Month: July 2016

Yesterday, I pointed out that the markets were severely overvalued relative to earnings.

Today, I’m going to show you just how extended the S&P 500 is.

This is a chart showing the S&P 500 (black), compared to Japan (blue), China (red), and Europe (green).

As you can see, the S&P 500 has completely disconnected, not just from earnings, but from every other major stock index in the world.

For the S&P 500 to be in line with the rest of the world, it needs to fall to at least 1975 (a 9% drop).

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THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

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And if you go back to the 2009 lows, the divergence is even more extreme.

A Crash is coming.

Imagine if you’d prepared for the 2008 Crash several months ahead of time. Imagine the returns you could have seen if you had started prepping in July 2008 instead of waiting for the disaster to unfold.

I can show you how.

Since NOVEMBER 2014, Private Wealth Advisory subscribers have locked in 98 winning investments.

In fact, we just closed another double digit winner (11%) yesterday. And that one had only been open for FOUR DAYS.

Indeed, the last time we closed a losing trade was……. NOVEMBER 2014.

However, I cannot continue this incredible track record with thousands of investors following our strategies.

Based on what’s happening in the markets, we’ve extended the deadline for our current offer.

However, this is it…

TONIGHT (TUESDAY) at midnight, we are raising the price on a subscription to Private Wealth Advisory from $179 to $200.

If you have any interest in locking in one of the remaining lower cost slots… you need to move NOW!

To lock in one of the remaining $179 slots…

To lock in one of the remaining $179 slots…

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The US is in a recession.

Quarterly earnings by publicly traded corporations have fallen for SIX straight quarters. That covers a time of 18 months.

This has never happened outside of a recession.

Against this economic backdrop, stocks are in “la la land” rallying to new all-time highs.

The more earnings fall while stocks move higher, the BIGGER the bubble gets.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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Beyond this, the world’s second largest economy (China) is rapidly devaluing the Yuan. Back in August 20

Stock bubbles are formed when stocks detach from fundamentals. By the look of things, this hit in 2015. And is has gotten significantly worse since then.

At current levels, the S&P 500 needs to fall almost 40% to catch up with earnings.

A Crash is coming… we all know it. And smart investors are preparing their portfolios for it NOW before it hits.

Imagine if you’d prepared for the 2008 Crash several months ahead of time. Imagine the returns you could have seen.

I can show you how. We’re currently on an all-time record winning streak with our investments.

Since NOVEMBER 2014, Private Wealth Advisory subscribers have locked in 97 straight winning investments.

That’s correct. We’re at 97 winners… all in a row.

This is not cherry picking or ignoring losers… the last time we closed a losing trade was NOVEMBER 2014.

However, I cannot continue this incredible track record with thousands of investors following our strategies.

Tonight (MONDAY) at midnight, we are raising the price on a subscription to Private Wealth Advisory from $179 to $200.

If you have any interest in locking in one of the remaining lower cost slots… you need to move NOW!

To lock in one of the remaining $179 slots…

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s take a step back and look at the world from a 30,000 foot perspective.

First of all, the US is moving into if not already in recession. I know that the media tells us that we have unemployment below 5% and that things are great.

That is a lie.

The unemployment number in the US is a political propaganda tool and nothing more. This is especially true during election years.

We can debate about economic cycles and services economies all we like. But at the end of the day it is factually impossible that 46 million Americans are on food stamps and unemployment is sub-5%. One of those numbers is a total lie and I’m willing to bet it’s not the one that is in the millions.

If you look at economic data that is NOT used for political purposes (boring manager based items like ISM, inventory to sales ratios, etc.) it is clear the US is in recession.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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Beyond this, the world’s second largest economy (China) is rapidly devaluing the Yuan. Back in August 2015, this triggered a market meltdown. Today the Yuan is significantly lower (exporting even more deflation to the US and West) but somehow this doesn’t matter. The markets have yet to even catch a whiff of this.

And then there’s Europe, where the officials think they can sweep everything under the rug, while the Italian banking system (which is €2.5 trillion in size) is imploding.

The ECB can’t fix Greece, which is less than 20% of this.

A Crash is coming… we all know it. And smart investors are preparing their portfolios for it NOW before it hits.

Imagine if you’d prepared for the 2008 Crash several months ahead of time. Imagine the returns you could have seen.

I can show you how. We’re currently on an all-time record winning streak with our investments.

Since NOVEMBER 2014, Private Wealth Advisory subscribers have locked in 97 straight winning investments.

That’s correct. We’re at 97 winners… all in a row.

This is not cherry picking or ignoring losers… the last time we closed a losing trade was NOVEMBER 2014.

However, I cannot continue this incredible track record with thousands of investors following our strategies.

Tonight (FRIDAY) at midnight, we are raising the price on a subscription to Private Wealth Advisory from $179 to $200.

If you have any interest in locking in one of the remaining lower cost slots… you need to move NOW!

