

Panic is Subsiding… But What Will Be the Secondary Effects?

Stocks are up somewhat this morning.

This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to limit down (March 2nd and 9th).

In the simplest of terms, the panic in the markets appears to be abating. It is clear stocks have broken the downtrend from the panic (blue lines). What is not clear is whether this rally will continue or not.

Stocks stalled out under resistance (red line) last week. A break above that line would open the door to a run to 3,000.

At the end of the day, stocks are actually a minor player in this mess. The BIG story is what happens with the bond markets.

Going into last week, it was clear the financial system was facing a debt crisis. Across the board everything from corporate bonds to municipal bonds were breaking down in a catastrophic fashion.

The Fed managed to stop this massacre by announcing it would backstop everything.  

The question now is whether that will be enough. Bonds have staged a major bounce in the last five days, but what happens if they turn down again?

Will the Fed’s announcement that it intends to buy corporate bonds be enough to stop the $10 trillion corporate bond bubble from imploding? 

What about the $16-$19 trillion commercial real estate market? Will the shutdown, which has closed so many restaurants and retailers, result in a crisis in this market as businesses begin skipping monthly payments or breaking contracts outright?

And what about the $23 trillion U.S. treasury bubble? Will the $2 trillion in stimulus, which both the President and the Democrats have suggested will be the first of several, be what finally pushes the U.S.’s debt loads into a crisis?

We don’t have answers to any of these questions yet.

The fact stocks have rallied 17% makes investors feel better about things, but it doesn’t do anything to address the larger systemic issues facing the markets today.

Indeed, the only thing of which we CAN be certain is that the Powers That Be are going to address ALL of these issues by printing money.

And that is going to induce higher inflation.

Note that Gold has broken out against the $USD, the Japanese Yen, and the Euro.

This is telling us that the first round of the crisis, the deflationary collapse, will be ending. But the second round, the INFLATIONARY tidal wave, is only just beginning.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 99 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Inflation | Comments Off on Panic is Subsiding… But What Will Be the Secondary Effects?

Gold Has Broken Out Against Every Major Currency

Stocks are up somewhat this morning.

This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to limit down (March 2nd and 9th).

In the simplest of terms, the panic in the markets appears to be abating. It is clear stocks have broken the downtrend from the panic (blue lines). What is not clear is whether this rally will continue or not.

Stocks stalled out under resistance (red line) last week. A break above that line would open the door to a run to 3,000.

At the end of the day, stocks are actually a minor player in this mess. The BIG story is what happens with the bond markets.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Going into last week, it was clear the financial system was facing a debt crisis. Across the board everything from corporate bonds to municipal bonds were breaking down in a catastrophic fashion.

The Fed managed to stop this massacre by announcing it would backstop everything.  

The question now is whether that will be enough. Bonds have staged a major bounce in the last five days, but what happens if they turn down again?

Will the Fed’s announcement that it intends to buy corporate bonds be enough to stop the $10 trillion corporate bond bubble from imploding? 

What about the $16-$19 trillion commercial real estate market? Will the shutdown, which has closed so many restaurants and retailers, result in a crisis in this market as businesses begin skipping monthly payments or breaking contracts outright?

And what about the $23 trillion U.S. treasury bubble? Will the $2 trillion in stimulus, which both the President and the Democrats have suggested will be the first of several, be what finally pushes the U.S.’s debt loads into a crisis?

We don’t have answers to any of these questions yet.

The fact stocks have rallied 17% makes investors feel better about things, but it doesn’t do anything to address the larger systemic issues facing the markets today.

Indeed, the only thing of which we CAN be certain is that the Powers That Be are going to address ALL of these issues by printing money.

And that is going to induce higher inflation.

Note that Gold has broken out against the $USD, the Japanese Yen, and the Euro.

This is telling us that the first round of the crisis, the deflationary collapse, will be ending. But the second round, the INFLATIONARY tidal wave, is only just beginning.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 99 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Inflation | Comments Off on Gold Has Broken Out Against Every Major Currency

What Will Be the Unintended Consequences of Printing Trillions of Dollars to Backstop the Entire System?


Stocks are up somewhat this morning.

This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to limit down (March 2nd and 9th).

In the simplest of terms, the panic in the markets appears to be abating. It is clear stocks have broken the downtrend from the panic (blue lines). What is not clear is whether this rally will continue or not.

Stocks stalled out under resistance (red line) last week. A break above that line would open the door to a run to 3,000.

At the end of the day, stocks are actually a minor player in this mess. The BIG story is what happens with the bond markets.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

Going into last week, it was clear the financial system was facing a debt crisis. Across the board everything from corporate bonds to municipal bonds were breaking down in a catastrophic fashion.

