Silver, Not Stocks, is Breaking Out. Here’s How to Play It

Posted on July 22, 2020 by The Phoenix

The market finally poked its head above major resistance (red line in the chart below) yesterday. We now need to wait to see if there is follow through today.

For certain stocks remain in an uptrend (blue line in the chart above).  But without follow through on this breakout, we could easily see a retest of the blue trendline.

The more dramatic development concerns precious metals.

Silver in particular has begun to go vertical, erupting above resistance (red line in the chart below). THIS is where you need to be looking if you’re trying to see major gains fast. 

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make precious metals pay you as inflation rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 29 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Inflation | Comments Off on Silver, Not Stocks, is Breaking Out. Here’s How to Play It

This Unpopular Investment is Exploding Higher… Here’s How to Profit From It

Posted on July 22, 2020 by The Phoenix

The market finally poked its head above major resistance (red line in the chart below) yesterday. We now need to wait to see if there is follow through today.

For certain stocks remain in an uptrend (blue line in the chart above).  But without follow through on this breakout, we could easily see a retest of the blue trendline.

The more dramatic development concerns precious metals.

Silver in particular has begun to go vertical, erupting above resistance (red line in the chart below). THIS is where you need to be looking if you’re trying to see major gains fast. 

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make precious metals pay you as inflation rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 29 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Inflation | Comments Off on This Unpopular Investment is Exploding Higher… Here’s How to Profit From It

The Real Plan for Wealth Taxes Isn’t 2% For Billionaires… It’s 10% for EVERYONE

Posted on July 21, 2020 by The Phoenix

As I noted in yesterday’s article, congresswoman Alexandria Ocasio-Cortez (D-NY) will be the public figure in charge of selling the American people on a “wealth tax.”

President George W. Bush sold America on the Patriot Act.

President Barack Obama sold America on Obamacare.

Alexandria Ocasio-Cortez will be selling America on wealth taxes and other cash grabs.

The ideas of wealth taxes have been floating around the radical left for years. Both former Presidential candidates Bernie Sanders and Elizabeth Warren pushed for wealth taxes during their campaigns.

Warren wanted to tax 2% of assets for households worth more than $50 million and 3% for those worth more than $1 billion. Sanders’ plan was even more aggressive, with a 2% tax on those with a net worth over $32 million and an 8% tax on those worth over $10 billion.

Neither candidate made it to the finish line for the 2020 election, so the left has turned to Alexandria Ocasio-Cortez to pick up the narrative. And just like Warren and Sanders, she’s focusing on the super wealthy, so Americans will “sign off” on the idea.

This same story played out with both the Patriot Act and Obamacare. The political elite always sell the American people on aggressive policies by presenting the policies in the least offensive manner possible.

After all, who could be against the government spying on people if it is designed to just target terrorists?

And who could be against the government taking over healthcare if you can keep your doctor and will save $2,500 per year on your healthcare bills?

And who can be against taxing billionaires and multimillionaires 2% of their net wealth?

Except that’s not the plan at all.

The IMF has already shown us the plan… which is a 10% tax on NET WEALTH for everyone.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels). And believe it or not, some of this plan has already been signed into law.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are made just 100 copies available for FREE the general public.

Today is the last day this report it will be available. We extended the deadline by 24 hours, but this is it. No more extensions.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Wealth Grab | Comments Off on The Real Plan for Wealth Taxes Isn’t 2% For Billionaires… It’s 10% for EVERYONE

No, the Wealth Tax Won’t Be Just For Billionaires… It Will Be For You and Me as Well

Posted on July 21, 2020 by The Phoenix

As I noted in yesterday’s article, congresswoman Alexandria Ocasio-Cortez (D-NY) will be the public figure in charge of selling the American people on a “wealth tax.”

President George W. Bush sold America on the Patriot Act.

President Barack Obama sold America on Obamacare.

Alexandria Ocasio-Cortez will be selling America on wealth taxes and other cash grabs.

The ideas of wealth taxes have been floating around the radical left for years. Both former Presidential candidates Bernie Sanders and Elizabeth Warren pushed for wealth taxes during their campaigns.

