Tax cut sugar high goes away soon…. pic.twitter.com/xkJfikkaJr
— M/I_Investments (@MI_Investments) September 27, 2018
Over the past 4 weeks a total of 20 Hindenburg Omens have been triggered on the NYSE and Nasdaq, the most in over 40 years: t.co/rmFtDVZPs4 pic.twitter.com/mDAWuf1c7j
— Jesse Felder (@jessefelder) September 26, 2018
A month ago I noted here that the Nasdaq had triggered another cluster of Hindenburg Omens. Over the past couple of weeks it has triggered another cluster but what is even more notable is the streak at the NYSE. Over the past ten days, this exchange has triggered an omen every day. Such a streak has not happened over at least the past 40 years. This brings the total number of omens triggered on both exchanges over the past month to 15, the most since December of 1999, just before the peak of the Dotcom Mania.
Yesterday (“today is the day”)
the #SP500 closed within 0.6% of its 5-year & record high, while #NYSE composite’s new lows exceeded 4% of issues; more than 50% above the number of new highs.This only happened a few times in recent history🤔
Via @hussmanjp pic.twitter.com/nOPOIr0Gbz
— OW (@OccupyWisdom) September 27, 2018
Today is the second day pic.twitter.com/c0glwjHbSp
— OW (@OccupyWisdom) September 26, 2018
Looks like this post scenario is tracking pic.twitter.com/dKIbMBpDGG
— mcm-ct.com (@mcm_ct) September 26, 2018