Monthly Archives: June 2017

As we noted yesterday, the world’s Central Banks have begun sending signals that the price of money in the financial system (bond yields) is going to be rising. Why is this a big deal? Because globally the world has packed … Continue reading

Posted on by The Phoenix | Comments Off on Central Bankers Just Lit the Fuse on a $217 TRILLION Debt Bomb

Since 2007, the world has packed on a truly staggering amount of debt.  That year (2007) is now commonly referred to as a debt bubble. And at that time, global debt was $149 trillion. Today, 10 years later, it stands … Continue reading

Posted on by The Phoenix | Comments Off on Are Central Bankers Going to Intentionally Crash the System?

The Fed just “rang the bell” on the market top. Fed Chair Janet Yellen’s right hand man, John Williams made the following statement yesterday: “The stock market seems to be running pretty much on fumes,” San Francisco Federal Reserve Bank … Continue reading

Posted on by The Phoenix | Comments Off on The Fed Has Officially “Rung the Bell” For the Top

Tech is ready to implode. The NASDAQ ETF (QQQ) has broken its bull market trendline. Even worse, it has failed to reclaim this line despite a strong bounce. This is a MAJOR warning that the upwards momentum is gone. The … Continue reading

Posted on by The Phoenix | Comments Off on Is the Tech Bloodbath is Finally Here?

The market has been sending “topping” signals for weeks now. They include: 1)   Fewer and fewer companies participating in the rally. 2)   High yield credit, which leads stocks, rolling over. 3)   Weakening momentum. 4)   Dwindling volume. 5)   Market leaders (the … Continue reading

Posted on by The Phoenix | Comments Off on Is the Market About to Post a Major Top?

The Oil collapse is about to trigger a crisis in junk bonds. Oil has been going straight down for weeks now. As we write this, black gold is below $43 a barrel, down 16% from its levels a month ago. … Continue reading

Posted on by The Phoenix | Comments Off on Warning: the Oil Crash Is Just Days Away From Triggering a Debt Crisis

Last week the NY Fed downgraded its economic forecast for 2Q17 to just 1.9%. Even worse, it is now forecasting 2017 total growth to be a measly 1.5%. Yes, 1.5%. There is a clear trend to this chart… and it’s … Continue reading

Posted on by The Phoenix | Comments Off on Did Central Banks Just Pull the Plug On Another Credit Bubble?

Is the Fed About to Burst Its Third Bubble? Stocks continue to trade at nosebleed valuations. According to Fact Set, the S&P 500 is currently trading at a P/E of 21. This is well above its 10-year average of 16.7. … Continue reading

Posted on by The Phoenix | Comments Off on Is the Fed About to Burst Its Third Bubble?

  By the time CNBC starts raving about a trend, that trend is ending. Case in point, CNBC has been ragingly bullish on Tech stocks for the last month. Ironically they’re telling viewers to pile in right as Tech stocks … Continue reading

Posted on by The Phoenix | Comments Off on The Big Money Trend CNBC Won’t Tell You About

The world of finance is full of silly and arbitrary definitions. For instance, a stock market correction is when stocks drop 10%, and a Bear Market is when stocks drop 20%. Why 10% and 20%? And why a “correction” vs. … Continue reading

Posted on by The Phoenix | Comments Off on How to Make a Fortune From Stock Investing (While Being a “Bear”)

The world of finance is full of silly and arbitrary definitions. For instance, a stock market correction is when stocks drop 10%, and a Bear Market is when stocks drop 20%. Why 10% and 20%? And why a “correction” vs. … Continue reading

Posted on by The Phoenix | Comments Off on How to Make a Fortune From Stock Investing (While Being a “Bear”)

The Fed wants to start shrinking its balance sheet. That it may not start doing this right away or could reverse this at any time is irrelevant right now… The IMPORTANT THING is the Fed BROADCASTING what it wants. This … Continue reading

Posted on by The Phoenix | Comments Off on The Fed Just Pulled the Plug on the Market

The Fed concludes its June meeting today. The Fed fund futures markets put the odds of the Fed hiking rates again at 99.6%. This would mark the third rate hike by the Fed during this cycle. Why would this matter? … Continue reading

Posted on by The Phoenix | Comments Off on Warning: When the Fed Tightens, It Leads to Financial “Events”

The technical damage to the stock market has been severe. Since the start of 2017, nearly half of all market gains are coming from just five large Tech stocks. However, that move is now ending. The NASDAQ has broken its … Continue reading

Posted on by The Phoenix | Comments Off on Warning: The FANG Bounce Is Ending…

As we’ve noted time and again, this market is NOT healthy. All told, just five companies have accounted for nearly HALF of the market’s gains in 2017. Most S&P 500 companies are in fact DOWN and some are DOWN quite … Continue reading

Posted on by The Phoenix | Comments Off on Warning: Friday’s Tech Crash Could Be the Start of Something BAD

We continue to see articles and comments in the financial media proclaiming that stocks are not in a bubble. The people claiming this are either delusional or intentionally lying. Most people would argue that Warren Buffett knows a thing or … Continue reading

Posted on by The Phoenix | Comments Off on Bubble Watch: We’ve Passed 2007 and Are Closing In on 2000

The number of S&P 500 companies reporting negative earnings is rising rapidly. Why does this matter? It matters because this usually signals right before a stock market peak. Below is a chart illustrating the percentage of S&P 500 companies reporting … Continue reading

Posted on by The Phoenix | Comments Off on Warning: The Last Two Times Stock Did This Were 2000 and 2007

As we’ve been outlining for weeks now, Subprime 2.0 is the subprime auto-loan industry. And just as the collapse in the subprime mortgage lending was what signaled the beginning of the housing crisis… trouble in the subprime auto-loan industry will … Continue reading

Posted on by The Phoenix | Comments Off on The Subprime 2.0 Bubble is About to Burst

Since 2008 the financial media has been proclaiming that the US was in a “recovery.” This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion … Continue reading

Posted on by The Phoenix | Comments Off on Bombshell: The US Spent $20 MILLION Per Job Created From ’08 Onward