Month: March 2019

In the last two months every single Fed Hawk has given up on normalization.

Every. Single. One.

Throughout 2018 Fed Chair Powell maintained that he was focused EXCLUSIVELY on normalizing Fed policy by:

1)   Reducing its Balance Sheet to pre-crisis levels of ~$1 trillion, a whopping $3.5 trillion lower than the $4.5 trillion it was when Powell took the helm at the Fed.

2)   Raising interest rates to the neutral rate (the rate of GDP growth/ inflation).

Powell repeated time and again that these were his two primary objectives… no matter what. 

Then came the October-December US stock market meltdown, and Powell buckled like a paper plate.

Now, it’s big deal for a Fed Chair to abandon all pretense of hawkishness… however, major Fed decisions such as raising or lower interest rates are not made exclusively by the Fed Chair; they are made by the Federal Open Market Committee (FOMC), a group of 12 Fed officials.

In this context, Powell could be flip as dovish as he wants, but as long as the majority of the FOMC remained focused on normalizing policy, the Fed would continue to raise rates and shrink its balance sheet.

Any remote chance of that being the case is now officially over.

————————————————-

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the two weeks alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 7 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

————————————————-

Lael Brainard is a member of the FOMC. She has been EXTREMELY hawkish throughout the last 18 months.

For instance, in September 2018 she commented that she was aware of the US Treasury yield curve inverting, that she was also aware that this typically meant a recession was coming, but that she was certain this time “was different” and the yield curve would not stop the Fed from raising interest rates.

Again… Brainard was stating that the bond market was WRONG and that the Fed would continue to hike rates in September 2018.

Fast-forward to February and Brainard stated the following:

The U.S. Federal Reserve should stop paring its balance sheet by the end of this year, Governor Lael Brainard said on Thursday, suggesting the Fed could wind up with a permanently bigger balance sheet than had been expected even a few months ago.

Source: Reuters

So in four months, a major Fed hawk on the FOMC went from “an inverted yield curve doesn’t matter, we’re still hiking rates,” to “we’re not going to hike rates, and we should end QT too.”

Then there’s Richard Clarida, another FOMC member who stated back in late-October 2018 (after the stock market had already begun to collapse) that Fed policy remained “accommodative” (meaning easy) despite three rates hikes that year. Moreover, he believed the Fed would need to continue to raise rate for some time.

Fast-forward to February and Clarida is now stating that “rates are in a good place” and that “there are scenarios in which the Fed won’t hike rates in 2019.”

You get the idea… when I say that every single hawk on the FOMC has abandoned any interest in normalization of policy, I mean EVERY. SINGLE. ONE.

Why are these people so obsessed with stocks?

Because they have no idea how to generate actual economic growth. So their only option is to create bubble after bubble regardless of how bad the crises gets.

Speaking of which… the next crisis is at our doorstep. The S&P 500 has broken its bull market trendline. The last two times this happened a financial crisis hit within six months.

If you aren’t actively taking steps to prepare for this, you need to start NOW.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

In the last two months every single Fed Hawk has given up on normalization.

Every. Single. One.

Throughout 2018 Fed Chair Powell maintained that he was focused EXCLUSIVELY on normalizing Fed policy by:

1)   Reducing its Balance Sheet to pre-crisis levels of ~$1 trillion, a whopping $3.5 trillion lower than the $4.5 trillion it was when Powell took the helm at the Fed.

2)   Raising interest rates to the neutral rate (the rate of GDP growth/ inflation).

Powell repeated time and again that these were his two primary objectives… no matter what. 

Then came the October-December US stock market meltdown, and Powell buckled like a paper plate.

Now, it’s big deal for a Fed Chair to abandon all pretense of hawkishness… however, major Fed decisions such as raising or lower interest rates are not made exclusively by the Fed Chair; they are made by the Federal Open Market Committee (FOMC), a group of 12 Fed officials.

In this context, Powell could be flip as dovish as he wants, but as long as the majority of the FOMC remained focused on normalizing policy, the Fed would continue to raise rates and shrink its balance sheet.

Any remote chance of that being the case is now officially over.

