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

This is getting old.

The PPT is now juicing Oil higher, because doing so relieves stress in the junk bond market (a large percentage of junk bond issuers are shale companies that require higher Oil prices to be profitable).

This, in turn, is sending a “all clear” signal to stocks, inducing algos to buy indiscriminately.

Put simply, the formula for this market rig is:

Buy Oil futures, because it will drive Junk Bonds higher, and stocks will follow.

You can see the rig right here in plain sight… Oil (black line) pulling Junk Bonds higher (blue line) almost tick for tick.

Critical market internals suggest this rig is now coming to an end. Two major market leaders (Goldman Sachs and the Semiconductor index) have not only been lagging on this latest bounce, but both were DOWN yesterday despite stocks rising 1%.

Sure, stocks might bounce a little higher, but at the end of the day, it is clear that corporate profits have peaked, the economy is rolling over, and the Fed is tightening.

Which of these is likely to be better six months from now? What exactly makes stocks an attractive investment right now?

In chart form… what has changed about this?

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 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

This is getting old.

The PPT is now juicing Oil higher, because doing so relieves stress in the junk bond market (a large percentage of junk bond issuers are shale companies that require higher Oil prices to be profitable).

This, in turn, is sending a “all clear” signal to stocks, inducing algos to buy indiscriminately.

Put simply, the formula for this market rig is:

Buy Oil futures, because it will drive Junk Bonds higher, and stocks will follow.

You can see the rig right here in plain sight… Oil (black line) pulling Junk Bonds higher (blue line) almost tick for tick.

Critical market internals suggest this rig is now coming to an end. Two major market leaders (Goldman Sachs and the Semiconductor index) have not only been lagging on this latest bounce, but both were DOWN yesterday despite stocks rising 1%.

Sure, stocks might bounce a little higher, but at the end of the day, it is clear that corporate profits have peaked, the economy is rolling over, and the Fed is tightening.

Which of these is likely to be better six months from now? What exactly makes stocks an attractive investment right now?

In chart form… what has changed about this?

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 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

This is getting old.

The PPT is now juicing Oil higher, because doing so relieves stress in the junk bond market (a large percentage of junk bond issuers are shale companies that require higher Oil prices to be profitable).

This, in turn, is sending a “all clear” signal to stocks, inducing algos to buy indiscriminately.

Put simply, the formula for this market rig is:

Buy Oil futures, because it will drive Junk Bonds higher, and stocks will follow.

You can see the rig right here in plain sight… Oil (black line) pulling Junk Bonds higher (blue line) almost tick for tick.

Critical market internals suggest this rig is now coming to an end. Two major market leaders (Goldman Sachs and the Semiconductor index) have not only been lagging on this latest bounce, but both were DOWN yesterday despite stocks rising 1%.   

Sure, stocks might bounce a little higher, but at the end of the day, it is clear that corporate profits have peaked, the economy is rolling over, and the Fed is tightening.

Which of these is likely to be better six months from now? What exactly makes stocks an attractive investment right now?

In chart form… what has changed about this?

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 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

Investors have to choose which of the two forces that are driving all stock market action they believe:

1)    The approaching global economic collapse.

2)   Desperate intervention to prop up the bursting bubble.

Regarding #1, in the last two weeks Apple, Samsung and Fed Ex have issued EXTREMELY negative guidance. If you think these three represent isolated corporate issues, think again. German Industrial Production collapsed the most since the 2008 crisis, while it’s just been revealed that REAL China GDP growth is somewhere below 3% and possibly even negative.

This is the global economic collapse the market began to discount in October. It is the reason why we had that major stock market drop. And it’s why the smart money has been selling stocks for months.

Against this backdrop of horrible fundamentals and massive selling pressure, we have a desperate series of interventions underway ranging from the President tweeting, US economic advisors saying there’s now chance of a recession, Fed Chair Powell suddenly suggesting that the Fed’s policies are indeed subject to change, and the Treasury Secretary calling the Plunge Protection Team to ramp stocks higher.

This is why stocks have erupted over the last three days. No real buyer invests BILLIONS of dollars indiscriminately all at once; REAL buyers enter large orders that take weeks to complete.

As investors we now have to choose which one of these we side with. Do we side with the fact that the credit cycle has turned and the bubble has burst… or do we believe that the Fed/ PPT can somehow hold the markets up despite this?

This chart seems pretty clear: we’ve broken the monthly bull market trendline for the first time EVER. Even if the S&P 500 rallies to 2,600, it won’t change anything from a chart perspective.

And what comes after that?

99% of investors will panic when this CRASH hits…

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

Stocks roared higher last week when Fed Chair Jerome Powell did a complete 180 and proclaimed some of the most dovish statements in Fed chair history.

Not only did Powell suddenly claim he was “listening to the markets,” meaning he was worried about the drop in stock prices, but he also suggested the Fed is completely open to changing the pace of its rate hikes and balance sheet normalization.

To be clear: Powell has finally realized that Fed policy was blowing up the financial markets.

