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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And if you go back to the 2009 lows, the divergence is even more extreme.
A Crash is coming.
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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…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