————————————————-

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the two weeks alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 7 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

————————————————-

Lael Brainard is a member of the FOMC. She has been EXTREMELY hawkish throughout the last 18 months.

For instance, in September 2018 she commented that she was aware of the US Treasury yield curve inverting, that she was also aware that this typically meant a recession was coming, but that she was certain this time “was different” and the yield curve would not stop the Fed from raising interest rates.

Again… Brainard was stating that the bond market was WRONG and that the Fed would continue to hike rates in September 2018.

Fast-forward to February and Brainard stated the following:

The U.S. Federal Reserve should stop paring its balance sheet by the end of this year, Governor Lael Brainard said on Thursday, suggesting the Fed could wind up with a permanently bigger balance sheet than had been expected even a few months ago.

Source: Reuters

So in four months, a major Fed hawk on the FOMC went from “an inverted yield curve doesn’t matter, we’re still hiking rates,” to “we’re not going to hike rates, and we should end QT too.”

Then there’s Richard Clarida, another FOMC member who stated back in late-October 2018 (after the stock market had already begun to collapse) that Fed policy remained “accommodative” (meaning easy) despite three rates hikes that year. Moreover, he believed the Fed would need to continue to raise rate for some time.

Fast-forward to February and Clarida is now stating that “rates are in a good place” and that “there are scenarios in which the Fed won’t hike rates in 2019.”

You get the idea… when I say that every single hawk on the FOMC has abandoned any interest in normalization of policy, I mean EVERY. SINGLE. ONE.

Why are these people so obsessed with stocks?

Because they have no idea how to generate actual economic growth. So their only option is to create bubble after bubble regardless of how bad the crises gets.

Speaking of which… the next crisis is at our doorstep. The S&P 500 has broken its bull market trendline. The last two times this happened a financial crisis hit within six months.

If you aren’t actively taking steps to prepare for this, you need to start NOW.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

In the last two months every single Fed Hawk has given up on normalization.

Every. Single. One.

Throughout 2018 Fed Chair Powell maintained that he was focused EXCLUSIVELY on normalizing Fed policy by:

1)   Reducing its Balance Sheet to pre-crisis levels of ~$1 trillion, a whopping $3.5 trillion lower than the $4.5 trillion it was when Powell took the helm at the Fed.

2)   Raising interest rates to the neutral rate (the rate of GDP growth/ inflation).

Powell repeated time and again that these were his two primary objectives… no matter what. 

Then came the October-December US stock market meltdown, and Powell buckled like a paper plate.

Now, it’s big deal for a Fed Chair to abandon all pretense of hawkishness… however, major Fed decisions such as raising or lower interest rates are not made exclusively by the Fed Chair; they are made by the Federal Open Market Committee (FOMC), a group of 12 Fed officials.

In this context, Powell could be flip as dovish as he wants, but as long as the majority of the FOMC remained focused on normalizing policy, the Fed would continue to raise rates and shrink its balance sheet.

Any remote chance of that being the case is now officially over.

————————————————-

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the two weeks alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 7 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

————————————————-

Lael Brainard is a member of the FOMC. She has been EXTREMELY hawkish throughout the last 18 months.

For instance, in September 2018 she commented that she was aware of the US Treasury yield curve inverting, that she was also aware that this typically meant a recession was coming, but that she was certain this time “was different” and the yield curve would not stop the Fed from raising interest rates.

Again… Brainard was stating that the bond market was WRONG and that the Fed would continue to hike rates in September 2018.

Fast-forward to February and Brainard stated the following:

The U.S. Federal Reserve should stop paring its balance sheet by the end of this year, Governor Lael Brainard said on Thursday, suggesting the Fed could wind up with a permanently bigger balance sheet than had been expected even a few months ago.

Source: Reuters

So in four months, a major Fed hawk on the FOMC went from “an inverted yield curve doesn’t matter, we’re still hiking rates,” to “we’re not going to hike rates, and we should end QT too.”

Then there’s Richard Clarida, another FOMC member who stated back in late-October 2018 (after the stock market had already begun to collapse) that Fed policy remained “accommodative” (meaning easy) despite three rates hikes that year. Moreover, he believed the Fed would need to continue to raise rate for some time.