Warren wanted to tax 2% of assets for households worth more than $50 million and 3% for those worth more than $1 billion. Sanders’ plan was even more aggressive, with a 2% tax on those with a net worth over $32 million and an 8% tax on those worth over $10 billion.

Neither candidate made it to the finish line for the 2020 election, so the left has turned to Alexandria Ocasio-Cortez to pick up the narrative. And just like Warren and Sanders, she’s focusing on the super wealthy, so Americans will “sign off” on the idea.

This same story played out with both the Patriot Act and Obamacare. The political elite always sell the American people on aggressive policies by presenting the policies in the least offensive manner possible.

After all, who could be against the government spying on people if it is designed to just target terrorists?

And who could be against the government taking over healthcare if you can keep your doctor and will save $2,500 per year on your healthcare bills?

And who can be against taxing billionaires and multimillionaires 2% of their net wealth?

Except that’s not the plan at all.

The IMF has already shown us the plan… which is a 10% tax on NET WEALTH for everyone.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels). And believe it or not, some of this plan has already been signed into law.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are made just 100 copies available for FREE the general public.

Today is the last day this report it will be available. We extended the deadline by 24 hours, but this is it. No more extensions.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Wealth Grab | Comments Off on No, the Wealth Tax Won’t Be Just For Billionaires… It Will Be For You and Me as Well

Bush Sold the Patriot Act, Obama Sold Obama Care, Ocasio-Cortez is Selling Wealth Taxes

Posted on July 20, 2020 by The Phoenix

Yes, the political elite really are coming for your money.

Over the weekend, congresswoman Alexandria Ocasio-Cortez (D-NY) called for a wealth tax on New York billionaires to “benefit working class” New Yorkers.

Why does this matter? How is this any different from any other politician calling for some new policy?

This matters because of what Ocasio-Cortez represents.

She is an extremely popular “front” for the political elite on the left. If she is pushing this idea, it’s because her radical leftist handlers want to introduce the idea of wealth taxes to the general population.

Like every other major policy, the way this is done is by introducing a version of the policy that would be palatable to the average American. In this case it’s “taxing billionaires.”

However, we’ve seen how this template works before with Obamacare (“you can keep your doctor, and your bills won’t go up”), the Patriot Act (“we won’t be spying directly on you, so you don’t need to worry”) and other items (“we aren’t actually bailing out the banks”).

Every single time, the policy is introduced in a friendly way that most Americans agree with… only for us to discover the REAL agenda after the fact: that the actual policy would actually apply to everyone and would in fact be far worse than we were told. 

In this case, the REAL policy the elites want to introduce is to implement a wealth tax on everyone across the board.

Indeed, the IMF, which is the headquarters for the globalist political elite has called for a 10% tax on NET WEALTH for everyone.

 The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

We now know Alexandria Ocasio-Cortez is meant to be the “sales person” for this policy, much as Barack Obama was the salesperson for ObamaCare and George W Bush was the salesman for the Patriot Act/ spying on Americans.

The reality is that much of what’s coming has already been signed into law. Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are made just 100 copies available for FREE the general public.

Today is the last day this report is available to the general public.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Wealth Grab | Comments Off on Bush Sold the Patriot Act, Obama Sold Obama Care, Ocasio-Cortez is Selling Wealth Taxes

Alexandria Ocasio-Cortez and the Coming Cash Grab For ALL Americans

Posted on July 20, 2020 by The Phoenix

Yes, the political elite really are coming for your money.

Over the weekend, congresswoman Alexandria Ocasio-Cortez (D-NY) called for a wealth tax on New York billionaires to “benefit working class” New Yorkers.

Why does this matter? How is this any different from any other politician calling for some new policy?

This matters because of what Ocasio-Cortez represents.

She is an extremely popular “front” for the political elite on the left. If she is pushing this idea, it’s because her radical leftist handlers want to introduce the idea of wealth taxes to the general population.

Like every other major policy, the way this is done is by introducing a version of the policy that would be palatable to the average American. In this case it’s “taxing billionaires.”

