Category Archives: Meltup

What Gamestop Means for the Broader Market

Posted on January 27, 2021 by The Phoenix

Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And … Continue reading →

Posted in Meltup | Comments Off on What Gamestop Means for the Broader Market

S&P 500 at 4,000 By Year End? Don’t Laugh

Posted on November 30, 2020 by The Phoenix

The market continues to grind higher. At this point, we’re about to enter the final month of the year. Most fund managers have had a TERRIBLE year. Only a handful of them accurately predicted the March meltdown and even fewer … Continue reading →

Posted in Meltup | Comments Off on S&P 500 at 4,000 By Year End? Don’t Laugh

How to Profit From Fund Managers’ Panic Buying Into Year-End

Posted on November 30, 2020 by The Phoenix

The market continues to grind higher. At this point, we’re about to enter the final month of the year. Most fund managers have had a TERRIBLE year. Only a handful of them accurately predicted the March meltdown and even fewer … Continue reading →

Posted in Meltup | Comments Off on How to Profit From Fund Managers’ Panic Buying Into Year-End

Gold Is Holding Support, Will the Next Move Be Up?

Posted on October 26, 2020 by The Phoenix

Gold continues to hold up surprisingly well despite $USD strength. The precious metal is coining tighter and tighter into a triangle formation. When the breakout finally comes, it will be violent. If you need signs of impressive relative strength, look … Continue reading →

Posted in Inflation, Meltup | Comments Off on Gold Is Holding Support, Will the Next Move Be Up?

Three Charts You Need to See Today

Posted on April 28, 2020 by The Phoenix

As I keep saying, it doesn’t matter what we think… it’s what the market thinks that matters. Personally, I think it’s insane that the Fed has nationalized the entire debt markets. Similarly, I think it was a massive mistake to shut down the economy. … Continue reading →

Posted in Inflation, It's a Bull Market, Meltup | Comments Off on Three Charts You Need to See Today

Ignore the doom and gloom crowd, they’re trying to scare you into missing out on one of the greatest investing environments in history.  That investing environment is based on the coming U.S. economic boom. The U.S. is the largest economy … Continue reading →

Posted on February 19, 2020 by The Phoenix | Comments Off on Do NOT Let Politics Stop You From Taking This Once in a Life-time Opportunity

Markets were closed yesterday in honor of President’s day, so today (Tuesday) is the first day of market action for the week. Stocks are slightly down as I write this, (less than 0.5). The S&P 500 remains in a clear … Continue reading →

Posted on February 18, 2020 by The Phoenix | Comments Off on When This Pullback Hits, It’s a Buying Opportunity

Markets were closed yesterday in honor of President’s day, so today (Tuesday) is the first day of market action for the week. Stocks are slightly down as I write this, (less than 0.5). The S&P 500 remains in a clear … Continue reading →

Posted on February 18, 2020 by The Phoenix | Comments Off on Graham Summers’ Weekly Market Update (Week of 2-18-20)

The markets are closed today in the U.S. in honor of President’s day. While the mainstream media continues fearmongering, assuring us that coronavirus or some other issue will soon crash the stock market, stocks are signaling something else completely. As … Continue reading →

Posted on February 17, 2020 by The Phoenix | Comments Off on The Greatest Period of Wealth Generation in History Has Arrived

Ignore the naysayers, the Trump administration has successful engineered an economic boom. I was recently on Cheddar discussing the markets when the anchor raised the fact that the Trump administration failed to achieve its economic goals. This is false. First … Continue reading →

Posted on February 12, 2020 by The Phoenix | Comments Off on A Call to All Investors to Take Advantage of a Once in a Lifetime Opportunity

It’s time to talk about Trump’s second term. The impeachment farce is over, the Fed is now under President Trump’s control, and the U.S. economy continues to strengthen. It is now clear the stock market has begun discounting that President … Continue reading →

Posted on February 7, 2020 by The Phoenix | Comments Off on How to Invest In Preparation For a Trump 2020 Landslide Victory

Tesla (TSLA) is going to ignite a new stock market mania. In case you’ve missed it, TSLA has soared to nearly $900 per share. It was trading at $200 per share back in June 2019. So we’re talking about a … Continue reading →

Posted on February 5, 2020 by The Phoenix | Comments Off on Tesla (TSLA) is Going to Ignite a True Stock Market Mania (Think Tech Bubble 2.0)

Forget everything you hear on the news. Forget the claims of recession. Forget the claims of Trade Wars. Forget all of that stuff. The market only cares about ONE THING. The Fed is pumping its BRAINS OUT. The Fed is … Continue reading →

Posted on January 23, 2020 by The Phoenix | Comments Off on The Fed is Pumping Its BRAINS OUT and Markets Love It

Anyone who bases their investment decisions on economic data last year have lost fortunes. I am speaking from experience here… I was almost one of them! Throughout the first half of 2019, the data pointed to a recession hitting the … Continue reading →

Posted on January 9, 2020 by The Phoenix | Comments Off on I Almost Lost a Fortune Based on Economic Data… This Saved Me

Stocks were sold on Friday, falling to test the first line of support we outlined last week (top red line). That line held and the S&P 500 remains within a bullish rising channel we have been following since mid-October 2019. … Continue reading →

Posted on January 6, 2020 by The Phoenix | Comments Off on Why Trump Wants the S&P 500 at 4,000 by Year-End

Happy New Year’s Eve! As we wind down 2019, stocks are making a small pullback. Barring a complete meltdown today, stocks are about to finish 2019 with gains of over 28%. That’s an incredible return for a single year. And … Continue reading →

Posted on December 31, 2019 by The Phoenix | Comments Off on Four Reasons Why Stocks Will EXPLODE Higher in 2020

The market is telling us that the impeachment process will go nowhere. Very early into his Presidency, Donald Trump branded the stock market’s returns as illustrating the success of his policies. Treasury Secretary Steve Mnuchin even went so far as … Continue reading →

Posted on December 19, 2019 by The Phoenix | Comments Off on The Market Tells Us Impeachment is a Dead-End (and Trump Gets a Second Term)

Yesterday, I noted that the beaten down steel industry was beginning to turn up. Steel is an industrial metal used closely aligned with economic growth. With that in mind, the below chart suggests that the downturn from early 2018 until … Continue reading →

Posted on December 18, 2019 by The Phoenix | Comments Off on Steel and Copper Are Breaking Out… This is NOT Recessionary!

The Fed has now cut rates THREE times this year. That’s THREE rate cuts at a time when the stock market is at all-time highs, unemployment is below 4% and the US economy is growing. The last Fed Chair to … Continue reading →

Posted on November 14, 2019 by The Phoenix | Comments Off on The Last Time the Fed Did This, Stocks Rose 60% in Two Years