Fast-forward to February and Clarida is now stating that “rates are in a good place” and that “there are scenarios in which the Fed won’t hike rates in 2019.”

You get the idea… when I say that every single hawk on the FOMC has abandoned any interest in normalization of policy, I mean EVERY. SINGLE. ONE.

Why are these people so obsessed with stocks?

Because they have no idea how to generate actual economic growth. So their only option is to create bubble after bubble regardless of how bad the crises gets.

Speaking of which… the next crisis is at our doorstep. The S&P 500 has broken its bull market trendline. The last two times this happened a financial crisis hit within six months.

If you aren’t actively taking steps to prepare for this, you need to start NOW.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

In the last two months every single Fed Hawk has given up on normalization.

Every. Single. One.

Throughout 2018 Fed Chair Powell maintained that he was focused EXCLUSIVELY on normalizing Fed policy by:

1)   Reducing its Balance Sheet to pre-crisis levels of ~$1 trillion, a whopping $3.5 trillion lower than the $4.5 trillion it was when Powell took the helm at the Fed.

2)   Raising interest rates to the neutral rate (the rate of GDP growth/ inflation).

Powell repeated time and again that these were his two primary objectives… no matter what. 

Then came the October-December US stock market meltdown, and Powell buckled like a paper plate.

Now, it’s big deal for a Fed Chair to abandon all pretense of hawkishness… however, major Fed decisions such as raising or lower interest rates are not made exclusively by the Fed Chair; they are made by the Federal Open Market Committee (FOMC), a group of 12 Fed officials.

In this context, Powell could be flip as dovish as he wants, but as long as the majority of the FOMC remained focused on normalizing policy, the Fed would continue to raise rates and shrink its balance sheet.

Any remote chance of that being the case is now officially over.

 ————————————————-

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the two weeks alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 7 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

————————————————-

Lael Brainard is a member of the FOMC. She has been EXTREMELY hawkish throughout the last 18 months.

For instance, in September 2018 she commented that she was aware of the US Treasury yield curve inverting, that she was also aware that this typically meant a recession was coming, but that she was certain this time “was different” and the yield curve would not stop the Fed from raising interest rates.

Again… Brainard was stating that the bond market was WRONG and that the Fed would continue to hike rates in September 2018.

Fast-forward to February and Brainard stated the following:

The U.S. Federal Reserve should stop paring its balance sheet by the end of this year, Governor Lael Brainard said on Thursday, suggesting the Fed could wind up with a permanently bigger balance sheet than had been expected even a few months ago.

Source: Reuters

So in four months, a major Fed hawk on the FOMC went from “an inverted yield curve doesn’t matter, we’re still hiking rates,” to “we’re not going to hike rates, and we should end QT too.”

Then there’s Richard Clarida, another FOMC member who stated back in late-October 2018 (after the stock market had already begun to collapse) that Fed policy remained “accommodative” (meaning easy) despite three rates hikes that year. Moreover, he believed the Fed would need to continue to raise rate for some time.

Fast-forward to February and Clarida is now stating that “rates are in a good place” and that “there are scenarios in which the Fed won’t hike rates in 2019.”

You get the idea… when I say that every single hawk on the FOMC has abandoned any interest in normalization of policy, I mean EVERY. SINGLE. ONE.

Why are these people so obsessed with stocks?

Because they have no idea how to generate actual economic growth. So their only option is to create bubble after bubble regardless of how bad the crises gets.

Speaking of which… the next crisis is at our doorstep. The S&P 500 has broken its bull market trendline. The last two times this happened a financial crisis hit within six months.

If you aren’t actively taking steps to prepare for this, you need to start NOW.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

More and more “risk on” sectors are signaling that the stock market is topping.

High Yield Credit lead stocks to the upside during this rally. It’s now stalled and is rolling over.

The same is true for leveraged loans (loans made to companies at risk of default). This sector peaked in late February and has already begun to correct.

————————————————-

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the two weeks alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 7 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

————————————————-

It’s the same story for housing.

Lumber.

And Copper.

