Something Has Changed in the Markets

Something has changed in the market.

The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over.

More and more, that is looking like a false breakout. This opens the door to a SHARP correction downwards. The first major line of support is just below 2,800 at 2,780.

That is the GOOD outcome. The BAD one is if US stocks finally get contaminated with what the rest of the world is currently facing= a full-scale meltdown. If the US goes the same route as China, the Emerging Markets, industrial metals, and other growth-related asset classes, the S&P 500 could easily collapse to sub-2,600.

That’s the pretty bad outcome. The REALLY bad one is that the Everything Bubble bursts and we swiftly move into a crisis that makes 2008 seem like a picnic.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

Posted by Phoenix Capital Research in stock collapse?
Is This the Nastiest Chart in the World?

Is This the Nastiest Chart in the World?

Something has changed in the market.

The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over.

More and more, that is looking like a false breakout. This opens the door to a SHARP correction downwards. The first major line of support is just below 2,800 at 2,780.

That is the GOOD outcome. The BAD one is if US stocks finally get contaminated with what the rest of the world is currently facing= a full-scale meltdown. If the US goes the same route as China, the Emerging Markets, industrial metals, and other growth-related asset classes, the S&P 500 could easily collapse to sub-2,600.

That’s the pretty bad outcome. The REALLY bad one is that the Everything Bubble bursts and we swiftly move into a crisis that makes 2008 seem like a picnic.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

Posted by Phoenix Capital Research in stock collapse?
Will China’s “Flu” Spread to the US Next?

Will China’s “Flu” Spread to the US Next?

Something has changed in the market.

The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over.

More and more, that is looking like a false breakout. This opens the door to a SHARP correction downwards. The first major line of support is just below 2,800 at 2,780.

That is the GOOD outcome. The BAD one is if US stocks finally get contaminated with what the rest of the world is currently facing= a full-scale meltdown. If the US goes the same route as China, the Emerging Markets, industrial metals, and other growth-related asset classes, the S&P 500 could easily collapse to sub-2,600.

That’s the pretty bad outcome. The REALLY bad one is that the Everything Bubble bursts and we swiftly move into a crisis that makes 2008 seem like a picnic.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

Posted by Phoenix Capital Research in stock collapse?

Momentum is Gone From the Market.. So What’s Next?

Something has changed in the market.

The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over.

More and more, that is looking like a false breakout. This opens the door to a SHARP correction downwards. The first major line of support is just below 2,800 at 2,780.

That is the GOOD outcome. The BAD one is if US stocks finally get contaminated with what the rest of the world is currently facing= a full-scale meltdown. If the US goes the same route as China, the Emerging Markets, industrial metals, and other growth-related asset classes, the S&P 500 could easily collapse to sub-2,600.

That’s the pretty bad outcome. The REALLY bad one is that the Everything Bubble bursts and we swiftly move into a crisis that makes 2008 seem like a picnic.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

Posted by Phoenix Capital Research in stock collapse?
Stocks Face Three Potential Outcomes: Pretty Bad, Bad and Horrific

Stocks Face Three Potential Outcomes: Pretty Bad, Bad and Horrific

Something has changed in the market.

The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over.

More and more, that is looking like a false breakout. This opens the door to a SHARP correction downwards. The first major line of support is just below 2,800 at 2,780.

That is the GOOD outcome. The BAD one is if US stocks finally get contaminated with what the rest of the world is currently facing= a full-scale meltdown. If the US goes the same route as China, the Emerging Markets, industrial metals, and other growth-related asset classes, the S&P 500 could easily collapse to sub-2,600.

That’s the pretty bad outcome. The REALLY bad one is that the Everything Bubble bursts and we swiftly move into a crisis that makes 2008 seem like a picnic.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

Posted by Phoenix Capital Research in It's a Bull Market
Contagion Risk is Now Spreading, And the US is NOT Immune

Contagion Risk is Now Spreading, And the US is NOT Immune

As we noted yesterday, the global financial system is beginning to experience its first taste of “contagion” risk in years.

