Strange strange day today. Market opens up big, sells off, then buying of MRK, BA causes a run up in the DOW 13, while the NASDAQ sells off about (1) ONE full percentage point, and the SNP 500 is down. .
Heavy central bank buying ?? Trying to prevent a massive selloff / correction ?
lol over the past 2 or 3 days I've heard this reference. Please excuse my ignorance. But the only way to get rid of my ignorance is to ask questions. So I'll ask a stupid question............
What exactly IS the Hindenburg Omen? I mean, lol, I know what the Hindenburg was, but......
I'm sure it "means" that we are headed for a major crash, but what is the "omen"?
HO is a set of technical circumstances that show a great deal of uncertainty within the context of a strong stock market. It has zero short term predictive power based on the studies I have seen. Hussman wrote about it this weekend and says the same thing. Cheers.
the hindenburg omen has it appeared? no!!! can it be?
oh my god!!! not the hindenburg!
I can already hear the shrieks of innocent children!
it's like amitvyville horror and the friday the 13th meet the stock market!
there's gonna be jack o lanterns in the windows of the exchanges on monday... on the floor you're gonna see traders in ghoul masks and skeleton suits....
the hindenburg omen! the hindenberg omen! run for your life!! ahhhhhhhhhhhhh