To lock in one of the remaining $179 slots…

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

While CNBC and other perma-bulls claim that the stock market is a great investment today, the smart money is already prepping for a disaster.

Goldman Sachs has told its clients to “sell at the new high.”

Credit Suisse just told its clients stocks “haven’t looked this worrisome since the tech bubble.”

They’re correct. Stocks are in a bubble by virtually every reasonable metric.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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According to CAPE, stocks have only been more expensive relative to earnings TWICE in history. Both of those situations were also massive bubbles.

The media Price to Sales (P/S) ratio for the S&P 500 is at an all-time high.

And finally, stocks, as priced in Enterprise Value to Earnings Before Interest Taxes Depreciation and Amortization (EV/EBITDA) is at levels not seen since 2000.

H/T the Euchre

A Crash is coming…and the time to prepare for it is NOW before it hits.

I can show you how.

With our latest winner closed on Tuesday, we are now up to 97 straight winning trades.

That’s correct…

For 19 months, not only have Private Wealth Advisory subscribers locked in 97 CONSECUTIVE winners including gains of 18%, 36%, 69%, even 119%...

But more importantly, throughout that ENTIRE TIME we’ve not closed a SINGLE loser.

97 closed winners… and not one closed loser… in 19 months.

Based on what’s happening in the markets today, we’ve decided to extend our deadline on our current offer to try Private Wealth Advisory by another 24 hours.

So tonight (THURSDAY) 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,

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Central Bankers are absolutely terrified.

Case in point, yesterday Cleveland Fed President Loretta Mester suggested that the “next step” in monetary policy is “Helicopter money.”

Here are the key quotes:

However, Dr Mester signalled that in the event of another shock or economic downturn that most likely option would be more quantitative easing-style money printing.

“In the US we’ve done quantitative easing and I think that’s proven to be useful,” she observed.

   So it’s my view that would be sort of the next step [helicopter money] if we ever found ourselves in a situation where we wanted to be more accommodative.

Source: ABC news

Let’s assess the progression closely…

• The Fed kept rates at ZERO for seven years.
• The Fed spent over $3 trillion in QE.
• The Fed raised rates just ONCE in the last 10 years.
• The Fed is now talking about implementing “helicopter money.”

This proves to us that the Fed knows the economy is not growing and the recovery is a false narrative.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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Why else would the Fed be calling for the most extraordinary monetary policy in history? Because the recovery is great and the Fed isn’t worried about anything?

Helicopter money is the “nuclear option”… the monetary policy that makes even QE look sane by comparison. It represents crossing the Rubicon and embarking on a trip towards Weimar.

Central Bankers are absolutely terrified. They know the whole recovery is one big lie. They know the system is on the verge of collapse. They know that the only thing propping the market higher is outright manipulation.

Smart investors, however, are preparing for what’s to come.

If you are not preparing for a bear market in stocks, you NEED to do so NOW.

I can show you how.

With our latest winner closed on Tuesday, we are now up to 97 straight winning trades.

That’s correct…

For 19 months, not only have Private Wealth Advisory subscribers locked in 97 CONSECUTIVE winners including gains of 18%, 36%, 69%, even 119%...

But more importantly, throughout that ENTIRE TIME we’ve not closed a SINGLE loser.

97 closed winners… and not one closed loser… in 19 months.

Based on what’s happening in the markets today, we’ve decided to extend our deadline on our current offer to try Private Wealth Advisory by another 24 hours.

So tonight (THURSDAY) 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,

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to stop you from getting your money out of the system during the next crisis.

This strategy has already been employed in the UK where over 50% of all funds devoted to commercial property are currently LOCKED… meaning you cannot get your money out.

Three more fund managers have stopped investors from leaving their UK property funds, trapping an additional £5.5bn and bringing to six the funds unable to meet withdrawal requests after the Brexit vote.

More than half of the £25bn of funds committed to commercial property by retail investors is now locked down by managers, who are under pressure to sell buildings to raise cash.

Henderson Global Investors said on Wednesday that it had suspended redemptions from its £3.9bn UK property fund.

Source: Business Day Live

In the US, the SEC has implemented similar regulations.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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The regulation is called Rules Provide Structural and Operational Reform to Address Run Risks in Money Market Funds. It sounds relatively innocuous until you get to the below quote:

Redemption Gates – Under the rules, if a money market fund’s level of weekly liquid assets falls below 30 percent, a money market fund’s board could in its discretion temporarily suspend redemptions (gate). To impose a gate, the board of directors would find that imposing a gate is in the money market fund’s best interests. A money market fund that imposes a gate would be required to lift that gate within 10 business days, although the board of directors could determine to lift the gate earlier. Money market funds would not be able to impose a gate for more than 10 business days in any 90-day period…

Also see…

Government Money Market Funds – Government money market funds would not be subject to the new fees and gates provisions.  However, under the proposed rules, these funds could voluntarily opt into them, if previously disclosed to investors.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542347

In simple terms, if the system is ever under duress again, Money market funds can lock in capital (meaning you can’t get your money out) for up to 10 days. If the financial system was healthy and stable, there is no reason the regulators would be implementing this kind of reform.

ore and more the financial system feels like it did in late 2007/ early 2008: the obvious cracks have emerged, but 99% of investors are ignoring them.