The Fed managed to stop this massacre by announcing it would backstop everything.  

The question now is whether that will be enough. Bonds have staged a major bounce in the last five days, but what happens if they turn down again?

Will the Fed’s announcement that it intends to buy corporate bonds be enough to stop the $10 trillion corporate bond bubble from imploding? 

What about the $16-$19 trillion commercial real estate market? Will the shutdown, which has closed so many restaurants and retailers, result in a crisis in this market as businesses begin skipping monthly payments or breaking contracts outright?

And what about the $23 trillion U.S. treasury bubble? Will the $2 trillion in stimulus, which both the President and the Democrats have suggested will be the first of several, be what finally pushes the U.S.’s debt loads into a crisis?

We don’t have answers to any of these questions yet.

The fact stocks have rallied 17% makes investors feel better about things, but it doesn’t do anything to address the larger systemic issues facing the markets today.

Indeed, the only thing of which we CAN be certain is that the Powers That Be are going to address ALL of these issues by printing money.

And that is going to induce higher inflation.

Note that Gold has broken out against the $USD, the Japanese Yen, and the Euro.

This is telling us that the first round of the crisis, the deflationary collapse, will be ending. But the second round, the INFLATIONARY tidal wave, is only just beginning.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 99 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on What Will Be the Unintended Consequences of Printing Trillions of Dollars to Backstop the Entire System?

Industrial Metals Are Rolling Over… is the Next Leg Down Here?

Stocks are red this morning.

If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp two-day bounce.

As Bill King recently noted, throughout history there are two only two other instances in which stocks crashed this rapidly. Those are the crash of 1929 and the crash of 1987.

Both of them featured a swift double-digit decline of over 20% in a matter of days.

Both of them featured a MASSIVE two-day rally that saw stocks rise 20%.

Both of them then saw stocks roll over to either retest the lows (1987) or fall to new lows (1929).

The crash of 1929 saw stocks lose 34% in the span of a few days before staging a massive two-day rally of 18%. Stocks then dropped to new lows.

The crash of 1987 saw stocks fall 22% in a single day. They then staged a massive two-day rally of nearly 20% before falling to retest the lows.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

The point is that this week’s massive bounce doesn’t mean the lows are in. We are still in watch and wait mode for the markets. It would be perfectly normal to retest the lows or even break to new nominal lows.

Having said that, the credit markets, which lead stocks have shown signs of improvement,

High yield credit spreads haven broken above resistance (red line). What happens here is key. If they move to close the gap then the rally has legs. If they don’t we’re dropping

The same is true for investment grade credit spreads.

One thing that gives me concern is the fact that industrial metals companies, which are closely aligned with the real economy, all began to roll over yesterday.

I continue to believe stocks will retest the lows and possibly even break to new lows. 

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this there are 39 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Industrial Metals Are Rolling Over… is the Next Leg Down Here?

The Panic is Ending… The Bounce Has Hit… What’s Next for Stocks ?

Stocks are red this morning.

If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp two-day bounce.

As Bill King recently noted, throughout history there are two only two other instances in which stocks crashed this rapidly. Those are the crash of 1929 and the crash of 1987.

Both of them featured a swift double-digit decline of over 20% in a matter of days.

Both of them featured a MASSIVE two-day rally that saw stocks rise 20%.

Both of them then saw stocks roll over to either retest the lows (1987) or fall to new lows (1929).

The crash of 1929 saw stocks lose 34% in the span of a few days before staging a massive two-day rally of 18%. Stocks then dropped to new lows.

The crash of 1987 saw stocks fall 22% in a single day. They then staged a massive two-day rally of nearly 20% before falling to retest the lows.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

The point is that this week’s massive bounce doesn’t mean the lows are in. We are still in watch and wait mode for the markets. It would be perfectly normal to retest the lows or even break to new nominal lows.

Having said that, the credit markets, which lead stocks have shown signs of improvement,

High yield credit spreads haven broken above resistance (red line). What happens here is key. If they move to close the gap then the rally has legs. If they don’t we’re dropping

The same is true for investment grade credit spreads.

One thing that gives me concern is the fact that industrial metals companies, which are closely aligned with the real economy, all began to roll over yesterday.

I continue to believe stocks will retest the lows and possibly even break to new lows. 

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this there are 39 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on The Panic is Ending… The Bounce Has Hit… What’s Next for Stocks ?

Three Charts Every Investor Needs to See Today (Is the Bottom In?)

Stocks are red this morning.

If you’ve been following my work this week, you shouldn’t be surprised. History tells us that after sharp, severe crashes such as the one from late February to this week, there is usually a sharp two-day bounce.

As Bill King recently noted, throughout history there are two only two other instances in which stocks crashed this rapidly. Those are the crash of 1929 and the crash of 1987.