US stocks remains clueless to this… but it’s doubtful that will continue

China (black line in chart below) has imploded and is in a full-blown bear market. The odds that the US stock market (blue line in charts below) can avoid what’s affecting China are low.

 

This is not just a stock story either, this is a GROWTH story. Both Lumber and Copper (two of the most economically sensitive commodities) have collapsed. Here again, the US stock market is clueless. Will it continue?

Copper vs. the S&P 500:

Lumber vs. the S&P 500:

If you think this can’t spread to the US, think again. The market has is about to test the downside of a rising wedge pattern. A break here targets the mid 2600s.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 56 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

Posted by Phoenix Capital Research in It's a Bull Market

Global Trade Watch: Three Export-Centric Markets Are Melting Down

The markets are getting downright ugly. If things don’t turn up soon we could be at the point at which the Everything Bubble begins to burst.

While US stocks have performed relatively well recently, globally things are looking worse and worse.

Germany’s DAX never reclaimed its former high established back in January. Instead it’s been carving out a massive Head and Shoulders pattern. Germany is the fourth largest economy in the world and heavily reliant on exports for growth. This chart pattern doesn’t bode well for global trade or growth.

South Korea is another export-focused economy that serves as a bell weather for global growth. This is particularly true given its connection to Asia (China accounts for 25% of SK’s exports, while ASEAN countries account for another 14%).

South Korea’s stock market, the KOSPI, has lost its bull market trendline (blue line). It is now struggling to reclaim former support (red line).  This again suggests global growth and trade have slowed dramatically.

And finally there’s China: the second largest economy in the world, and the primary driver for economic growth in the post-2008 business cycle. Here again, we’ve lost the bull market trendline (blue line). And China has since been rejected at former support (red line) multiple times.

Just one of these charts would be a warning to investors… but all three together suggest that global growth has completely crashed. All around the world, the peak was in January 2018… and since that time most markets have been in MAJOR downtrends if not outright bear markets.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 67 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in The Everything Bubble
China Sneezed… Will the World Catch Cold?

China Sneezed… Will the World Catch Cold?

The markets are getting downright ugly. If things don’t turn up soon we could be at the point at which the Everything Bubble begins to burst.

While US stocks have performed relatively well recently, globally things are looking worse and worse.

Germany’s DAX never reclaimed its former high established back in January. Instead it’s been carving out a massive Head and Shoulders pattern. Germany is the fourth largest economy in the world and heavily reliant on exports for growth. This chart pattern doesn’t bode well for global trade or growth.

South Korea is another export-focused economy that serves as a bell weather for global growth. This is particularly true given its connection to Asia (China accounts for 25% of SK’s exports, while ASEAN countries account for another 14%).

South Korea’s stock market, the KOSPI, has lost its bull market trendline (blue line). It is now struggling to reclaim former support (red line).  This again suggests global growth and trade have slowed dramatically.

And finally there’s China: the second largest economy in the world, and the primary driver for economic growth in the post-2008 business cycle. Here again, we’ve lost the bull market trendline (blue line). And China has since been rejected at former support (red line) multiple times.

Just one of these charts would be a warning to investors… but all three together suggest that global growth has completely crashed. All around the world, the peak was in January 2018… and since that time most markets have been in MAJOR downtrends if not outright bear markets.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 67 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market

Labor Day Special Extended on the Kindle Version of My Book

Dear Reader,

If you’re looking for answers as to why the US financial system is the way it is… or have questions about what’s coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.

If you’ve yet to pick up a copy, grab one now. You’ll immediately know more about how the financial system works (as well as what’s come) than anyone else in your social circle.

If you’ve already bought a copy, PLEASE leave us a review on Amazon. It will help get the word out!

This book is a distillation of over a decade of work. It is divided into two sections (How We Got Here and What’s to Come).

How We Got Here outlines everything you need to know about how the US financial system was created, developed, and currently operates “behind the scenes.” Anyone who reads it will have a better understanding of these issues than 99% of the public.

