Phoenix Capital Research

The economy is slowing and corporate profits have peaked.

Rather than looking at highly massaged government data, let’s take a look at how companies, whose job it is to maximize their returns, are faring.

In the last month, Apple, Samsung, LG, Fed Ex, Johnson & Johnson, Nautilus, Tesla, Tailored Brands, Signet Jewelers, Delta, Skyworks, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So you’ve got airlines, big tech, healthcare, and consumer discretionary companies ALL suggesting that the economy is not faring as well as the data suggests. This is not an isolated issue. The economy is contracting.

On top of this, corporate margins have peaked. Take a look at the last four quarters. The trend is obvious.

So against this backdrop of economic weakness and declining corporate profit margins, stocks are supposedly entering a new bull market and will make a run to new all-time highs?

The odds of this are less than 5%. And when you throw in the fact that the Fed is still tightening and has yet to slow the pace of its balance sheet reduction, it’s outright IMPOSSIBLE.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

The economy is slowing and corporate profits have peaked.

Rather than looking at highly massaged government data, let’s take a look at how companies, whose job it is to maximize their returns, are faring.

In the last month, Apple, Samsung, LG, Fed Ex, Johnson & Johnson, Nautilus, Tesla, Tailored Brands, Signet Jewelers, Delta, Skyworks, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So you’ve got airlines, big tech, healthcare, and consumer discretionary companies ALL suggesting that the economy is not faring as well as the data suggests. This is not an isolated issue. The economy is contracting.

On top of this, corporate margins have peaked. Take a look at the last four quarters. The trend is obvious.

So against this backdrop of economic weakness and declining corporate profit margins, stocks are supposedly entering a new bull market and will make a run to new all-time highs?

The odds of this are less than 5%. And when you throw in the fact that the Fed is still tightening and has yet to slow the pace of its balance sheet reduction, it’s outright IMPOSSIBLE.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

The economy is slowing and corporate profits have peaked.

Rather than looking at highly massaged government data, let’s take a look at how companies, whose job it is to maximize their returns, are faring.

In the last month, Apple, Samsung, LG, Fed Ex, Johnson & Johnson, Nautilus, Tesla, Tailored Brands, Signet Jewelers, Delta, Skyworks, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So you’ve got airlines, big tech, healthcare, and consumer discretionary companies ALL suggesting that the economy is not faring as well as the data suggests. This is not an isolated issue. The economy is contracting.

On top of this, corporate margins have peaked. Take a look at the last four quarters. The trend is obvious.

So against this backdrop of economic weakness and declining corporate profit margins, stocks are supposedly entering a new bull market and will make a run to new all-time highs?

The odds of this are less than 5%. And when you throw in the fact that the Fed is still tightening and has yet to slow the pace of its balance sheet reduction, it’s outright IMPOSSIBLE.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

The market rig is now over.

The pundits on TV attributed last week’s rally to “investors” buying stocks based on perceived “value,” but the reality is that it was a desperate market rig by Wall Street to game options expiration.

Wall Street has been running this game for decades. The fact that no one in the media has caught on yet is astonishing. Even more astonishing is the fact that we are now seeing outright LIES spread in the media in order to help Wall Street accomplish this (see last week’s numerous China deal headlines which all turned out to be complete fiction).

The credit markets have already figured this out. Bonds (blue line) peaked early in the week and have since rolled over while stocks (black line) continued to ramp higher.

Now comes the fun part… the part in which we discover REAL INVESTORS weren’t buying the rally at all… the part in which we discover that EVERYTHING about this bounce was just one desperate intervention… with a MASSIVE air pocket below it.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

The market rig is now over. 

The pundits on TV attributed last week’s rally to “investors” buying stocks based on perceived “value,” but the reality is that it was a desperate market rig by Wall Street to game options expiration.

Wall Street has been running this game for decades. The fact that no one in the media has caught on yet is astonishing. Even more astonishing is the fact that we are now seeing outright LIES spread in the media in order to help Wall Street accomplish this (see last week’s numerous China deal headlines which all turned out to be complete fiction).

The credit markets have already figured this out. Bonds (blue line) peaked early in the week and have since rolled over while stocks (black line) continued to ramp higher.

Now comes the fun part… the part in which we discover REAL INVESTORS weren’t buying the rally at all… the part in which we discover that EVERYTHING about this bounce was just one desperate intervention… with a MASSIVE air pocket below it.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

This week is options expiration week… Wall Street’s favorite time to ramp the markets in order to insure the maximum number of options contracts expire worthless.

THIS, nothing else, is why the markets rallied this week. Tweets from the President or some statement by a Fed official were simply the excuse Wall Street used to engage in this game.

And that game is now ending. Stocks face TREMENDOUS overhead resistance here.

The debt markets have already figured this out and are moving into “risk off” mode.

So have Transports.

And Homebuilders.

You can ignore those internals all you like, but what has actually changed since the end of December? Is the Fed going to start loosening monetary policy? Is the economy suddenly going to start roaring again? Are earnings going to reverse and stop declining?