Both of them featured a swift double-digit decline of over 20% in a matter of days.

Both of them featured a MASSIVE two-day rally that saw stocks rise 20%.

Both of them then saw stocks roll over to either retest the lows (1987) or fall to new lows (1929).

The crash of 1929 saw stocks lose 34% in the span of a few days before staging a massive two-day rally of 18%. Stocks then dropped to new lows.

The crash of 1987 saw stocks fall 22% in a single day. They then staged a massive two-day rally of nearly 20% before falling to retest the lows.

———————————————————–

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

The point is that this week’s massive bounce doesn’t mean the lows are in. We are still in watch and wait mode for the markets. It would be perfectly normal to retest the lows or even break to new nominal lows.

Having said that, the credit markets, which lead stocks have shown signs of improvement,

High yield credit spreads haven broken above resistance (red line). What happens here is key. If they move to close the gap then the rally has legs. If they don’t we’re dropping

The same is true for investment grade credit spreads.

One thing that gives me concern is the fact that industrial metals companies, which are closely aligned with the real economy, all began to roll over yesterday.

I continue to believe stocks will retest the lows and possibly even break to new lows. 

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this there are 39 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Three Charts Every Investor Needs to See Today (Is the Bottom In?)

Did the Dead Cat Bounce Just End? What’s Next For Stocks?


As I noted in yesterday’s article, the market was bouncing strongly, but “we’re not out of the woods yet.”

Stocks slammed into overhead resistance yesterday and then retraced half of the day’s gains. This is not a good look if this rally is going to have legs. Stocks should have at least taken out the first line of real resistance with little difficulty.

The story was identical for high yield credit: a rollover that retraced half of the day’s gains. Here again we should have a stronger rally given how oversold the markets are.

———————————————————-  

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500. 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

The one bright spot is investment grade credit, which managed to break through resistance. Given that this sector is being bought by the Fed for the first time ever… and that the Fed is buying it with “unlimited QE,” even this was not too outstanding. It is, however, one bright spot in what was overall a very lackluster day for risk yesterday.

I continue to believe stocks will retest the lows and possibly even break to new lows. Put another way, now is not the time to rush in and start buying.

My point with all of this is to NOT rush into stock right now. Do not worry about trying to catch a bottom or timing the exact low on the markets. You’re much better off waiting for clear signals that the market has DEFINITIVELY bottomed and THEN start buying.

My point with all of this is to NOT rush into stock right now. Do not worry about trying to catch a bottom or timing the exact low on the markets. You’re much better off waiting for clear signals that the market has DEFINITIVELY bottomed and THEN start buying.

Best Regards

Graham Summers

Chief Market Startegist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Did the Dead Cat Bounce Just End? What’s Next For Stocks?

Yesterday’s action was positive, but we’re not out of the woods by any stretch.

Stocks roared higher with the Dow closing up 11% for its largest single day gain since 1933. Across the board, the buying was extremely strong with 90% of trading volume being up by end of the day.

However, we are not out of the woods yet.

As Bill King recently noted, throughout history there are two only two other instances in which stocks crashed this rapidly. Those are the crash of 1929 and the crash of 1987.

Both of them featured a swift double-digit decline of over 20% in a matter of days.

Both of them featured a MASSIVE two-day rally that saw stocks rise 20%.

Both of them then saw stocks roll over to either retest the lows (1987) or fall to new lows (1929).

———————————————————-  

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

An annual subscription to all of our current newsletters costs $1,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

Today is the last day this offer is available.

To lock in one of the remaining slots…

CLICK HERE NOW!!! 

———————————————————–

The crash of 1929 saw stocks lose 34% in the span of a few days before staging a massive two-day rally of 18%. Stocks then dropped to new lows.

The crash of 1987 saw stocks fall 22% in a single day. They then staged a massive two-day rally of nearly 20% before falling to retest the lows.

The point is that yesterday’s massive bounce doesn’t mean the lows are in. We are still in watch and wait mode for the markets.

On that note, high yield credit spreads have broken out of their downtrend. However, they have MAJOR resistance right overhead. That HAS to be broken for this rally to have any legs.

Investment grade credit spreads, which have lead credit during this bounce courtesy of the Fed announcing it will start buying investment grade corporate debt, have already slammed into resistance and rolled over.

My point with all of this is to NOT rush into stock right now. Do not worry about trying to catch a bottom or timing the exact low on the markets. You’re much better off waiting for clear signals that the market has DEFINITIVELY bottomed and THEN start buying.

Best Regards

Graham Summers

Chief Market Startegist

Phoenix Capital Research

Posted on by The Phoenix | Comments Off on Look to Credit, Not Stocks For Signs of a Bottom