What’s to Come outlines what the next round of Federal Reserve policy will look like when The Everything Bubble (the bubble in sovereign bonds) bursts. It presents a road map for how the next crisis will play out as well as how the Fed will react to what’s coming.

Again, you can purchase the book by CLICKING HERE.

Thank you for your business. I hope you enjoy reading this book. I simply couldn’t be prouder of it.

Best Regards,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market

Don’t Miss Out on This Kindle Special!

Dear Reader,

If you’re looking for answers as to why the US financial system is the way it is… or have questions about what’s coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.

If you’ve yet to pick up a copy, grab one now. You’ll immediately know more about how the financial system works (as well as what’s come) than anyone else in your social circle.

If you’ve already bought a copy, PLEASE leave us a review on Amazon. It will help get the word out!

This book is a distillation of over a decade of work. It is divided into two sections (How We Got Here and What’s to Come).

How We Got Here outlines everything you need to know about how the US financial system was created, developed, and currently operates “behind the scenes.” Anyone who reads it will have a better understanding of these issues than 99% of the public.

What’s to Come outlines what the next round of Federal Reserve policy will look like when The Everything Bubble (the bubble in sovereign bonds) bursts. It presents a road map for how the next crisis will play out as well as how the Fed will react to what’s coming.

Again, you can purchase the book by CLICKING HERE.

Thank you for your business. I hope you enjoy reading this book. I simply couldn’t be prouder of it.

Best Regards,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in The Everything Bubble
Emerging Markets Are Crashing… Has the Everything Bubble Burst?

Emerging Markets Are Crashing… Has the Everything Bubble Burst?

The markets are getting downright ugly. If things don’t turn up soon we could be at the point at which the Everything Bubble begins to burst.

While US stocks have performed relatively well recently, globally things are looking worse and worse.

Germany’s DAX never reclaimed its former high established back in January. Instead it’s been carving out a massive Head and Shoulders pattern. Germany is the fourth largest economy in the world and heavily reliant on exports for growth. This chart pattern doesn’t bode well for global trade or growth.

South Korea is another export-focused economy that serves as a bell weather for global growth. This is particularly true given its connection to Asia (China accounts for 25% of SK’s exports, while ASEAN countries account for another 14%).

South Korea’s stock market, the KOSPI, has lost its bull market trendline (blue line). It is now struggling to reclaim former support (red line).  This again suggests global growth and trade have slowed dramatically.

And finally there’s China: the second largest economy in the world, and the primary driver for economic growth in the post-2008 business cycle. Here again, we’ve lost the bull market trendline (blue line). And China has since been rejected at former support (red line) multiple times.

Just one of these charts would be a warning to investors… but all three together suggest that global growth has completely crashed. All around the world, the peak was in January 2018… and since that time most markets have been in MAJOR downtrends if not outright bear markets.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 67 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in The Everything Bubble

Amazon is Running a Special on My Book

Dear Reader,

If you’re looking for answers as to why the US financial system is the way it is… or have questions about what’s coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.

If you’ve yet to pick up a copy, grab one now. You’ll immediately know more about how the financial system works (as well as what’s come) than anyone else in your social circle.

If you’ve already bought a copy, PLEASE leave us a review on Amazon. It will help get the word out!

This book is a distillation of over a decade of work. It is divided into two sections (How We Got Here and What’s to Come).

How We Got Here outlines everything you need to know about how the US financial system was created, developed, and currently operates “behind the scenes.” Anyone who reads it will have a better understanding of these issues than 99% of the public.

What’s to Come outlines what the next round of Federal Reserve policy will look like when The Everything Bubble (the bubble in sovereign bonds) bursts. It presents a road map for how the next crisis will play out as well as how the Fed will react to what’s coming.

Again, you can purchase the book by CLICKING HERE.

Thank you for your business. I hope you enjoy reading this book. I simply couldn’t be prouder of it.

Best Regards,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in The Everything Bubble

Warning: Global Growth is Gone… What Comes Next Won’t Be Pretty

The markets are getting downright ugly.