Stocks are pricing in economic perfection: an environment in which growth is high and inflation controlled. Every other risk asset is pricing in a weak economy that will soon trigger a significance “risk off” event AKA possible crash.

Choose wisely…

If you aren’t actively taking steps to prepare for this, you need to start NOW.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

So it was all BS.

For months now, the Trump administration, through both tweets from the President and countless articles published in the financial media, has proclaimed that a trade deal between the US and China was “just around the corner.”

Every single time these stories/ tweets hit the newswires, stocks have rallied on the news. Every. Single. Time.

And it was all complete BS.

How do I know this? Because Bloomberg just unintentionally revealed it more than halfway down an article concerning a possible meeting between President Trump and Premiere Xi of China.

Lighthizer this week pointed to “major issues” still unresolved in the talks, with few signs of a breakthrough on the most difficult subjects. Chinese officials have also bristled at the appearance of the deal being one-sided, and are wary of the risk of Trump walking away even if Xi were to travel to the U.S.

Source: Bloomberg (H/T Bill King)

Without an agreement on “the most difficult subjects” (i.e. IP theft, enforcement of violations) there is NO trade agreement. End of story.

—————————–——————–

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the last four days alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 10 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

---

So all the talk of progress… all the talk of being “close to a deal” was total BS used to juice stocks higher.

And the worst part is it has suckered in Mom and Pop investors like sheep to the slaughter.

The latest fund inflow data reveals investors plowed over $27 BILLION into US stock funds and ETFs in the week ended March 13^th2019. This is an all-time record.

Worst of all, they are buying right as stocks slam into resistance, failing to score a breakout (despite countless trader games). Momentum is gone here with MACD on a “Sell” signal. We also have negative divergence on the RSI.

Indeed, in the Big Picture the stock market telling us that the bull market is OVER.

The fact is that the long-term monthly S&P 500 chart shows a CLEAR rejection at its former bull market trendline. There’s really not much but air between here and 2,050 or so on the S&P 500.

That’s a 25% drop from here… so we’re talking about a literal CRASH.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

So it was all BS.

For months now, the Trump administration, through both tweets from the President and countless articles published in the financial media, has proclaimed that a trade deal between the US and China was “just around the corner.”

Every single time these stories/ tweets hit the newswires, stocks have rallied on the news. Every. Single. Time.

And it was all complete BS.

How do I know this? Because Bloomberg just unintentionally revealed it more than halfway down an article concerning a possible meeting between President Trump and Premiere Xi of China.

Lighthizer this week pointed to “major issues” still unresolved in the talks, with few signs of a breakthrough on the most difficult subjects. Chinese officials have also bristled at the appearance of the deal being one-sided, and are wary of the risk of Trump walking away even if Xi were to travel to the U.S.

Source: Bloomberg (H/T Bill King)

Without an agreement on “the most difficult subjects” (i.e. IP theft, enforcement of violations) there is NO trade agreement. End of story.

 —————————–——————–

This Might Be the Single Best Options Trading System in the Planet

Since inception in 2015, this trading system has produced average annual gains of 41%.

I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.

We’re on another winning streak, having closed out a 9%, 12% and another 12% gain in the last four days alone.

With this kind of track record, we’re closing the doors to new subscribers soon.

There are currently fewer than 10 slots left for potential subscribers.

To lock in one of the last slots…

Click Here Now!

---

So all the talk of progress… all the talk of being “close to a deal” was total BS used to juice stocks higher.

And the worst part is it has suckered in Mom and Pop investors like sheep to the slaughter.

The latest fund inflow data reveals investors plowed over $27 BILLION into US stock funds and ETFs in the week ended March 13^th2019. This is an all-time record.

Worst of all, they are buying right as stocks slam into resistance, failing to score a breakout (despite countless trader games). Momentum is gone here with MACD on a “Sell” signal. We also have negative divergence on the RSI.

Indeed, in the Big Picture the stock market telling us that the bull market is OVER.

The fact is that the long-term monthly S&P 500 chart shows a CLEAR rejection at its former bull market trendline. There’s really not much but air between here and 2,050 or so on the S&P 500.

That’s a 25% drop from here… so we’re talking about a literal CRASH.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research