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 a lot.
That’s actually the good news… because on Friday, the five companies that were driving the market (Apple, Amazon, Google, Facebook, and Microsoft) were a BLOODBATH.
Apple has now lost its bull market trendline.
So has Amazon.
And Google.
While Facebook and Microsoft are on the ledge of a cliff.
This is a MAJOR warning to the markets. When the big market leaders break down and erase months worth of gains in a single day, the momentum is gone.
I hope you’re ready.
A Crash is coming…
And smart investors will use it to make literal fortunes from it.
To pick up a FREE report outlining how to profit from the coming crash…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research