Or are we actually at the end of the credit cycle and moving into the next crisis shortly?

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

As I keep warning, the global economy is rapidly moving into a recession.

If you don’t believe me, consider that in the last two weeks, the following have been announced…

1)   South Korean exports, a critical measure for global growth, recorded a -1.2% drop year over year in December.

2)   China’s manufacturing PMI fell into outright contraction below 50. Car sales were negative for the first time in two decades. And Chinese exports fell 4.4% year over year.

3)   German Industrial Production fell 1.9% month over month and 4.6% year over year in November: the biggest drop since 2009. Real-time GDP trackers show the largest EU economy is already in a recession.

4)   US manufacturing ISM dropped sharply from 59% to 54% (not yet in contraction mode, but rapidly approaching it).

To top if off, we now have numerous companies issuing warnings: Apple, Samsung, LG, Fed Ex, Delta, Skyworks, Tailored Brand, Sherwin-Williams, Lindt, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So we’ve got everything from airlines to big tech to chocolate producers and paint manufacturers warning of a slowdown.

This is the slowdown that stocks began to discount in October.

Unfortunately it’s not over either. If you look at the long-term charts, it’s clear the market realizes that the credit cycle has turned and we are moving into a recession/ crisis.

The last two times this happened, a crisis hit within three to six months.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

As I keep warning, the global economy is rapidly moving into a recession.

If you don’t believe me, consider that in the last two weeks, the following have been announced…

1)   South Korean exports, a critical measure for global growth, recorded a -1.2% drop year over year in December.

2)   China’s manufacturing PMI fell into outright contraction below 50. Car sales were negative for the first time in two decades. And Chinese exports fell 4.4% year over year.

3)   German Industrial Production fell 1.9% month over month and 4.6% year over year in November: the biggest drop since 2009. Real-time GDP trackers show the largest EU economy is already in a recession.

4)   US manufacturing ISM dropped sharply from 59% to 54% (not yet in contraction mode, but rapidly approaching it).

To top if off, we now have numerous companies issuing warnings: Apple, Samsung, LG, Fed Ex, Delta, Skyworks, Tailored Brand, Sherwin-Williams, Lindt, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So we’ve got everything from airlines to big tech to chocolate producers and paint manufacturers warning of a slowdown.

This is the slowdown that stocks began to discount in October.

Unfortunately it’s not over either. If you look at the long-term charts, it’s clear the market realizes that the credit cycle has turned and we are moving into a recession/ crisis.

The last two times this happened, a crisis hit within three to six months.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

The bounce is just about over.

Multiple interventions, and active buying by the PPT have juiced stocks higher, but the Powers That Be cannot make the Everything Bubble whole again.

The fact is that between higher inflation along with the Fed’s rate hikes/ draining of liquidity has burst the Everything Bubble. It doesn’t mean that we’re moving straight into a systemic crisis right now. But it does mean that debt deflation is appearing again and that eventually it will spread to systemic issues.

That process is already underway.

The ramp job in Junk Bonds was impressive, but it DID NOT reclaim its former bull market trendline (blue line). All it’s done is open a descending megaphone pattern that will see it crash to new lows shortly.

Similarly, Investment Grade bonds, which have been ramped higher, have just slammed into resistance (top blue line). They too suggest we’re going to new lows shortly.

Finally, the 10-Year Treasury yield has broken down from a falling wedge formation. This suggest Treasuries will be rallying HARD, meaning capital is fleeing into them.

What would drive a move into Treasuries?

This:

Unfortunately, after that comes the REALLY bad part.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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

As I keep warning, the global economy is rapidly moving into a recession.

If you don’t believe me, consider that in the last two weeks, the following have been announced…

1)   South Korean exports, a critical measure for global growth, recorded a -1.2% drop year over year in December.

2)   China’s manufacturing PMI fell into outright contraction below 50. Car sales were negative for the first time in two decades. And Chinese exports fell 4.4% year over year.

3)   German Industrial Production fell 1.9% month over month and 4.6% year over year in November: the biggest drop since 2009. Real-time GDP trackers show the largest EU economy is already in a recession.

4)   US manufacturing ISM dropped sharply from 59% to 54% (not yet in contraction mode, but rapidly approaching it).

To top if off, we now have numerous companies issuing warnings: Apple, Samsung, LG, Fed Ex, Delta, Skyworks, Tailored Brand, Sherwin-Williams, Lindt, Macy’s, Kohl’s, and American Airlines have all lowered forward guidance.

So we’ve got everything from airlines to big tech to chocolate producers and paint manufacturers warning of a slowdown.

This is the slowdown that stocks began to discount in October.

Unfortunately it’s not over either. If you look at the long-term charts, it’s clear the market realizes that the credit cycle has turned and we are moving into a recession/ crisis.

The last two times this happened, a crisis hit within three to six months.

A Crash is coming… and 99% of investors will panic when it hits… but not those who have downloaded our 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 last week’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