Amid the slings and arrows of outrageous fortune in the stock, bond, and commodity markets this week, a few 'rotten' things began to emerge. With major indices diverging notably, new highs and new lows soaring, and breadth deteriorating, analysts noted the re-awakening of The Hindenburg Omen signal Jim Miekka introduced the Hindenburg as a daily rather than weekly measure, Kennedy Gammage gave it the ominous name, and Peter Eliades later added several criteria to reduce the noise of one-off signals, requiring additional confirmation that amounts to a requirement that more than one signal must emerge in the context of an advancing market with weakening breadth.

And this week saw renowned technician Tom McClellan declare a Hindenburg Omen had struck Some signals matter a whole lot, others not so much. As we discussed over 6 years ago, the dreaded Hindenburg Omen is easily the most feared technical pattern in all of chartism for the bullishly inclined. Those who know what it is, tend to have an atavistic reaction to its mere mention.

Stock Market Crash

Those who do not, can catch up on its implications courtesy of Wikipedia, but in a nutshell: It is named after the Hindenburg disaster of May 6th , during which the German zeppelin was destroyed in a sudden conflagration. Yet the statistics are startling: The last Hindenburg Omen occurred as the markets began to roll over in June and did not end well although that had followed a series of false alerts in the QE-enthused melt-up.

And so from the most strict definition, The Hindenburg Omen did not strike this week But it's close and as a reminder, while no Hindenburg flashed, Dana Lyons noted both the number of New Highs and New Lows set 3-month highs just over a week ago. If that sounds odd, it is. In fact, it was only the 2nd day ever in which each set a 3-month high. And since , only 18 prior days saw New Highs and New Lows set as much as a 1-month high. Median returns are negative across nearly all time frames from 1 week to 2 years.

The 2-year result is perhaps the most eye-opening after the 2-month. The market is not typically down over a 2-year period so to see 7 of the 8 instances lower is a rare result. What causes the elevated numbers of New Highs and New Lows? And why would it necessarily be a negative for the stock market? All we care about is what is happening.

And for whatever reason, the market has been especially weak — and consistently so — following the occurrence of lots of New Highs and Lows.

That is a legitimate red flag currently, in our view. The article quoted John Hussman. Here's what the WSJ had to say about Mr. The fund, which charges an annual fee of 1. Super-easy money is like an automatic fire-extinguisher on the market- 'burg.

And for 8 years the extinguishing system has been running full-blast, continually. BUT now with the monetary-halon being threatened to be dialed back by the Yellen fire brigade, ignition of the flammable aluminum powdered skin COULD occur.

Creative, your last paragraph may be very accurate. Especially if Trump can't find a more subtle approach to achieve his goals. I leant about Hindenburg Omen from ZH. After this one, how many does that make? Did any of them forecast anything?

Of course, there will be a greater explosion when the boiler itself can't contain the stress anymore. When Hillary Clinton takes off with Huma to the secret Fail-Safe End Time bunker in Antarctica, then it will be time to panic. I don't have much faith in charts given central banker intervention in markets, but I also think it is a foregone conclusion that TPTB are going to crash the shit out of the markets during Trump's presidency.

Trying to think like the devil If I were being really devilish, I would run up the market nicely up to that point, so the pundits could credit the run up to Obama, and blame the crash on Trump.

When Clinton handed off to Bush. And Gore was left out in the cold. The MSM is already playing up Obama's "gift" to Trump of a "good" and "stable" economy see Clinton News Network.

This sets up the narrative for Trump as the villain and "destabilizer" of O's "wonderful" economy. And the idiot masses will believe this fiction as they usually do. Cannot believe that you all still hold on to the idea that the establishment hates Trump and wants to fuck him over.

Come on people, surely by now you know Trump is more of the same. Any crash will be well telegraphed by TPTB, they will make a killing. It mattters not who rules, the beneficiaries are always the same. I always figured that it was a late cycle signal where interest sensitive stocks were setting new lows while growth stocks set new highs.

Late in an interest rate cycle when growth is perceived to accelerate and bonds sell off money is trying to justify a place for it to hide as the valuation discounting rate rises.

This money is invested with weak conviction and can later be easily shaken out. Thus it sets up a majority of industry groups heading down at the same time later. BWDIK I don't trade stocks. Given the limitless amount of money available to central banks and the ability to write an algorithm that can accomplish anything they want it to accomplish, the Omen can be produced on demand, or squashed, any time they choose to do so.

Ergo, it no longer holds any true predictive value, as was the case in an operational market. First Class wouldn't have even noticed the drama.

In a properly functioning market, a Hindenburg Omen might mean something. The Italians shot down their own Air Minister as one of the first acts upon their entry into WWII, so maybe they can go for the mulligan. What may have meant something or was an ooo As it is now, if lucifaric rockofeller or the sadtanic rothschild baby eating things fart, it is an omen and really means something. Take for instance those farkin zioraellis stealing that radioactive material in Iran and now smuggling it through Iraq to isreal where they can attach it to a dirty bomb they created in the deserts of Jesus sumwhere and then Or somewhere else and blame it on who, Iran?

