Month: June 2020

Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

The #1 Question I am Receiving From Readers

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

Warning: Stocks Do NOT Care About the Economy

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

Worried About Whether the Markets Will Crash Again? Read On!


Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

The Fed’s Couldn’t Even Stomach a 10% Drop in Stocks… It’s Officially in the Bubble Business

The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

The Fed Just Admitted It Won’t Stop Printing Money For YEARS… Here’s How to Profit From This


The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity, Inflation
The Fed Is Moving to Corner All Risk… Will Inflation Be the Unintended Consequence?

The Fed Is Moving to Corner All Risk… Will Inflation Be the Unintended Consequence?

The Fed stepped in to save stocks yesterday.

At the time, the market was experiencing its first significant decline since the March 23rd bottom, falling ~10% from peak to trough. From a technical analysis perspective, stocks were on the verge of losing the all-important 200-day moving average (DMA).

It is not coincidence that the Fed used this opportunity to announce a new twist to one of its bond buying programs, specifically, that for the first time in history the Fed would buy individual corporate bonds.

The Fed was already buying corporate bonds in bundles via exchange traded funds and indexes. Thanks to the new program, the Fed will continue doing this while also buying corporate debt from individual companies.

The implications of this are tremendous. The Fed can now “prop up” a failing company by buying the company’s debt. And unlike real investors, the Fed isn’t interested in turning a profit.

This only further signals that the Fed is moving to corner all risk in the financial system. The Fed is now involved in:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • Individual corporate bonds.
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

Seeing this, it’s clear the Fed will soon be buying stocks most likely by first buying ETFs eventually buying individual stocks themselves.

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

This is going to unleash an inflationary storm. Already gold and other assets have begun to discount this. And smart investors are preparing their portfolios to profit from it.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 9 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
Warning: The Fed Will Soon Be Buying Stocks… Here’s How to Play This.

Warning: The Fed Will Soon Be Buying Stocks… Here’s How to Play This.


The Fed stepped in to save stocks yesterday.

At the time, the market was experiencing its first significant decline since the March 23rd bottom, falling ~10% from peak to trough. From a technical analysis perspective, stocks were on the verge of losing the all-important 200-day moving average (DMA).

It is not coincidence that the Fed used this opportunity to announce a new twist to one of its bond buying programs, specifically, that for the first time in history the Fed would buy individual corporate bonds.

The Fed was already buying corporate bonds in bundles via exchange traded funds and indexes. Thanks to the new program, the Fed will continue doing this while also buying corporate debt from individual companies.

The implications of this are tremendous. The Fed can now “prop up” a failing company by buying the company’s debt. And unlike real investors, the Fed isn’t interested in turning a profit.

This only further signals that the Fed is moving to corner all risk in the financial system. The Fed is now involved in:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • Individual corporate bonds.
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

Seeing this, it’s clear the Fed will soon be buying stocks most likely by first buying ETFs eventually buying individual stocks themselves.

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

This is going to unleash an inflationary storm. Already gold and other assets have begun to discount this. And smart investors are preparing their portfolios to profit from it.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 9 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market
If Stocks Don’t Hold Here We Could See Another Crash of Sorts

If Stocks Don’t Hold Here We Could See Another Crash of Sorts


Stocks have fallen hard over the weekend again. The media is pinning this drop on the potential for another COVID-19 pandemic, but the facts don’t support that theory.

At times like these, it’s essential to ignore narratives, and focus on price. With that in mind, the S&P 500 remains in an uptrend, barely (blue lines in the chart below). Stocks need to hold here for the bull market case to remain intact. 

If stocks break down from here, there are two items in play. One is support at 2,940 (lower green line in the chart below). The other is the gap established by the open on May 18th (blue rectangle in the chart below).

When we plot the S&P 500 against the VIX (inverted), it looks like there’s more downside to go here.

However, both breadth and credit suggest the downside is limited here.

My point with all of this is that today the market is literally a crap shoot. The easy money from the rally has been made, and the next trend is not clear yet. So now is NOT the time to be putting a load of capital to work.

However, if stocks don’t hold here, we could potentially see a crash down to 2,700.

That is a high reward type move. And one we need to consider.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?

Four Charts Every Investor Needs to See Today


Stocks have fallen hard over the weekend again. The media is pinning this drop on the potential for another COVID-19 pandemic, but the facts don’t support that theory.

At times like these, it’s essential to ignore narratives, and focus on price. With that in mind, the S&P 500 remains in an uptrend, barely (blue lines in the chart below). Stocks need to hold here for the bull market case to remain intact. 