While US stocks have performed relatively well recently, globally things are looking worse and worse.

Germany’s DAX never reclaimed its former high established back in January. Instead it’s been carving out a massive Head and Shoulders pattern. Germany is the fourth largest economy in the world and heavily reliant on exports for growth. This chart pattern doesn’t bode well for global trade or growth.

South Korea is another export-focused economy that serves as a bell weather for global growth. This is particularly true given its connection to Asia (China accounts for 25% of SK’s exports, while ASEAN countries account for another 14%).

South Korea’s stock market, the KOSPI, has lost its bull market trendline (blue line). It is now struggling to reclaim former support (red line).  This again suggests global growth and trade have slowed dramatically.

And finally there’s China: the second largest economy in the world, and the primary driver for economic growth in the post-2008 business cycle. Here again, we’ve lost the bull market trendline (blue line). And China has since been rejected at former support (red line) multiple times. 

Just one of these charts would be a warning to investors… but all three together suggest that global growth has completely crashed. All around the world, the peak was in January 2018… and since that time most markets have been in MAJOR downtrends if not outright bear markets.

It’s only a matter of time before this mess seeps into the US markets. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.

Do NOT delay… there are fewer than 79 slots remaining.

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?

Will the Fed Be Able to Get the Inflation Genie Back in the Bottle This Time?

The inflationary move we predicted is now well underway.

There are numerous inflation measures but the one the Fed primarily focuses on is the Personal Consumption Expenditures Deflator, or PCE Deflator. That metric hit 2.3% year over year in July. Well above the Fed’s 2% inflation target.

That chart is in a STRONG uptrend.

The other inflation measure the Fed focuses on is the Core Personal Consumption Expenditures or Core PCE. That metric hit 2% year over year in July… right smack on the Fed’s target rate of 2%.

Here again, we see a VERY strong uptrend underway.

Put simply, the financial system has shifted into an inflationary framework. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, today is the last day that our Special Investment Report on how to profit from this trend will be available to the public.

We extended the deadline by 24 hours based on this latest inflationary reading… but this is it, no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

Two Charts Every Inflation Denier Needs to See

The inflationary move we predicted is now well underway.

There are numerous inflation measures but the one the Fed primarily focuses on is the Personal Consumption Expenditures Deflator, or PCE Deflator. That metric hit 2.3% year over year in July. Well above the Fed’s 2% inflation target.

That chart is in a STRONG uptrend.

The other inflation measure the Fed focuses on is the Core Personal Consumption Expenditures or Core PCE. That metric hit 2% year over year in July… right smack on the Fed’s target rate of 2%.

Here again, we see a VERY strong uptrend underway.

Put simply, the financial system has shifted into an inflationary framework. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, today is the last day that our Special Investment Report on how to profit from this trend will be available to the public.

We extended the deadline by 24 hours based on this latest inflationary reading… but this is it, no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
The Fed’s Two Favorite Inflation Measures Just Flashed a Major Warning

The Fed’s Two Favorite Inflation Measures Just Flashed a Major Warning

The inflationary move we predicted is now well underway.

There are numerous inflation measures but the one the Fed primarily focuses on is the Personal Consumption Expenditures Deflator, or PCE Deflator. That metric hit 2.3% year over year in July. Well above the Fed’s 2% inflation target.

That chart is in a STRONG uptrend.

The other inflation measure the Fed focuses on is the Core Personal Consumption Expenditures or Core PCE. That metric hit 2% year over year in July… right smack on the Fed’s target rate of 2%.

Here again, we see a VERY strong uptrend underway.

Put simply, the financial system has shifted into an inflationary framework. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, today is the last day that our Special Investment Report on how to profit from this trend will be available to the public.

We extended the deadline by 24 hours based on this latest inflationary reading… but this is it, no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

Warning: Inflation Is Now Well Above the Fed’s Target

The inflationary move we predicted is now well underway.