However, we’ve seen how this template works before with Obamacare (“you can keep your doctor, and your bills won’t go up”), the Patriot Act (“we won’t be spying directly on you, so you don’t need to worry”) and other items (“we aren’t actually bailing out the banks”).

Every single time, the policy is introduced in a friendly way that most Americans agree with… only for us to discover the REAL agenda after the fact: that the actual policy would actually apply to everyone and would in fact be far worse than we were told. 

In this case, the REAL policy the elites want to introduce is to implement a wealth tax on everyone across the board. 

Indeed, the IMF, which is the headquarters for the globalist political elite has called for a 10% tax on NET WEALTH for everyone.

 The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

We now know Alexandria Ocasio-Cortez is meant to be the “sales person” for this policy, much as Barack Obama was the salesperson for ObamaCare and George W Bush was the salesman for the Patriot Act/ spying on Americans.

The reality is that much of what’s coming has already been signed into law. Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are made just 100 copies available for FREE the general public.

Today is the last day this report is available to the general public.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Wealth Grab | Comments Off on Alexandria Ocasio-Cortez and the Coming Cash Grab For ALL Americans

The Bears Fumbled Yesterday… Will They Recover or Is It New Highs?

Posted on July 15, 2020 by The Phoenix

Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday.

On the surface, the price action felt exciting. But the reality is that Tech Stocks had slammed into resistance at the top of the upwards channel they’ve been forming over the last four weeks (blue lines in the chart below). And try as they might, the bears failed to get the job done… price didn’t even drop to test major support (red line in the chart below).

Even massively overvalued companies like Shopify (SHOP) didn’t break their first line of support (top red line in the chart below). The uptrend remains clear. And this is on a stock that is up over 300% from the lows!

Moreover, the VIX failed to break out of its falling wedge formation (blue lines in the chart below) and fell back below resistance (green lines in the chart below).

If we are going to get a significant drop, bears need to step up today or tomorrow at the latest. Otherwise we’re going to new highs.

Today is the last day our Stock Market Crash Survival Guide will be available to the general public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on The Bears Fumbled Yesterday… Will They Recover or Is It New Highs?

Three Charts I’m Watching For Signs of a Major Pullback

Posted on July 15, 2020 by The Phoenix

Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday.

On the surface, the price action felt exciting. But the reality is that Tech Stocks had slammed into resistance at the top of the upwards channel they’ve been forming over the last four weeks (blue lines in the chart below). And try as they might, the bears failed to get the job done… price didn’t even drop to test major support (red line in the chart below).

Even massively overvalued companies like Shopify (SHOP) didn’t break their first line of support (top red line in the chart below). The uptrend remains clear. And this is on a stock that is up over 300% from the lows!

Moreover, the VIX failed to break out of its falling wedge formation (blue lines in the chart below) and fell back below resistance (green lines in the chart below).

If we are going to get a significant drop, bears need to step up today or tomorrow at the latest. Otherwise we’re going to new highs.

Today is the last day our Stock Market Crash Survival Guide will be available to the general public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on Three Charts I’m Watching For Signs of a Major Pullback

Yes, the Market is in a Bubble. And It May Have Just Burst.

Posted on July 14, 2020 by The Phoenix

The stock market is in a bubble.

Actually, that statement is not 100% correct. SOME stocks are in a massive bubble. Other stocks are not even close.

The bubble we are facing today is in large tech stocks.

To prove this, I’m not going to get into the technology itself, nor am I going to try to get clever with discounted cash flows or some other analysis.

Instead I’m going to use the simplest method of analysis possible: mean reversion.

Why? Because price ALWAYS reverts to the mean.

It doesn’t matter how great management is, nor how fast sales are growing, at some point a stock’s price will revert back to its mean.

For the sake of today’s argument I am using the 50-week moving average (WMA) as the “mean.” If you’re unfamiliar with this concept, the 50-week moving average comes from adding up the closing prices of the last 50 weeks and then dividing that number by 50.

Historically, this line has acted as a magnet for stock prices. In the case of large tech companies today, let’s take a look at Apple (AAPL).

As you can see in the below chart, the 50-week moving average has served as an anchor for AAPL’s stock over the last 10 years. Anytime AAPL has become too “stretched” above or below this line, it has reverted back to it… usually quite quickly.

