I'd just like to post this heads up that the Hindenburg Omen came about as close today to issuing its first signal since August of 2010 as we're ever going to see without it actually going off.
Contrary to any and all reports you may have read stating otherwise, the HO has not gone off at any time since that instance back in 2010. A full explanation about why any previous reports that you may have read were absolutely false will be contained in a full article that will appear on this very page when the HO does issue a signal. It's all those false claims by analysts who aren't even aware of the HO's rules that give it such a bad name. It's the real deal, I assure you. So please stay tuned.
Also, please be aware that this type of "near miss" occurred several times in the days leading up to the HO's signal during the week before and the "morning of" the flash crash. Don't forget to click the tab at the top of this page if you haven't already done so and read about "So The HO Issues A Signal. What Happens Next?" Awe to heck with it, just click this thing.
It's still possible the HO won't issue a signal at all, especially if there's some solid buying that enters the market tomorrow and thereafter. It wouldn't take much to change these market internals dynamics for the positive but until we actually see it, rest assured that the market is extremely polarized and fragile right now. But until the HO actually goes off, why don't you come on up north and we'll do a little surfing, Canadian style.
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| Surfin' Like A Boss |
Please feel free to bookmark this page and check in regularly since the HO is just humming right now and has been for the past couple of weeks.
Stay well!
