ALERT: 3rd Largest Cluster Of Hindenburg & Titanic Warnings Since 2009

Trouble is brewing underneath the stock market as last week saw the 3rd largest cluster of Hindenburg and Titanic warnings since 2009.

Every day last week triggered a Hindenburg or Titanic technical warning signal. Similar clusters preceded consistent weakness across stocks, good for volatility. — Jason Goepfert

Hindenburg Omen – periods of weakening breadth during rising markets, with many 52-week highs and lows

Titanic Syndrome – a recent 52-week high in stocks followed by a day with more stocks at 52-week lows than highs

Hindenburgs & Titanics
September 10 (King World News) – Here is a portion of today’s note from Jason Goepfert at SentimenTrader:  
Don’t laugh. That seems to the be necessary introduction every time we take a look at the technical warning signs unfortunately called the Hindenburg Omen and Titanic Syndrome. Driven by hyped-up marketing names and scorn by sanctimonious (and hypocritical) fundamental analysts, the signals tend to generate a lot of attention when they fail…


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And like everything else, they do fail. Just not as often as most (including favored fundamental indicators). This is a worry now because last week, the NYSE generated either a Hindenburg or Titanic warning sign. Every single day.

The exchange generated a total of 6 combined warning signs for the week. That’s tied for the 3rd-heaviest cluster of warnings since stocks bottomed in 2009.

Last week triggered the 3rd- most warning signs since stocks bottomed in 2009

King World News note:  There is more to this special report but it is reserved for subscribers of SentimenTrader.  To subscribe or try a free 2 week trial to the internationally acclaimed work that Jason Goepfert produces at SentimenTrader CLICK HERE.

***KWN has now released the fascinating audio interview with Dr. Stephen Leeb and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

ALSO JUST RELEASED: A Legend Kicks Off The Trading Week CLICK HERE TO READ.

***KWN has also released the timely and powerful audio interview with legend Pierre Lassonde and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

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