Unfortunately for him, it’s too late. And while the DUMB money is buying into the stock rally, the smartest, most liquid market in the world isn’t buying it for a second.

I’m talking about the currency markets.

The currency markets are the largest most liquid markets in the world. They trade $5-$6 trillion in volume PER DAY. To put this into perspective, it’s over 500 TIMES more volume than the NASDAQ.

So when something MAJOR happens in the financial system, it’s the currency markets that “get it” first.

With that in mind, consider that the $USD, which should have collapsed based on Fed Chair Powell’s statements, barely dropped even 1%. Not only that, but the $USD failed to even break below its previous low from the week before.

If Powell’s sudden dovish turn was actually going to stop the deflationary tidal wave that is underway, the $USD would have fallen more like 3%+ last week.

It didn’t.

Which is why I’m not buying this stock rally for a moment. The Fed CONTINUES to engage in the most hawkish policy of all time. A few soothing words from Jerome Powell haven’t changed the fact that the credit cycle has turned and the next major bear market is upon us.

Indeed you could easily argue that the entire stock move since November 2016 was a blow off top which means we’ll be erasing ALL of it in short order.

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

Stocks roared higher last week when Fed Chair Jerome Powell did a complete 180 and proclaimed some of the most dovish statements in Fed chair history.

Not only did Powell suddenly claim he was “listening to the markets,” meaning he was worried about the drop in stock prices, but he also suggested the Fed is completely open to changing the pace of its rate hikes and balance sheet normalization.

To be clear: Powell has finally realized that Fed policy was blowing up the financial markets.

Unfortunately for him, it’s too late. And while the DUMB money is buying into the stock rally, the smartest, most liquid market in the world isn’t buying it for a second.

I’m talking about the currency markets.

The currency markets are the largest most liquid markets in the world. They trade $5-$6 trillion in volume PER DAY. To put this into perspective, it’s over 500 TIMES more volume than the NASDAQ.

So when something MAJOR happens in the financial system, it’s the currency markets that “get it” first.

With that in mind, consider that the $USD, which should have collapsed based on Fed Chair Powell’s statements, barely dropped even 1%. Not only that, but the $USD failed to even break below its previous low from the week before.

If Powell’s sudden dovish turn was actually going to stop the deflationary tidal wave that is underway, the $USD would have fallen more like 3%+ last week.

It didn’t.

Which is why I’m not buying this stock rally for a moment. The Fed CONTINUES to engage in the most hawkish policy of all time. A few soothing words from Jerome Powell haven’t changed the fact that the credit cycle has turned and the next major bear market is upon us.

Indeed you could easily argue that the entire stock move since November 2016 was a blow off top which means we’ll be erasing ALL of it in short order.

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

Stocks roared higher last week when Fed Chair Jerome Powell did a complete 180 and proclaimed some of the most dovish statements in Fed chair history.

Not only did Powell suddenly claim he was “listening to the markets,” meaning he was worried about the drop in stock prices, but he also suggested the Fed is completely open to changing the pace of its rate hikes and balance sheet normalization.

To be clear: Powell has finally realized that Fed policy was blowing up the financial markets.

Unfortunately for him, it’s too late. And while the DUMB money is buying into the stock rally, the smartest, most liquid market in the world isn’t buying it for a second.

I’m talking about the currency markets.

The currency markets are the largest most liquid markets in the world. They trade $5-$6 trillion in volume PER DAY. To put this into perspective, it’s over 500 TIMES more volume than the NASDAQ.

So when something MAJOR happens in the financial system, it’s the currency markets that “get it” first.

With that in mind, consider that the $USD, which should have collapsed based on Fed Chair Powell’s statements, barely dropped even 1%. Not only that, but the $USD failed to even break below its previous low from the week before.

If Powell’s sudden dovish turn was actually going to stop the deflationary tidal wave that is underway, the $USD would have fallen more like 3%+ last week.

It didn’t.

Which is why I’m not buying this stock rally for a moment. The Fed CONTINUES to engage in the most hawkish policy of all time. A few soothing words from Jerome Powell haven’t changed the fact that the credit cycle has turned and the next major bear market is upon us.

Indeed you could easily argue that the entire stock move since November 2016 was a blow off top which means we’ll be erasing ALL of it in short order.

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

Stocks roared higher last week when Fed Chair Jerome Powell did a complete 180 and proclaimed some of the most dovish statements in Fed chair history.

Not only did Powell suddenly claim he was “listening to the markets,” meaning he was worried about the drop in stock prices, but he also suggested the Fed is completely open to changing the pace of its rate hikes and balance sheet normalization.

To be clear: Powell has finally realized that Fed policy was blowing up the financial markets.

Unfortunately for him, it’s too late. And while the DUMB money is buying into the stock rally, the smartest, most liquid market in the world isn’t buying it for a second.

I’m talking about the currency markets.

The currency markets are the largest most liquid markets in the world. They trade $5-$6 trillion in volume PER DAY. To put this into perspective, it’s over 500 TIMES more volume than the NASDAQ.

So when something MAJOR happens in the financial system, it’s the currency markets that “get it” first.

