Hold onto your hats, folks! The Hindenburg Omen flashed an
initial sell signal earlier this May, signaling market turbulence
ahead. It's named after the infamous Hindenburg disaster, for
a reason! Historically, these signals have happened right before
significant downturns.
Posted by DigiNomad on 9th of Jun 2024 at 08:22 pm
I posted about this last weekend. The market went up, but it's
not a "it's happening now" kind of signal. Weird times with
the dollar being printed at never before seen levels. Prices should
go down but when the king is flooding the system with currency,
everything is skewed and prices (rationally) go up instead.
Dilute the currency and it can buy less...prices go up...even
as economic activity goes down.
In related news, even the mainstream media this weekend was
like, Dude / Biden, come on man. We have done your bidding and
parroted almost any narrative you want us to put out for years now
but these job numbers are beyond the pale. If we repeat them
without any question of the validity, we'll lose all credibility.
So many ran stories about the Gov numbers being worthless at this
point. The Gov overplayed their hand with manipulated numbers -
most consider them trash at this point.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
StockCharts.comreposted D avid Keller, CMT @DKellerCMT Jun 7 Hold onto
Posted by EdZ on 9th of Jun 2024 at 07:45 pm
StockCharts.comreposted
D avid Keller, CMT @DKellerCMT
Hold onto your hats, folks! The Hindenburg Omen flashed an initial sell signal earlier this May, signaling market turbulence ahead. It's named after the infamous Hindenburg disaster, for a reason! Historically, these signals have happened right before significant downturns.
Historically I believe Hindenburg have
Posted by elementsix on 9th of Jun 2024 at 11:10 pm
Historically I believe Hindenburg have been accurate about 25% of the time.
I posted about this last
Posted by DigiNomad on 9th of Jun 2024 at 08:22 pm
I posted about this last weekend. The market went up, but it's not a "it's happening now" kind of signal. Weird times with the dollar being printed at never before seen levels. Prices should go down but when the king is flooding the system with currency, everything is skewed and prices (rationally) go up instead. Dilute the currency and it can buy less...prices go up...even as economic activity goes down.
In related news, even the mainstream media this weekend was like, Dude / Biden, come on man. We have done your bidding and parroted almost any narrative you want us to put out for years now but these job numbers are beyond the pale. If we repeat them without any question of the validity, we'll lose all credibility. So many ran stories about the Gov numbers being worthless at this point. The Gov overplayed their hand with manipulated numbers - most consider them trash at this point.