Smart investors, however, are preparing for what’s to come.

If you are not preparing for a bear market in stocks, you NEED to do so NOW.

I can show you how.

To wit… in the last 19 months we’ve closed out 96 straight winning trades.

That’s correct…

For 19 months, not only have Private Wealth Advisory subscribers locked in 96 CONSECUTIVE winners including gains of 18%, 36%, 69%, even 119%...

But more importantly, throughout that ENTIRE TIME we’ve not closed a SINGLE loser.

96 closed winners… and not one closed loser… in 19 months.

Based on what’s happening in the markets today, we’ve decided to extend our deadline on our current offer to try Private Wealth Advisory by another 24 hours.

So tonight (MONDAY) 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,

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

So the world has woken up and realized what we’ve been pointing out for four years now… that Europe wasn’t fixed in 2012.

European Financials have fallen back to levels not seen since the Crisis was raging to the point that France and Germany floated the idea of imposing capital and border controls.

The whole mess was “saved” based on a lie. Mario Draghi claimed he’d do “whatever it takes… and believe me it will be enough” and the markets took him at his word.

Unfortunately the math doesn’t support this. The EU banking system is leveraged at 26 to 1. Many banks are leveraged far above this. Lehman was leveraged at 30 to 1 when it imploded. People laugh that somehow that was allowed to happen in 2007… without realizing that Europe’s entire €46 trillion banking system is just below that.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

---

Since Draghi “saved” Europe in 2012, he’s cut interest rates to negative FOUR times and has implemented over €1 trillion in QE expanding the ECB’s balance sheet well above its previous record high set at the depth of the crisis.

Meanwhile, EU GDP has remained below its pre-crisis highs (both 2008 and 2011).

Meanwhile, Debt to GDP has risen to 90% for the whole of the union, with problem countries like Italy and Spain seeing their Debt to GDP ratios soar to new record highs.

The whole mess is one giant house of cards. Bankrupt nations whose debt is owned by insolvent banks which use said debt to backstop trillions of Euros worth of derivatives trades.

If Lehman was an obvious disaster waiting to happen what are the EU banks? And with the ECB itself now leveraged at over 36 to 1… who’s going to bailout this mess out?

More and more the financial system feels like it did in late 2007/ early 2008: the obvious cracks have emerged, but 99% of investors are ignoring them.

Smart investors, however, are preparing for what’s to come.

If you are not preparing for a bear market in stocks, you NEED to do so NOW.

I can show you how.

To wit… in the last 19 months we’ve closed out 96 straight winning trades.

That’s correct…

For 19 months, not only have Private Wealth Advisory subscribers locked in 96 CONSECUTIVE winners including gains of 18%, 36%, 69%, even 119%...

But more importantly, throughout that ENTIRE TIME we’ve not closed a SINGLE loser.

96 closed winners… and not one closed loser… in 19 months.

Based on what’s happening in the markets today, we’ve decided to extend our deadline on our current offer to try Private Wealth Advisory by another 24 hours.

So tonight (FRIDAY) 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,

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The rally last week was likely end of the quarter performance gaming and little else.

Fund managers have to report their returns every quarter. With the markets gyrating throughout 2Q16, fund managers were highly incentivized to gun the markets higher in order to redeem the quarter.

However, bonds (the smart money) weren’t buying it at all. Indeed, bonds really haven’t been buying any of this rally since March.

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The Single Best Options Trading Service on the Planet

THE CRISIS TRADER has produced an astounding 145% return on invested capital thus far in 2016.

We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.

Our next trade goes out this morning… you can get it and THREE others for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...

CLICK HERE NOW!!!

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Neither was the USD/JPY pair, which has lead the markets for over a year now.

More and more this mess is beginning to feel like late 2007/ early 2008: major warning signs abound, but investors continue to move into stocks believing that Central Banks will be able to maintain the bubble.

Smart investors are preparing now for what’s coming.

If you are not preparing for a bear market in stocks, you NEED to do so NOW.

I can show you how.

To wit… in the last 19 months we’ve closed out 93 straight winning trades.

That’s correct…

For 19 months, not only have Private Wealth Advisory subscribers locked in 84 CONSECUTIVE winners including gains of 18%, 36%, 69%, even 119%...

But more importantly, throughout that ENTIRE TIME we’ve not closed a SINGLE loser.

93 closed winners… and not one closed loser… in 19 months.

Based on what’s happening in the markets today, we’ve decided to extend our deadline on our current offer to try Private Wealth Advisory by another 24 hours.

So tonight (THURSDAY) 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,

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research