By Graham Summers, MBA The stock market is setting up for another puke. High yield credit typically leads the stock market. During the 2020 crash triggered by the economic shutdowns,…
By Graham Summers, MBA You’re no doubt confused by the market’s action of the last week. Are we about to see a waterfall crash… or are stocks about to explode…
Stocks have taken out critical support. The Russell 2000 is perhaps the “junkiest” index among stock indexes with 31% of its companies NOT making profits. So, if the Fed is…
Stocks are on the ledge of a VERY large cliff. Anytime the S&P 500 has taken out its 50-week moving average (WMA), it usually falls to the middle of its…
Stocks took it on the chin last week, slicing through critical support at 4,480 on the S&P 500. All told, this sell-off has erased six months’ worth of gains bringing…
By Graham Summers, MBA Yesterday, I outlined how the markets are likely at a very critical point regarding inflation. By quick way of review: 1) Stocks initially love inflation because it boosts…
By Graham Summers, MBA The Fed just “rang the bell.” One of the oldest adages in investing is that “they don’t ring a bell at the top.” This is quite…
By Graham Summers, MBA The markets are about to lose their “training wheels.” And by the look of things, it won’t be pretty. On March 23, 2020, during the depths…
The technical damage of the last week has been severe. The S&P 500 broke below critical support at 4,705 with heavy selling this week. That’s bad news. Even worse, the…
By Graham Summers, MBA Make no mistake, a crisis is coming. It might not be tomorrow, next week or even next month, but it will be truly life changing for…
By Graham Summers, MBA Let’s cut through the narratives and media “BS.” The Fed is trapped. Inflation is soaring. And the Fed has signaled that it is shifting its focus…
As I’ve been outlining over the last few days, “someone” is aggressively manipulating stocks higher. Large financial institutions do NOT attempt to move markets. In fact, the traders charged with…
The dip buyers got annihilated yesterday. Stocks started the day up as traders “bought the dip” expecting that once again the Fed would intervene to prop the markets up. They…
Let’s cut through the BS here. You cannot predict the future. No one can. Not me. Not Warren Buffett. No one. We cannot predict if omicron will prove to be…
For weeks I’ve been pounding the table that the market is in serious trouble. I’ve shown that four out of the market’s five most heavily weighted stocks have begun breaking…
We are getting DARN close to a top of some kind. The market is being propped up by fewer and fewer stocks. This week, the NASDAQ has had more stocks…
The markets are waiting on President Biden who will announce his nominee for the new Fed Chair in three days’ time (over the weekend). Will current Fed Chair Jerome Powell…
The great inflationary tidal wave continues to worsen. If anything, all signs indicate an absolute bloodbath is coming to the markets. Five-year inflation breakeven’s just hit 3.11%. This is the highest…
Why is the Fed so worried about tapering QE and raising rates? Think about it… The Fed launched this current version of QE in a single day. Why does it…
The Fed is now trapped. Consider: Stocks were just at or are currently at all-time highs, trading at multiples that exceed even those of the Tech Bubble in 1999 (Market…