There are numerous inflation measures but the one the Fed primarily focuses on is the Personal Consumption Expenditures Deflator, or PCE Deflator. That metric hit 2.3% year over year in July. Well above the Fed’s 2% inflation target.

That chart is in a STRONG uptrend.

The other inflation measure the Fed focuses on is the Core Personal Consumption Expenditures or Core PCE. That metric hit 2% year over year in July… right smack on the Fed’s target rate of 2%.

Here again, we see a VERY strong uptrend underway.

Put simply, the financial system has shifted into an inflationary framework. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, today is the last day that our Special Investment Report on how to profit from this trend will be available to the public.

We extended the deadline by 24 hours based on this latest inflationary reading… but this is it, no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity

The Fed is WAY Behind the Curve… and It’s Only Going to Get Worse From Here

The inflationary move we predicted is now well underway.

There are numerous inflation measures but the one the Fed primarily focuses on is the Personal Consumption Expenditures Deflator, or PCE Deflator. That metric hit 2.3% year over year in July. Well above the Fed’s 2% inflation target.

That chart is in a STRONG uptrend.

The other inflation measure the Fed focuses on is the Core Personal Consumption Expenditures or Core PCE. That metric hit 2% year over year in July… right smack on the Fed’s target rate of 2%.

Here again, we see a VERY strong uptrend underway.

Put simply, the financial system has shifted into an inflationary framework. And those who allocate capital in targeted investments to profit from this shift will see truly MASSIVE gains!

On that note, today is the last day that our Special Investment Report on how to profit from this trend will be available to the public.

We extended the deadline by 24 hours based on this latest inflationary reading… but this is it, no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
Two of the Most Important Asset Classes Just Gave Us a Major “Tell”

Two of the Most Important Asset Classes Just Gave Us a Major “Tell”

The $USD has just “figured out” that the Fed will be finished with rate hikes soon.

We get confirmation of this from Oil, which has completely reversed its breakdown and is back at its bull market trendline. 

The $USD and Oil are two of the most important asset classes on the planet. To see both of them shifting towards a “weak $USD” framework is a MAJOR “tell” that the markets are entering a new phase.

To get our investment insights delivered straight to your inbox, join our FREE daily e-letter. You’ll receive over $99 in investment reports FREE.

https://phoenixcapitalmarketing.com/evergreen3reports.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research in It's a Bull Market

Has Gold Finally Bottomed?

Let’s talk about Gold.

Gold has been collapsing in a near straight line since April. This has lead to traders going record short the precious metal and sentiment reaching “2008 meltdown” levels of pessimism. Gold, for most investors, has become a proverbial “four-letter word.”

Having said that, Gold has just staged its first significant bounce since the bloodbath began four months ago. The issue now is whether or not it’s a “dead cat bounce.” On the positive side, the bounce has broken the downtrending channel that has determined Gold’s price action.

Also on the positive side, Gold has established a series of higher highs and higher lows during this bounce. And this latest correct move looks a big like the one that hit a week ago.

However, the BAD news is that Gold has ALSO just been rejected at resistance. Had the precious metal taken this line out wihthout difficulty, there would be serious cause for celebration. But unfortunately Gold traders are not ready to commit the capital to make this happen.

The good news, however, is that Gold is currently tracking the $USD. The below chart reveals Gold (black line) overlaid with an inverted $USD (so if the $USD rallies the blue lines falls).

As you can see, the two are moving in lockstep. Which is why, if you’re a $USD bear, and believe that the financial system is shifting into a “weak $USD” phase, you’re starting to get excited about Gold again.

The long-term chart paints a nice picture for what I’m expecting. The $USD has in fact been forming a series of lower lows since 2014. The next low will take us to the mid’80s (see the red arrow).

GPC823182.png

That’s a heck of a “tell” from the markets. And it’s “telling” us that we’re about to see a major inflationary move as the $USD drops hard. This will be sending Gold and other “weak-$USD” plays on a major bull run.

We just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm

Today is the last day this report will be available to the public.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market