Are Stocks About to Start the Next Leg Down?

By: Graham_Summers

A key issue to note if you want to time market turns is that stocks are always the last asset class to “get it.”

Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January ’16 lows.

HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).

With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce. If anything HYG is lagging and preparing to roll over again (blue line vs. black line).

This is a major warning to the bulls. Credit isn’t buying this rally for a minute. And remember, stocks are always last to “get it.” And the next leg down will be far worse than the first.

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.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time 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.

© 2018 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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