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The Two Charts That Have Central Bankers Terrified

Phoenix Capital Research's picture




 

 

Japan continues to impode. We’ve now taken out the trendline that supported this rally since November.

 

 

Not a pretty chart. Certainly not a pretty chart for Central Bankers, who believe QE can drive stocks only up. After all, Japan’s Nikkei is in a bear market only two months after the Bank of Japan announced a record QE.

 

Speaking of trendlines, the S&P 500 is on the ledge of a cliff. Bernanke bought six months’ of market gains with QE 4. Now he’s got a bubble on his hands. And if he even hints at tapering QE at next week’s Fed meeting, the markets could implode.

 

 

Investors take note, the markets are sending us MAJOR warning signals. Indeed, I don’t remember seeing this many signs of a major top since 2007/2008.

 

We all know how that ended.

For more market insights visit us at www.gainspainscapital.com

Best Regards

Graham Summers

 

 

 

 

 

 

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Thu, 06/13/2013 - 16:07 | 3655373 mt paul
mt paul's picture

for a drowning market

bubbles show that there is still life

when the bubbles stop....

game over..

 

Thu, 06/13/2013 - 16:05 | 3655358 OutLookingIn
OutLookingIn's picture

Oh 'Little Man' so spic and span,

Where were you? When the shit hit the fan!

Thats why Benny desperately wants out. January can't come fast enough for him!

Until then,we keep listening to the band, "Benny and his Ink Jets" play the same tune over and over. lol

Thu, 06/13/2013 - 16:00 | 3655324 Lmo Mutton
Lmo Mutton's picture

GS says re-enter the long with a target of ......

Thu, 06/13/2013 - 15:31 | 3655129 ebworthen
ebworthen's picture

I cannot believe the number of U.S. stocks that are up 50%+ in the past year; not based on cash flow, sales, or an improving economy but on speculation and "free" liquidity from the FED.

It is mass hysteria, it is the South Seas bubble, the Black Tulip bubble, with commercials and media propaganda.

The pop is going to be at least four times more epic than 2008 ever was.

A tragic downfall brought about by gargantuan hubris.

Fri, 06/14/2013 - 18:40 | 3659670 Umh
Umh's picture

If you look at and study the great depression very throughly then I guess you can come close to recreating it.

Thu, 06/13/2013 - 14:59 | 3654931 A. Magnus
A. Magnus's picture

Notice how the fucktard inbred Wall Street cocksuckers are monkey hammering PMs again today. Must be that the ballsack felchers in the minion collaborator classes haven't had enough time to load up on physical just yet...

Thu, 06/13/2013 - 14:47 | 3654871 Praetorian Guard
Praetorian Guard's picture

Perhaps there is some method to the madness? Though I can't think of one logical one...

Thu, 06/13/2013 - 14:48 | 3654879 BraveSirRobin
BraveSirRobin's picture

Only if you throw chicken bones on top of the chart. Then it would make sense.

Thu, 06/13/2013 - 14:36 | 3654825 BraveSirRobin
BraveSirRobin's picture

Using charts to devine the future is a fool's game.

Put me down as a guy who tries and look at the fundamentals of the situation.

Having said that, as some one said, Japan is a bug in search of a windshield. Their real problem is imploding demographics. China will follow this course, too, in due time.

Thu, 06/13/2013 - 16:03 | 3655341 Boris Alatovkrap
Boris Alatovkrap's picture

Amerika problem is pediatrician is believe free when is really serf like rest of world.

Thu, 06/13/2013 - 16:04 | 3655348 Boris Alatovkrap
Boris Alatovkrap's picture

Sorry, Boris is not intend "foot doctor", but is meaning "pedestrian".

Thu, 06/13/2013 - 14:35 | 3654816 gorillaonyourback
gorillaonyourback's picture

Plumge protection is on its way no need to worry move along go watch tv

Thu, 06/13/2013 - 13:03 | 3654505 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

First bounce off trend channel.

The overnight futures ramp was of course based on ...

Thu, 06/13/2013 - 16:01 | 3655331 Boris Alatovkrap
Boris Alatovkrap's picture

Watch for Dead Cat Bounce. Remember shave cat before cook.

Thu, 06/13/2013 - 16:26 | 3655486 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

At least you don't have to pluck it. We got that going for us.

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