Monthly Archives: March 2017

If you are actively involved in the markets as a trader or investor, you need to be intensely careful regarding your political bias. Every single person has a political bias. Everyone. It’s not a bad thing. It’s just a fact. … Continue reading

Posted on by The Phoenix | Comments Off on Ignoring This Four Letter Word Means Losing Money in 2017

If you are actively involved in the markets as a trader or investor, you need to be intensely careful regarding your political bias. Every single person has a political bias. Everyone. It’s not a bad thing. It’s just a fact. … Continue reading

Posted on by The Phoenix | Comments Off on This Four Letter Word Means Losing Money in 2017.

Market narratives are myths. Look at this chart. Which asset class would have been better to own in 2017 thus far… the blue line or the black line? It’s obviously a no brainer, the black line has nearly doubled the … Continue reading

Posted on by The Phoenix | Comments Off on Ignore This All You Want… But In Two Weeks You’ll Wish You Hadn’t

The top for the first half of 2017 probably just hit. Markets do not react to what everyone knows. Markets react to surprises. And the surprise today is that the Trump administration will not be able to implement rapid reform. … Continue reading

Posted on by The Phoenix | Comments Off on Did the Top for the First Half of 2017 Just Hit?

Everywhere I look I see talk of a major $USD bull market being underway. I see this coming from CNBC as well as so-called “investment gurus.” This is odd… because the $USD is DOWN against every major currency thus far … Continue reading

Posted on by The Phoenix | Comments Off on Two of the Dumbest Market Myths About to Go Up in Smoke…

As we have repeatedly warned since mid-December, the “Trump trade” was based on hype. This is not to say that President Trump will not succeed in generating economic growth… it IS to say that whatever growth is coming will do … Continue reading

Posted on by The Phoenix | Comments Off on Warning: Three Major Bellwethers Are on Red Alert

This needs to be said. The following is not a Pro-Trump article; it is an article to gain some perspective. The people losing their minds on social media over Trump as President are some of the most lost/spoiled people on … Continue reading

Posted on by The Phoenix | Comments Off on To the People Losing Their Minds on Social Media… Want to See a REAL Problem?

The market is now on very thin ice. Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today. The S&P 500 has taken out critical support (red line) as well as the … Continue reading

Posted on by The Phoenix | Comments Off on Stocks Have Partied Hard Since Election Night… Now Comes the Hangover

The technical damage from yesterday has been severe. Does this mean that stocks won’t bounce? No. But it is a major wake up call to investors that the market is in danger of going lower. MUCH lower. The Russell 2000 … Continue reading

Posted on by The Phoenix | Comments Off on Dow Transports Signals the “Trump Bump” is Dead

The technical damage from yesterday has been severe. Does this mean that stocks won’t bounce? No. But it is a major wake up call to investors that the market is in danger of going lower. MUCH lower. The Russell 2000 … Continue reading

Posted on by The Phoenix | Comments Off on Buckle Up, a Bloodbath is Coming

Pop quiz, name the top performing asset class of thus far this year? If you guessed US stocks or bonds, you’re wrong. The top performing asset class hands down is Emerging Market stocks, followed by Gold, THEN the S&P 500, … Continue reading

Posted on by The Phoenix | Comments Off on Markets Signal Stagflation, “Gurus” Ignore to the Detriment of Their Clients

The word for this week is “caution.” We’ve now had two inside days (days in which the high and low for the day were within the boundaries of the previous day’s high and low). This indicates traders are unwilling to … Continue reading

Posted on by The Phoenix | Comments Off on Graham Summers’ Weekly Market Forecast (Inside Days and a Flight to Safety)

The following is an attempt to explain the Trump phenomenon. It is NOT a pro-Trump article; it is simply an explanation for how Trump accomplished what he did, and why so few predicted his success and the impact of his … Continue reading

Posted on by The Phoenix | Comments Off on The Only Article You Need to Read to Understand the Trump Phenomenon

Today the Fed hiked rates for the third time in eleven years. In so doing it has confirmed what many have long suspected: that the only thing that matters to the Fed is stock market levels. The Fed certainly doesn’t … Continue reading

Posted on by The Phoenix | Comments Off on Janet Yellen Just Popped the Stock Bubble

March 14, 2017 Oil may have just stopped the Bank of Japan. The fact is that in late September 2016, the Bank of Japan embarked on a new monetary policy of targeting a yield of 0% on 10-Year Japanese Government … Continue reading

Posted on by The Phoenix | Comments Off on A Crash is Coming… (Either in Oil or Stocks)

The Fed meets this week on Tuesday and Wednesday. The market believes that there is an 86% chance the Fed will be hiking rates during this meeting. The Fed has been broadcasting this for a month straight. It is possibly … Continue reading

Posted on by The Phoenix | Comments Off on Everyone is Talking About the Wrong Central Bank and the Wrong Rate Hike

The market is looking increasingly ugly. Stocks are a lot like a body of water. Anyone can see where the surface level is… but what’s occurring underneath is much more difficult to observe. Well, today the “surface” stock level looks … Continue reading

Posted on by The Phoenix | Comments Off on The Smartest Money In Stocks Isn’t Buying This Rally

The market is finally awaking to the fact that the ENTIRE move from November 8 2016 was based on hype and little else. Yesterday, Oil imploded more than 5% wiping out more than half or its “election” move in a … Continue reading

Posted on by The Phoenix | Comments Off on Oil Just Puked All Over the “Growth Miracle” Trade

The US economy continues to implode as inflation ignites. GDP Now has collapsed from 3.4% in early February to 1.3% today. It will be revised even lower based on the awful deficit numbers (the US trade deficit hit a five … Continue reading

Posted on by The Phoenix | Comments Off on It’s 1937 All Over Again: Weak GDP, Soaring Inflation, and the Fed Hiking

I want to warn you to be very VERY careful with stocks right now. The common narrative is that the US is entering a golden age in its economy and that this growth will drive stocks ever higher. The reality … Continue reading

Posted on by The Phoenix | Comments Off on Why You Should Be VERY Careful With Stocks Here (the VIX Manipulation Scheme)