With that in mind, consider that the $USD, which should have collapsed based on Fed Chair Powell’s statements, barely dropped even 1%. Not only that, but the $USD failed to even break below its previous low from the week before.

If Powell’s sudden dovish turn was actually going to stop the deflationary tidal wave that is underway, the $USD would have fallen more like 3%+ last week.

It didn’t.

Which is why I’m not buying this stock rally for a moment. The Fed CONTINUES to engage in the most hawkish policy of all time. A few soothing words from Jerome Powell haven’t changed the fact that the credit cycle has turned and the next major bear market is upon us.

Indeed you could easily argue that the entire stock move since November 2016 was a blow off top which means we’ll be erasing ALL of it in short order.

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 December, Jerome Powell confirmed that he is going to implement a financial reset.

That reset will crash stocks.

We know this because the Fed didn’t even HINT at tapering its Quantitative Tightening program at this latest Fed FOMC despite stocks staging the worst December since the Great Depression.

This tells us that the Powell Fed is going to normalize the Fed’s balance sheet no matter what. And THAT is the real issue for the financial markets (the withdrawal of liquidity) NOT rate hikes/cuts.

This is what the market is reacting to. Stocks now know that the era of easy money is over. The Fed is being run by a man who doesn’t see it has his job to create/sustain asset bubbles.

And that is why The Fed Has Confirmed It Will Crash Stocks

In December, Jerome Powell confirmed that he is going to implement a financial reset.

That reset will crash stocks.

We know this because the Fed didn’t even HINT at tapering its Quantitative Tightening program at this latest Fed FOMC despite stocks staging the worst December since the Great Depression.

This tells us that the Powell Fed is going to normalize the Fed’s balance sheet no matter what. And THAT is the real issue for the financial markets (the withdrawal of liquidity) NOT rate hikes/cuts.

This is what the market is reacting to. Stocks now know that the era of easy money is over. The Fed is being run by a man who doesn’t see it has his job to create/sustain asset bubbles.

And that is why we are going to crash.

Think of it this way, the era from 2008-2018 was a time in which stocks got bubbly, disconnecting from economic realities. Once Jerome Powell took the helm at the Fed, the markets slowly began to realize that this era is OVER. As a result, we’ve seen numerous asset classes begin to crash as their respective bubbles burst and they drop to price levels that are fundamentally sound.

Stocks are now going to play catch up. Oil has already broadcast that this stock market bounce won’t last.we are going to crash.

Think of it this way, the era from 2008-2018 was a time in which stocks got bubbly, disconnecting from economic realities. Once Jerome Powell took the helm at the Fed, the markets slowly began to realize that this era is OVER. As a result, we’ve seen numerous asset classes begin to crash as their respective bubbles burst and they drop to price levels that are fundamentally sound.

Stocks are now going to play catch up. Oil has already broadcast that this stock market bounce won’t last.

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 December, Jerome Powell confirmed that he is going to implement a financial reset.

That reset will crash stocks.

We know this because the Fed didn’t even HINT at tapering its Quantitative Tightening program at this latest Fed FOMC despite stocks staging the worst December since the Great Depression.

This tells us that the Powell Fed is going to normalize the Fed’s balance sheet no matter what. And THAT is the real issue for the financial markets (the withdrawal of liquidity) NOT rate hikes/cuts.

This is what the market is reacting to. Stocks now know that the era of easy money is over. The Fed is being run by a man who doesn’t see it has his job to create/sustain asset bubbles.

And that is why The Fed Has Confirmed It Will Crash Stocks

In December, Jerome Powell confirmed that he is going to implement a financial reset.

That reset will crash stocks.

We know this because the Fed didn’t even HINT at tapering its Quantitative Tightening program at this latest Fed FOMC despite stocks staging the worst December since the Great Depression.

This tells us that the Powell Fed is going to normalize the Fed’s balance sheet no matter what. And THAT is the real issue for the financial markets (the withdrawal of liquidity) NOT rate hikes/cuts.

This is what the market is reacting to. Stocks now know that the era of easy money is over. The Fed is being run by a man who doesn’t see it has his job to create/sustain asset bubbles.

And that is why we are going to crash.

Think of it this way, the era from 2008-2018 was a time in which stocks got bubbly, disconnecting from economic realities. Once Jerome Powell took the helm at the Fed, the markets slowly began to realize that this era is OVER. As a result, we’ve seen numerous asset classes begin to crash as their respective bubbles burst and they drop to price levels that are fundamentally sound.

Stocks are now going to play catch up. Oil has already broadcast that this stock market bounce won’t last.we are going to crash.

Think of it this way, the era from 2008-2018 was a time in which stocks got bubbly, disconnecting from economic realities. Once Jerome Powell took the helm at the Fed, the markets slowly began to realize that this era is OVER. As a result, we’ve seen numerous asset classes begin to crash as their respective bubbles burst and they drop to price levels that are fundamentally sound.

Stocks are now going to play catch up. Oil has already broadcast that this stock market bounce won’t last.

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