Of course in commiesatanicdemocrat talk, all this is fake news and could never ever happen in rothschilds pet monkey commieville downtown lizard land tellaviv, Isreal.

Like really, who the fark steals this stuff ND PLys around with it that is sane, or does not have alterior motives? It's totally nigger like, and very typical evil shat that is always so freaking predictable. These losers are so stupid, they do not realize thy are glass to any one with eyes to see, and ears to hear.

Here's our Cookie Policy. How to report offensive comments. Home Contributors Newsletter Donate More Store ZH-TShirt Glossary Archive Manifesto RSS. Dec 3, 9: Twitter Technical Analysis Bond John Hussman Market Crash McClellan Oscillator Twitter.

Printer-friendly version Dec 3, 9: Comment viewing options Flat list - collapsed Flat list - expanded Threaded list - collapsed Threaded list - expanded.

Date - newest first Date - oldest first. Select your preferred way to display the comments and click "Save settings" to activate your changes. Didn't we go throught this Hindenburg nonsense about a year ago? Paul Kersey stocktivity Dec 3, Paul Kersey Paul Kersey Dec 3, Rabbi Chaim Cohen Paul Kersey Dec 3, A market where a Hindenburg Omen warning meant anything hasn't existed for at least 8 years.

That's why I suspect the brigade will chicken out and open the spigots wide again. On the other hand, they may eventually shut it off and let it burn to fuck Trump. PT Rabbi Chaim Cohen Dec 4, 7: JRobby Paul Kersey Dec 4, Wile-E-Coyote stocktivity Dec 4, 7: That Hindenburg thing needs an offset factor plumbed in; Central Bank manipulation.

Panic, QE, War, Expansion. ParkAveFlasher readyforit Dec 3, 9: Hindenburg Shmindenburg, let me know when Gartman sells his kids. RadioFlyer not verified junction Dec 3, LetThemEatRand Dec 3, 9: Seasmoke LetThemEatRand Dec 3, A 'pretty solid' economy". Aw fuck, that calls for one bong hit, two shots and one hell of a firework. Nobodys Home johand inmywallet Dec 3, He's been partying since the Jill the shill Stein article. AlexCharting Dec 3, 9: LetThemEatRand buzzsaw99 Dec 3, 9: Bryan Dec 3, 9: TimmyM Dec 3, Skiprrrdog Dec 3, Mtnrunnr Dec 3, You called this a month ago.

Obama is still in office turn on the printing presses. Wile-E-Coyote tarabel Dec 4, 7: WillyGroper Dec 3, Sanity Bear Dec 3, If I could suck the hydrogen out of all these Hindenburg Omens I'd have my own solar system. Youri Carma Dec 4, RozKo Dec 4, Who gives a fark? Greenspazm Dec 4, 6: Cult of Criminality Dec 4, 6: S Spade Dec 4, 9: Create new account Request new password.

To prevent automated spam submissions leave this field empty. Zero Hedge Reads Acting Man Alt-Market Benzinga Boom Bust Blog Capitalist Exploits China Financial Markets Chris Martenson's Blog Contrary Investor Daneric's Elliott Waves Dr.

New Comments Stick it up your ass From cherry picker. Who said gold crashed? I get Exponere Mendaces. What if the central banks CJgipper.

Trump will easily top Obama's Snaffew. Or W Davy Crockett's to Hammer of Light. Perfect illustration of the hendrik It is totally real and withglee. Democrats Get Crushed In Georgia Election Despite 7x Spending Advantage. Russian, NATO Jets In Near Standoff After F Buzzes Defense Minister's Airplane. At Least It Tried". Will It Be Economic Collapse? We Won't Have To Guess Much Longer ICYMI Last Night Was A Referendum On You, Not Trump.

How to report offensive comments Notice on Racial Discrimination. RanSquawk News ASIAN DAILY ECONOMIC RELEASES CALENDAR NOW AVAILABLE IN THE RESEARCH New Zealand Interest Rate Decision: CME has reduced margins on WTI contracts by 7. ASIA-PAC SERVICE IS NOW LIVE. Oil takes a hit again, setting the tone for the Fed's Powell makes no comment on monetary policy or the economic Oracle ORCL reports Q4 earnings: EPS USD USD 0.

KBS raises stake in Whitestone REIT to 8. Oracle sees Q1 adjusted EPS 59cc, consensus 59c.

Oracle says cloud has become 'dominant growth vehicle' for Six Flags says new credit agreement to reduce interest costs. Taylor Morrison Home TMHC to Offer 10M Shares of Class A Common Stock. Bond market flashing worry on economy, countering Fed view.

QuintilesIMS Q Explores Sale of Contract Sales Business - Reuters.

Be Aware Of The Hindenburg

Oaktree Capital Acquires Additional 1. Cantor Fitzgerald Assumes Paratek Pharmaceuticals PRTK at Overweight. New Residential Investment NRZ Raises Quarterly Dividend 4.

Discrimination Notice Cookie Policy.