If stocks break down from here, there are two items in play. One is support at 2,940 (lower green line in the chart below). The other is the gap established by the open on May 18th (blue rectangle in the chart below).

When we plot the S&P 500 against the VIX (inverted), it looks like there’s more downside to go here.

However, both breadth and credit suggest the downside is limited here.

My point with all of this is that today the market is literally a crap shoot. The easy money from the rally has been made, and the next trend is not clear yet. So now is NOT the time to be putting a load of capital to work.

However, if stocks don’t hold here, we could potentially see a crash down to 2,700.

That is a high reward type move. And one we need to consider.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market

Here Are the Key Lines For Stocks During This Correction

The markets are down hard this morning.

There are a myriad of reasons. The most important one concerns price: stocks were extremely overbought and overextended. It was time for a correction.

The S&P 500 had just made an explosive move higher out of a rising wedge formation (blue lines in the chart below). This move had brought stocks to a line of major overhead resistance (red line in the chart below).

As I wrote earlier this week, it is highly unlikely stocks would break that red line on the first try. So, a correction is expected here. The question is where it stops.

I’ve drawn the support lines to watch (green lines in the chart below). As I write this, stocks have already sliced through the first and are testing the second.

In the big picture, the fact is that the economic shutdown triggered by the COVID-19 panic has done PROFOUND structural damage to the US economy.

Stocks have largely ignored this, experiencing a kind of “sugar high” by focusing on the record amounts of liquidity the Fed is providing.

However, stocks now appear to be waking up to the damage. We are entering a “risk off” mode in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?

The Next Leg Down is Here. Are You Ready?


The markets are down hard this morning.

There are a myriad of reasons. The most important one concerns price: stocks were extremely overbought and overextended. It was time for a correction.

The S&P 500 had just made an explosive move higher out of a rising wedge formation (blue lines in the chart below). This move had brought stocks to a line of major overhead resistance (red line in the chart below).

As I wrote earlier this week, it is highly unlikely stocks would break that red line on the first try. So, a correction is expected here. The question is where it stops.

I’ve drawn the support lines to watch (green lines in the chart below). As I write this, stocks have already sliced through the first and are testing the second.

In the big picture, the fact is that the economic shutdown triggered by the COVID-19 panic has done PROFOUND structural damage to the US economy.

Stocks have largely ignored this, experiencing a kind of “sugar high” by focusing on the record amounts of liquidity the Fed is providing.

However, stocks now appear to be waking up to the damage. We are entering a “risk off” mode in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?

The $USD is Warning Us That Something Big is Coming

Things are beginning to get out of control in currency land.

The $USD is collapsing. Astute chart readers will note that the $USD has already experienced two sharp drops in the last few months (blue rectangles in the chart below). They occurred in late February before the COVID-19 shutdown and late March after the COVID-19 market meltdown subsided.

So why is this current drop (green rectangle in the chart above) so important? 

Because this collapse is happening outside of a crisis.

The other two sharp drops were triggered by true Black Swan events (an economic shutdown and viral pandemic). This one is happening while things are actually returning to normal.

Put another way, the $USD is telling us that:

1)    Either another Black Swan event is underway already.

2)    The world is losing faith in the $USD based on the Fed’s’/ Federal Government’s money printing and stimulus.

For a better perspective on what I am talking about take a look at the next chart. The $USD is breaking its bull market trendline at a rapid clip. The only other time it did this was right before the COVID-19 black swan event.

Something BAD is brewing in the financial system. And it’s going to catch 99% of investors by surprise.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

Something BAD is About to Happen, and 99% of Investors Will Get Hurt By It


Things are beginning to get out of control in currency land.

The $USD is collapsing. Astute chart readers will note that the $USD has already experienced two sharp drops in the last few months (blue rectangles in the chart below). They occurred in late February before the COVID-19 shutdown and late March after the COVID-19 market meltdown subsided.

So why is this current drop (green rectangle in the chart above) so important? 

Because this collapse is happening outside of a crisis.

The other two sharp drops were triggered by true Black Swan events (an economic shutdown and viral pandemic). This one is happening while things are actually returning to normal.

Put another way, the $USD is telling us that:

1)    Either another Black Swan event is underway already.

2)    The world is losing faith in the $USD based on the Fed’s’/ Federal Government’s money printing and stimulus.

For a better perspective on what I am talking about take a look at the next chart. The $USD is breaking its bull market trendline at a rapid clip. The only other time it did this was right before the COVID-19 black swan event.

