Warning: Friday's Tech Bloodbath Could Be the Start of Something BAD

Phoenix Capital Research's picture

As we’ve noted time and again, the market is NOT healthy.

All told, just five companies have accounted for nearly HALF of the market’s gains in 2017. Most S&P 500 companies are in fact DOWN and some are DOWN quite a lot.

That’s actually the good news… because on Friday, the five companies that were driving the market (Facebook, Apple, Amazon, Google, and Microsoft) were a BLOODBATH.

Apple has now lost its bull market trendline.

So has Amazon.

And Google.

While Facebook and Microsoft are on the ledge of a cliff.

This is a MAJOR warning to the markets. When the big market leaders break down and erase months’ worth of gains in a single day, the momentum is gone.

A Crash is coming..

And smart investors will use it to make literal fortunes from it.

To pick up a FREE report outlining three investment strategies on how to profit from the coming crash... 

CLICK HERE NOW!n

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

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Burticus's picture

MiFAAG (Microsoft, Facebook, Apple, Amazon & Google)

Salento1969's picture

All 5 internationalist run companies are hostile to America, hope they all fail.  They are being propped up by printed fake money.

SummerSausage's picture

These left wing darling stocks are in a bubble of their own, flogged by crooked leftist elites.  I've been asking why Apple has such a high valuation for the past 4 years.  What innovation has Cook presided over?

Microsoft was counting on an endless future of big government transfer payments from Common Core testing.

Amazon has a great customer base but still can't turn a profit so it reaches out to EBT card holders to get taxpayers to fund it.

Facebook? Is there any proof that advertising on Facebook truly delivers?  I'd like to see it.  Just as Facebook took over the market from MySpace, there's a competitor out there who possibly won't be a leftojihadi.

Google. Great search engine.  Can there not be a better one ---ever?

silverer's picture

We call this week in the markets "a defining moment".

Erek's picture

Has anyone heard what the shoeshine-boy is doing?

syzygysus's picture

I hear he's drinking Ripple and sucking up Bitcoin.

syzygysus's picture

Wake me up when the market circuit breakers trip 2 or 3 times.