Month: May 2019

The technical damage from last week was pretty severe.

Despite multiple Trump administration interventions… as well as the usual Wall Street ramp jobs for options expiration, the S&P 500 finished the week below its 50-day moving average (DMA).

This will now act as overhead resistance for the market.

The debt markets indicate we might get final push to break above 2,900… but that would be IT as far as this corrective bounce is concerned.

I say “corrective” bounce because the fact is that despite the Trump administration’s best efforts, stocks never reclaimed their long-term bull market trendline. Indeed, this latest bounce ended with a CLEAR REJECTION by this trendline.

Which means… it IS officially a bear market… and the downside target is MUCH lower than most expect (blue line in the chart above).

The time to start preparing for this is NOW, before the move hits.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

As I write this, there are only 11 copies left.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May.

From a metaphoric perspective, I call this bounce the “bargaining” phase for the markets… as they work through the five stages of grief (denial, anger, bargaining, depression and acceptance) related to the US/ China trade deal.

This stage will likely last a few weeks into the end of May/ early June. The S&P 500 has broken its downtrend (red lines) and retained support (blue lines).

We will likely see a run to 2,900 in the next week or so. This won’t be a straight line… but more of a slow grind higher… as the market continues to “bargain” with the idea that China and the US might come to a trade agreement.

This move will represent a “backtest” of the old trendline for the rally (red line in chart below).

After that comes the “depression/ acceptance” stages… at which point stocks will drop to the 2,600s… at least (blue line in chart below).

If you’re looking for a road map to successfully trade this environment… we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As I outlined yesterday, the markets are currently staging a relief bounce from the initial drop that began in early May.

From a metaphoric perspective, I call this bounce the “bargaining” phase for the markets… as they work through the five stages of grief (denial, anger, bargaining, depression and acceptance) related to the US/ China trade deal.

This stage will likely last a few weeks into the end of May/ early June. The S&P 500 has broken its downtrend (red lines) and retained support (blue lines).

We will likely see a run to 2,900 in the next week or so. This won’t be a straight line… but more of a slow grind higher… as the market continues to “bargain” with the idea that China and the US might come to a trade agreement.

This move will represent a “backtest” of the old trendline for the rally (red line in chart below).

After that comes the “depression/ acceptance” stages… at which point stocks will drop to the 2,600s… at least (blue line in chart below).

If you’re looking for a road map to successfully trade this environment… we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The trade deal is officially dead… and the market has begun grieving…

Now, there are five stages to grieving… and the market is slowing working its way through all five of them…

They are: denial, anger, bargaining, depression and acceptance

The “denial stage” was most of April… when it was plain as day a trade deal was not coming… but stocks kept holding up… that is represented by the blue square in the chart below.

The “anger stage” started with a vengeance in May… when the market entered a multi-week drop. That stage is represented by the red square in the chart below.

Which brings us to the “bargaining stage”… in which the market believes that somehow or another the trade deal might be salvaged. As a result, stocks are attempting to break out of their downtrend to stage a significant bounce.

This might last a week or two… but then will come the depression stage… followed by the acceptance stage.

Those stages will see stocks finally “give up hope” and collapse to where other asset classes that are more closely aligned with what’s REALLY happening in the global economy… specifically BONDS… are trading.

If you’re looking for a road map to successfully trade this environment… we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The trade deal is officially dead… and the market has begun grieving…

Now, there are five stages to grieving… and the market is slowing working its way through all five of them… 

They are: denial, anger, bargaining, depression and acceptance  

The “denial stage” was most of April… when it was plain as day a trade deal was not coming… but stocks kept holding up… that is represented by the blue square in the chart below.

The “anger stage” started with a vengeance in May… when the market entered a multi-week drop. That stage is represented by the red square in the chart below.

Which brings us to the “bargaining stage”… in which the market believes that somehow or another the trade deal might be salvaged. As a result, stocks are attempting to break out of their downtrend to stage a significant bounce.

This might last a week or two… but then will come the depression stage… followed by the acceptance stage.

Those stages will see stocks finally “give up hope” and collapse to where other asset classes that are more closely aligned with what’s REALLY happening in the global economy… specifically BONDS… are trading.

If you’re looking for a road map to successfully trade this environment… we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research