Something BAD is brewing in the financial system. And it’s going to catch 99% of investors by surprise.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in The Markets
Are Bonds Flashing Trouble is Coming Down the Pike?

Are Bonds Flashing Trouble is Coming Down the Pike?


The #1 thing investors need to be thinking about today are “unintended consequences.”

Everyone knows that the Fed has flooded the financial system with liquidity. This liquidity, combines with what appears to be a “V” shaped recovery in the economy, is what propelled stocks to go straight up from the March lows.

As I write this Tuesday morning, the S&P 500 has broken out of a rising wedge formation (blue lines in the chart below) to the upside. It is now slamming into overhead resistance (red line in the chart below).

It is unlikely we break this on the first try. And a drop to retest the breakout would be perfectly normal. I’ve drawn what this would look like with a red arrow in the chart above.

————————————————————

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Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

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The doors close on this offer tonight at midnight.

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———————————————————–

So… stocks rally on liquidity as the Fed reflates the system. That’s the obvious consequence of the Fed printed $1 trillion a month. But what is the unintended consequence of this money printing?

The market is suggesting it could be a crash in bonds.

The US was already on schedule to run a $3-$4 trillion deficit this year based on the March-May economic shutdown. However, it is growing clearer that the real number is going to be even higher than that.

Multiple states (NY, CA, IL) are on the brink of insolvency and will need bailouts soon. And the President has suggested he’d like a massive infrastructure bill ($1+ trillion) passed this year as well.

Either of those could mean the US needing to issue $5-$6 trillion in NEW debt this year on top of rolling over old debts. The bond market is signaling this might be too much for it to absorb at current levels.

The long-term Treasury has rolled over badly. We are now at support (green line in the chart below) and STILL a long ways from a mean-reversion drop to test the bull market trendline (blue line in the chart below).

A bond crash would mean the bond market revolting against the US’s fiscal stimulus. And it would have a profound impact on ALL risk assets, including stocks.

So while it’s nice to see stocks rallying so much, we need to consider what might be coming down the pike in the near-future. Bonds suggest it’s nothing pretty.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
What Are the Unintended Consequences of the Stimulus/ Fed Money Printing?

What Are the Unintended Consequences of the Stimulus/ Fed Money Printing?


The #1 thing investors need to be thinking about today are “unintended consequences.”

Everyone knows that the Fed has flooded the financial system with liquidity. This liquidity, combines with what appears to be a “V” shaped recovery in the economy, is what propelled stocks to go straight up from the March lows.

As I write this Tuesday morning, the S&P 500 has broken out of a rising wedge formation (blue lines in the chart below) to the upside. It is now slamming into overhead resistance (red line in the chart below).

It is unlikely we break this on the first try. And a drop to retest the breakout would be perfectly normal. I’ve drawn what this would look like with a red arrow in the chart above.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

So… stocks rally on liquidity as the Fed reflates the system. That’s the obvious consequence of the Fed printed $1 trillion a month. But what is the unintended consequence of this money printing?

The market is suggesting it could be a crash in bonds.

The US was already on schedule to run a $3-$4 trillion deficit this year based on the March-May economic shutdown. However, it is growing clearer that the real number is going to be even higher than that.

Multiple states (NY, CA, IL) are on the brink of insolvency and will need bailouts soon. And the President has suggested he’d like a massive infrastructure bill ($1+ trillion) passed this year as well.

Either of those could mean the US needing to issue $5-$6 trillion in NEW debt this year on top of rolling over old debts. The bond market is signaling this might be too much for it to absorb at current levels.

The long-term Treasury has rolled over badly. We are now at support (green line in the chart below) and STILL a long ways from a mean-reversion drop to test the bull market trendline (blue line in the chart below).

A bond crash would mean the bond market revolting against the US’s fiscal stimulus. And it would have a profound impact on ALL risk assets, including stocks.

So while it’s nice to see stocks rallying so much, we need to consider what might be coming down the pike in the near-future. Bonds suggest it’s nothing pretty.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
Is the Fed Money Printing/ Stimulus Going to Blow Up the Bond Bubble?

Is the Fed Money Printing/ Stimulus Going to Blow Up the Bond Bubble?


The #1 thing investors need to be thinking about today are “unintended consequences.”

Everyone knows that the Fed has flooded the financial system with liquidity. This liquidity, combines with what appears to be a “V” shaped recovery in the economy, is what propelled stocks to go straight up from the March lows.