Now, take a look at how far AAPL’s stock is stretched above the line today compared to other peaks. I’ve actually looked deeper here and AAPL is MORE stretched above its 50-WMA today than at any point in the last 10 years with only one exception.

In 2012, AAPL’s stock was 38% above its 50-WMA. That was a peak.

Later in 2012, AAPL’s stock was 21% above its 50-WMA. That was a peak.

In 2015, AAPL’s stock was 12% above its 50-WMA. That was a peak.

In 2018, AAPL’s stock was 18% above its 50-WMA. That was a peak.

In 2019, AAPL’s stock was 26% above its 50-WMA. That was a peak.

Today, AAPL’s stock is 28% above its 50-WMA.

This is a bubble, plain and simple.

Of course, AAPL stock can continue higher, becoming even more stretched above its 50-WMA but that mean reversion move is coming eventually.

Put simply, the risk to reward for large Tech Stocks is extremely high right now. Yes, you could possibly make money buying AAPL’s stock but the idea you’ll make a lot is minimal.

And at some point, this bubble will burst  as all bubbles do and we will get that mean reversion move.

I believe this move may have started yesterday.

Smart investors are already taking steps to profit from the next major downturn in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are just 9 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity, Debt Bomb, stock collapse? | Comments Off on Yes, the Market is in a Bubble. And It May Have Just Burst.

The 90 Day Debt Holiday is Ending… Now Comes the Bankruptcies

Posted on July 13, 2020 by The Phoenix

We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed.

Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically talking about restaurants, commercial real estate and retail. At that time, multiple large chains informed their lenders that they would NOT be paying rent in April.

Cheesecake Factory, Subway, other major retailers tell landlords they can’t pay April rent due to coronavirus

   Source: Yahoo! Finance. 

To deal with this issue, the banks and large financial institutions gave their borrowers 90-day forbearances on their debt payments… meaning those groups wouldn’t be required to make debt payments for 90 days.

Put another way, the banks told these businesses “don’t worry about making any debt payments for 90 days… but come July you’ll have to start paying us again.”

That was in APRIL… exactly 90 days ago.

Which means… these same businesses will now have to start making debt payments again. And if they have not TRULY recovered from the economic shutdown… we’re about to see a TSUNAMI of defaults and bankruptcies, as well as layoffs and shutdowns. 

This process has already begun as the below headlines reveal:

Wells Fargo reportedly preparing to cut thousands of jobs

United Airlines warns it could furlough 36,000 employees by Oct. 1 as demand remains low

Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores

Muji files for bankruptcy

GNC files for bankruptcy and will close up to 1,200 stores

24 Hour Fitness files for bankruptcy, closes more than 100 gyms

It’s only going to get worse from here on out.

Smart investors are already taking steps to profit from the next major downturn in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are just 9 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Debt Bomb | Comments Off on The 90 Day Debt Holiday is Ending… Now Comes the Bankruptcies

The Fuse is Now Lit on a $10 Trillion Debt Bomb

Posted on July 13, 2020 by The Phoenix

We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed.

Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically talking about restaurants, commercial real estate and retail. At that time, multiple large chains informed their lenders that they would NOT be paying rent in April.

Cheesecake Factory, Subway, other major retailers tell landlords they can’t pay April rent due to coronavirus

   Source: Yahoo! Finance. 

To deal with this issue, the banks and large financial institutions gave their borrowers 90-day forbearances on their debt payments… meaning those groups wouldn’t be required to make debt payments for 90 days.

Put another way, the banks told these businesses “don’t worry about making any debt payments for 90 days… but come July you’ll have to start paying us again.”

That was in APRIL… exactly 90 days ago.

Which means… these same businesses will now have to start making debt payments again. And if they have not TRULY recovered from the economic shutdown… we’re about to see a TSUNAMI of defaults and bankruptcies, as well as layoffs and shutdowns. 

This process has already begun as the below headlines reveal:

Wells Fargo reportedly preparing to cut thousands of jobs

United Airlines warns it could furlough 36,000 employees by Oct. 1 as demand remains low

Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores

Muji files for bankruptcy

GNC files for bankruptcy and will close up to 1,200 stores

24 Hour Fitness files for bankruptcy, closes more than 100 gyms

It’s only going to get worse from here on out.

