Warning: The Stock Market is on VERY Thin Ice

By: Graham_Summers

Yesterday’s drop did a lot of damage to the rally.

Stocks rolled over after hitting resistance (red line). They also broke the bearish rising wedge formation they’ve been forming over the last month (blue lines).

This is very bad news. Stocks had every reason to break to new highs between the Fed pumping billions of dollars in liquidity into the system and the trade deal progressing (China will be visiting the U.S. in October).

And yet, stocks couldn’t get it done. Instead they rolled over.

When everything points towards a bullish outcome and things get bearish, it’s extremely BAD for the markets.

So what comes next?

Momentum stocks are all suggesting a major breakdown is coming. Netflix, Wayfair and Tesla, all of them Wall Street darlings suggest the market could collapse 2,500 or lower.

Unfortunately that’s not the worst of it either.

Real world economic indicators say the market could go even lower.

Fed Ex, a major global bell-weather says the market could drop 2,400. And copper and Treasuries suggest the markets could crash to 2,000 or lower.

A Crash is coming… and smart investors are preparing NOW before it hits.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

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

To pick up one of the last remaining copies…

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

Graham Summers

Phoenix Capital Research

http://www.phoenixcapitalmarketing.com

Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and unde74rvalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.

Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.

© 2019 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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