Category Archives: stock collapse?

By Graham Summers, MBA Something MAJOR happened last week for Tech Stocks. That something? The NASDAQ failed to reclaim its 200-week moving average (WMA). See for yourself. Why does this matter? The NASDAQ has only lost its 200-WMA two other … Continue reading →

By Graham Summers, MBA As I warned earlier this week, stocks have lost their 200-day moving average (DMA). This is a MAJOR development. In terms of seasonality, things are usually quite bullish this time of year (the famed “Santa rally”). … Continue reading →

By Graham Summers, MBA So much for the Fed pivot! Ever since the Fed began tightening monetary policy in March of 2022, numerous pundits, social media personalities, and financial media types have been pushing the notion that the Fed will … Continue reading →

By Graham Summers, MBA Once again, the bean counters at the Bureau of Labor Statistics (BLS) made the economy look better than reality. According to the BLS, the economy added 261,000 jobs in October. This was significantly higher than the 200,000 that … Continue reading →

By Graham Summers, MBA The financial system is currently experiencing a “relief rally.” For the eight weeks ending October 28th, the primary problems facing the financial system were: 1)    The collapse of the British Pound/ UK Government Bonds 2)    The … Continue reading →

By Graham Summers, MBA Great news… the economy recovered in Q3! According to the Bureau of Economic Analysis (BEA), the U.S. economy grew at an annual rate of 2.6% in 3Q22. So all of our concerns about a recession were … Continue reading →

By Graham Summers, MBA The financial markets are now experiencing their 3rd “the Fed is about to pivot” delusion.  Ever since the Fed started tightening monetary policy in March 2022, the financial media and social media have been abuzz with … Continue reading →

By Graham Summers, MBA Bad news for anyone who’s bullish. The yield on the 2-year U.S. Treasury just hit a new high. This entire collapse in stocks thus far in 2022 has been due to Treasury yields rising. Put another … Continue reading →

By Graham Summers, MBA The situation in the United Kingdom (U.K) is accelerating now. Several weeks ago, the new government in the UK introduced a tax cut. The financial system revolted, with the British pound collapsing… And British government bond … Continue reading →

By Graham Summers, MBA Stocks are now in very serious trouble. The ENTIRE collapse thus far in this bear market for stocks has been due to bond yields rising. When Treasuries were yielding 0.25%, investors were willing to pay 20-22 … Continue reading →

By Graham Summers, MBA Let’s talk about market structure. The S&P 500 is extremely weighted towards Tech stocks. Tech is the largest sector by weighting. It is in fact larger than the weighting of the 2nd and 3rd largest sectors combined. Put … Continue reading →

By Graham Summers, MBA I’ve received a number of emails asking me why stocks rallied from mid-March until this week despite the clear and obvious warning signals I’ve flagged: the economy rolling over, supply chain disruptions, inflation, and a hawkish … Continue reading →

By Graham Summers, MBA “Someone” is manipulating stocks higher. And the manipulations are getting even more desperate. Over the last two weeks, there has been a determined effort to manipulate the stock market higher. Time and again, stocks have gone … Continue reading →

By Graham Summers, MBA Do you feel that? I’m sure on some level you do… Something isn’t right about this rally in stocks. Something doesn’t add up. In fact, something very bad is brewing in the financial system. Stocks have erupted higher … Continue reading →