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WARNING: The Last Two Times Stocks Did This Were 2000 And 2007

Graham Summers

June 7, 2017

The number of S&P500 companies reporting negative earnings is rising rapidly.

Why does this matter?

It matters because this usually signals right before a stock market peak.

Below is a chart illustrating the percentage of S&P 500 companies reporting negative earnings running back to 1999.

As you can see, we are now at levels that have usually occurred just before stock market peaks (the last two times we were at these levels were 2007 and 2000, respectively).

Both of those times (like today), investors believed that stocks could never go down… that the economy was roaring… that we’d reached a kind of financial utopia.

And both times the whole mess came crashing down.

By the way, this time stocks are in an even larger bubble.

A Crash is coming... and it's going to horrific.

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

To pick up a FREE report outlining how to profit from the coming crash...

CLICK HERE NOW!

Graham Summers
Chief Market Strategist
Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.