Category Archives: False Breakout

Please Focus on Stocks Hitting All Time Highs… Don’t Read This

Posted on July 2, 2019 by The Phoenix

Yesterday’s market action was a MAJOR wake up call. Stocks erupted 1.5% higher on announcements that the US/ China reached some form of a trade deal… However, the rally barely lasted, giving up most of its gains by mid-day. It … Continue reading →

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What If Stocks Are Wrong About Rate Cuts?

Posted on June 11, 2019 by The Phoenix

Stocks have now cleared the all-important level of 2,900 on the S&P 500. The index just peeked above critical resistance (top red line in the chart below). Overbought and overextended, stocks are now due for a correction/ consolidation. It would … Continue reading →

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Will Breakdown Lead the Overall Market Lower? $AMZN $SPX

Posted on September 19, 2018 by The Phoenix

The single most important stock in the world is Amazon (AMZN) AMZN has become a proxy for the entire stock market. If you overlay AMZN’s chart with the S&P 500 (below) AMZN has lead the S&P 500 beautifully during this … Continue reading →

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The Most Important Stock In the World Just Broke Its Trendline

Posted on September 19, 2018 by The Phoenix

The single most important stock in the world is Amazon (AMZN) AMZN has become a proxy for the entire stock market. If you overlay AMZN’s chart with the S&P 500 (below) AMZN has lead the S&P 500 beautifully during this … Continue reading →

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I Keep Warning And Warning… But No One’s Listening

Posted on September 18, 2018 by The Phoenix

I keep warning and warning… but no one is listening. The market meltdown that started in Emerging Markets earlier this year WILL spread to the US. Don’t believe me? The FANG stocks, which lead the rally throughout 2008 (indeed by … Continue reading →

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Warning: The S&P 500 Has Formed a VERY Dangerous Price Pattern

Posted on September 18, 2018 by The Phoenix

I keep warning and warning… but no one is listening. The market meltdown that started in Emerging Markets earlier this year WILL spread to the US. Don’t believe me? The FANG stocks, which lead the rally throughout 2008 (indeed by … Continue reading →

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Will the Markets Follow FANG Stocks Into a Collapse?

Posted on September 18, 2018 by The Phoenix

I keep warning and warning… but no one is listening. The market meltdown that started in Emerging Markets earlier this year WILL spread to the US. Don’t believe me? The FANG stocks, which lead the rally throughout 2008 (indeed by … Continue reading →

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The Best Part: 99% of Investors Won’t See This Coming

Posted on September 18, 2018 by The Phoenix

I keep warning and warning… but no one is listening. The market meltdown that started in Emerging Markets earlier this year WILL spread to the US. Don’t believe me? The FANG stocks, which lead the rally throughout 2008 (indeed by … Continue reading →

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Three Charts That Tell Me The Markets Are About to Turn

Posted on August 27, 2018 by The Phoenix

The markets are beginning to anticipate a weak $USD. First and foremost, the Emerging Market ETF (EEM) is in the process of bottoming. EEM was crushed by the $USD’s strength this summer. But it’s now starting to look like a … Continue reading →

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Did the US Dollar Just Post the Biggest Head Fake in History?

Posted on August 27, 2018 by The Phoenix

The US Dollar is “telling” the markets what’s coming. First and foremost, the Emerging Market ETF (EEM) is in the process of bottoming. EEM was crushed by the $USD’s strength this summer. But it’s now starting to look like a … Continue reading →

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Take a Look At What Emerging Markets Are Saying About the US Dollar

Posted on August 27, 2018 by The Phoenix

The markets are beginning to anticipate a weak $USD. First and foremost, the Emerging Market ETF (EEM) is in the process of bottoming. EEM was crushed by the $USD’s strength this summer. But it’s now starting to look like a … Continue reading →

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Two Major Reasons Why the US Dollar Will Soon Drop Hard

Posted on August 23, 2018 by The Phoenix

I’ve received a number of emails from readers asking me how I can be so certain that the $USD will be dropping hard going forward. The answer is simple… neither the US Government, not the US corporate sector can afford … Continue reading →

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The Real Reason the US Dollar Is About to Roll Over (and how to profit from it)

Posted on August 23, 2018 by The Phoenix

I’ve received a number of emails from readers asking me how I can be so certain that the $USD will be dropping hard going forward. The answer is simple… neither the US Government, not the US corporate sector can afford … Continue reading →

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The US Dollar Is About to Deliver a Sucker Punch to Investors

Posted on August 22, 2018 by The Phoenix

As I keep warning, the $USD has formed a “false breakout” to the upside. A false breakout occurs when an asset breaks out of a consolidation pattern, only to reverse. The reason why this development is so dangerous is because … Continue reading →

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The US Dollar Just Tricked 98% of Investors Into Losing Major Money

Posted on August 20, 2018 by The Phoenix

Perhaps the single most dangerous move an asset class can make is a “false breakout.” A false breakout occurs when an asset breaks out of a consolidation pattern, only to reverse. The reason why this development is so dangerous is … Continue reading →

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