This page has been archived and commenting is disabled.

Stocks Are Moving Into Dangerous Territory

Phoenix Capital Research's picture




 

It’s possible that the big move we’ve been waiting for is finally here.

 

We’ve just broken below the lower trendline that has been in place since November 2014.

 

 

The significance of this cannot be overstated because the S&P 500 has just completed a massive bearish rising wedge pattern that started at the bottom in 2009. As you can see in the weekly log-scale chart below, we’ve just taken out the lower trendline that has guided the bull market since 2009.

 

 

This would suggest that the bull market in stocks is ending. It’s quite possible that a significant top, and possibly THE top is in for stocks.

 

This would coincide with the proprietary "sell" signal that we received from our long-term trend model last month. As we stated to our subscribers at that time...

This is the same signal that triggered the top for the Tech Bubble and the Housing Bubble. The only other time it triggered was during the Debt Ceiling crisis in 2011. But even at that time stocks still collapsed 20%.

I continue to be concerned that we are at risk of something worse than a 10% correction. A mere 10% correction would only take us to the October 2014 lows.

 

 

This would be just a healthy correction... but given the "behind the scenes" signals I've been getting from the financial system, things could heat up quickly.

We believe the next round of the financial crisis is fast approaching. The next Crisis will be THE REAL Crisis. The Crisis in which Central Banking itself will fail.

 

If you've yet to take action to prepare for this, we offer a FREE investment report called the Financial Crisis "Round Two" Survival Guide that outlines simple, easy to follow strategies you can use to not only protect your portfolio from it, but actually produce profits.

 

We are making 1,000 copies available for FREE the general public.

 

To pick up yours, swing by….

http://www.phoenixcapitalmarketing.com/roundtwo.html

 

Best Regards

Phoenix Capital Research

 

 

 

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/05/2015 - 15:13 | 6167519 TheRideNeverEnds
TheRideNeverEnds's picture

Haha dangerous territory for shorts maybe. This next leg higher after this breakout should be one for the books.

Find insolvent companies with the most shorted stock (plenty to choose from) and buy all the shares you can get your hands on. As the shorts continue to get blown the fuck out you will see massive gains and outperform the rest of the market. Or if you want less work for more money just buy Russell futures, much more leverage and less risk than individual issues.

Fri, 06/05/2015 - 14:57 | 6167466 bozoklown
bozoklown's picture

I'd buy a leveraged short Phoenix Capital ETF if one were available

Fri, 06/05/2015 - 13:53 | 6167271 hibou-Owl
hibou-Owl's picture

10% with
1. Greece
2. China Fifth wave terminal with head and shoulders top
3. Bonds yields Going north
4. Margin debt on the greedy side
5. Oil junk bonds ready for a pounding

10% is just arse covering, you got to be joking.

60% retracement might look fair!

Fri, 06/05/2015 - 12:44 | 6167032 Osmium
Osmium's picture

Trendlines can be redrawn

Fri, 06/05/2015 - 12:39 | 6167009 Comte d'herblay
Comte d'herblay's picture

In the interest of saving y'all's time & egerny, here is the sentence, the only one, you have to notice.

"It’s possible that the big move we’ve been waiting for is finally here."

Here is the equally correct, maybe even more equal, sentence that could just as well tell you all you need to know from Phoenix (Icarus is more like it).

"It’s possible that the big move we’ve been waiting for is NOT finally here."

 

Depends on your definition of, "is". 

Fri, 06/05/2015 - 14:19 | 6167356 slightlyskeptical
slightlyskeptical's picture

"It’s possible that the big move we’ve been waiting for is NOT finally here."

Historically speaking it has been the latter every weekly post for the last 6 years.

Fri, 06/05/2015 - 13:03 | 6167097 Pickleton
Pickleton's picture

Personally, my butthole started doing a little pucker and dance on this one.

 

"The Crisis in which Central Banking itself will fail."

Fri, 06/05/2015 - 11:34 | 6166800 KnuckleDragger-X
KnuckleDragger-X's picture

The stock market is pretty much imaginary these days and everything is determined by rumor and vague statements by the FED. Except for Wall St. players, nobody cares anymore what it does since it no longer has any true factual basis. Personally I prefer five card stud.....

Fri, 06/05/2015 - 15:14 | 6167518 Beam Me Up Scotty
Beam Me Up Scotty's picture

It is imaginary.  Since they can print literally unlimited amounts of money (both physical and digital), they have taken full control of the printing press--and full control of the markets.  And since no one can audit the Fed, who really knows how much they are printing or creating with the stroke of a keyboard.  For all anyone knows there balance sheet is really 40 trillion not 4.  Meanwhile, they can use that money to goalseek any number in any market, and any stock or physical asset they want.  Gold gets to high---knock it down.  Stawks get to low, pump them up.  There will be 3 people working in the USA and the stawk market will be at all time stratospheric highs.

Do NOT follow this link or you will be banned from the site!