Smart investors are already taking steps to profit from the next major downturn in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are just 9 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Debt Bomb | Comments Off on The Fuse is Now Lit on a $10 Trillion Debt Bomb

Is the Fed About to Crash the Markets? And Why Would It Do This?

Posted on July 10, 2020 by The Phoenix

Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

GPC79202.png

Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Is the Fed About to Crash the Markets? And Why Would It Do This?

Warning: The Fed’s Balance Sheet Has Fallen For FIVE Weeks Straight

Posted on July 10, 2020 by The Phoenix

Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

GPC79202.png

Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before and brings its balance sheet back below $7 trillion.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: The Fed’s Balance Sheet Has Fallen For FIVE Weeks Straight

Buckle Up… the Fed Just DRAINED $42 Billion in Liquidity From the System

Posted on July 10, 2020 by The Phoenix

Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

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Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Buckle Up… the Fed Just DRAINED $42 Billion in Liquidity From the System

Is the Fed Preparing to Silently End QE?

Posted on July 9, 2020 by The Phoenix

The Fed is preparing to pull the plug on the markets.

Quietly and with little notice, the Fed balance sheet has begun shrinking. Indeed, it started in early June 2020.

It is not coincidence that the S&P 500 peaked around that date.

Much of the prior contractions were due to the Fed reducing its currency swaps. However, this last week, the Fed actually drained $24 billion in liquidity from the system.

This is a BIG NEGATIVE for stocks.

Moreover, the head of the NY Fed’s Markets Group, (the man who in charge of doing the actual buying involved in the Fed’s QE programs) made a speech indicating that the Fed is planning on reducing its QE programs soon. 

Since the SMCCF’s launch, as market functioning has improved, we have slowed the pace of purchases, from about $300 million per day to a bit under $200 million a day. If market conditions continue to improve, Fed purchases could slow further, potentially reaching very low levels or stopping entirely.

Source: The New York Fed.

So the Fed is literally warning us that if the markets continue to rally, the Fed is going to “pull the plug” on QE.

Buckle up.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 29 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Is the Fed Preparing to Silently End QE?

Warning: The Fed is About to “Pull the Plug” on the Markets

Posted on July 9, 2020 by The Phoenix

The Fed is preparing to pull the plug on the markets.

Quietly and with little notice, the Fed balance sheet has begun shrinking. Indeed, it started in early June 2020.

It is not coincidence that the S&P 500 peaked around that date.

Much of the prior contractions were due to the Fed reducing its currency swaps. However, this last week, the Fed actually drained $24 billion in liquidity from the system.

This is a BIG NEGATIVE for stocks.

Moreover, the head of the NY Fed’s Markets Group, (the man who in charge of doing the actual buying involved in the Fed’s QE programs) made a speech indicating that the Fed is planning on reducing its QE programs soon. 

Since the SMCCF’s launch, as market functioning has improved, we have slowed the pace of purchases, from about $300 million per day to a bit under $200 million a day. If market conditions continue to improve, Fed purchases could slow further, potentially reaching very low levels or stopping entirely.

Source: The New York Fed.

So the Fed is literally warning us that if the markets continue to rally, the Fed is going to “pull the plug” on QE.

Buckle up.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 29 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Warning: The Fed is About to “Pull the Plug” on the Markets

What Are the Downside Targets For the Correction?

Posted on July 7, 2020 by The Phoenix

Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on What Are the Downside Targets For the Correction?

The Next Leg Down Starts Now… Are You Ready?

Posted on July 7, 2020 by The Phoenix

Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on The Next Leg Down Starts Now… Are You Ready?

“Minnie Mouse” Wants a Wealth Tax!?!

Posted on July 6, 2020 by The Phoenix

The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on “Minnie Mouse” Wants a Wealth Tax!?!

How the Elites Will Sell Us on Implementing a Wealth Tax in the US

Posted on July 6, 2020 by The Phoenix

The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on How the Elites Will Sell Us on Implementing a Wealth Tax in the US