Stock Market Final Blow Off Top Just Hit… Next Week Comes the FIREWORKS

By: Graham_Summers

Well, that’s that.

The markets surged on the Fed announcement of NO rate cuts because the market now believes the Fed is GUARANTEED to make a MASSIVE cut in July.

The S&P 500 (blue line in the chart below) hit our upside target for this rally, catching up the breadth (black line in the chart below). We might finish the week around here, but going forward anyone going long is effectively “picking up pennies in front of a steamroller.”

Between their expectation of a MASSIVE rate cut from the Fed in July… and hype and hope of a trade deal between the US and China at the G-20 next week, the markets are primed for MAJOR disappointment.

Look, let’s face the facts…

The Fed did NOT promise a rate cut yesterday. It removed the word “patient” from its statement and stated “uncertainties about this outlook [strong growth and 2% inflation] have increased…”

Nowhere… and I do mean NOWHERE did the Fed say a rate cut was coming. Fed Chair Jerome Powell himself didn’t even hint at a rate cut during his Q&A session stating that “we’d like to see more going forward” before changing course.

Meanwhile, the markets are SCREAMING that the economy has rolled over. The bond market is telling us the S&P 500 should be 17% lower today.

Ignore this all you like, but bonds were right in December… and they’re going to be right again this time.

Which means…

A Crash is coming…

Those investors who take the right steps to prepare for this, will make literal fortunes.

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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