As I write this Tuesday morning, the S&P 500 has broken out of a rising wedge formation (blue lines in the chart below) to the upside. It is now slamming into overhead resistance (red line in the chart below).

It is unlikely we break this on the first try. And a drop to retest the breakout would be perfectly normal. I’ve drawn what this would look like with a red arrow in the chart above.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

So… stocks rally on liquidity as the Fed reflates the system. That’s the obvious consequence of the Fed printed $1 trillion a month. But what is the unintended consequence of this money printing?

The market is suggesting it could be a crash in bonds.

The US was already on schedule to run a $3-$4 trillion deficit this year based on the March-May economic shutdown. However, it is growing clearer that the real number is going to be even higher than that.

Multiple states (NY, CA, IL) are on the brink of insolvency and will need bailouts soon. And the President has suggested he’d like a massive infrastructure bill ($1+ trillion) passed this year as well.

Either of those could mean the US needing to issue $5-$6 trillion in NEW debt this year on top of rolling over old debts. The bond market is signaling this might be too much for it to absorb at current levels.

The long-term Treasury has rolled over badly. We are now at support (green line in the chart below) and STILL a long ways from a mean-reversion drop to test the bull market trendline (blue line in the chart below).

A bond crash would mean the bond market revolting against the US’s fiscal stimulus. And it would have a profound impact on ALL risk assets, including stocks.

So while it’s nice to see stocks rallying so much, we need to consider what might be coming down the pike in the near-future. Bonds suggest it’s nothing pretty.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
Is the Fed Money Printing/ Stimulus Going to Blow Up the Bond Bubble?

Is the Fed Money Printing/ Stimulus Going to Blow Up the Bond Bubble?


The #1 thing investors need to be thinking about today are “unintended consequences.”

Everyone knows that the Fed has flooded the financial system with liquidity. This liquidity, combines with what appears to be a “V” shaped recovery in the economy, is what propelled stocks to go straight up from the March lows.

As I write this Tuesday morning, the S&P 500 has broken out of a rising wedge formation (blue lines in the chart below) to the upside. It is now slamming into overhead resistance (red line in the chart below).

It is unlikely we break this on the first try. And a drop to retest the breakout would be perfectly normal. I’ve drawn what this would look like with a red arrow in the chart above.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

So… stocks rally on liquidity as the Fed reflates the system. That’s the obvious consequence of the Fed printed $1 trillion a month. But what is the unintended consequence of this money printing?

The market is suggesting it could be a crash in bonds.

The US was already on schedule to run a $3-$4 trillion deficit this year based on the March-May economic shutdown. However, it is growing clearer that the real number is going to be even higher than that.

Multiple states (NY, CA, IL) are on the brink of insolvency and will need bailouts soon. And the President has suggested he’d like a massive infrastructure bill ($1+ trillion) passed this year as well.

Either of those could mean the US needing to issue $5-$6 trillion in NEW debt this year on top of rolling over old debts. The bond market is signaling this might be too much for it to absorb at current levels.

The long-term Treasury has rolled over badly. We are now at support (green line in the chart below) and STILL a long ways from a mean-reversion drop to test the bull market trendline (blue line in the chart below).

A bond crash would mean the bond market revolting against the US’s fiscal stimulus. And it would have a profound impact on ALL risk assets, including stocks.

So while it’s nice to see stocks rallying so much, we need to consider what might be coming down the pike in the near-future. Bonds suggest it’s nothing pretty.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity, Debt Bomb

Stocks Break Out, But Bonds Are Dropping Hard… Is Higher Inflation Coming?


Stocks exploded higher on Friday when it was reported the US unexpectedly ADDED 2.5 million jobs in May (estimates were anticipating a LOSS of eight million).

The market blasted through resistance (red line) and is now within 6% of new all-time highs. The question is whether we get a consolidation now, or if traders push stock to “close the gap” just above current levels at 3,270 (blue rectangle in the chart below) this week.

Those are near-term considerations for those of you who are looking for short-term plays. In the bigger picture, the issue to consider is the breakdown in Treasuries.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

The long-term US Treasury ETF (TLT) has broken below support (green line) in an aggressive drop. There isn’t a whole lot of support until we get to the bull market trendline (blue line).

More and more this is beginning to look like a kind of mini-crash in bonds. Are bonds beginning to discount a much higher rate of inflation in the US? Gold is certainly suggesting this could be the case. The precious metal has broken out in every major currency ($USD, Euro, Yen and Franc).

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity