The Hindenburg Omen: Is the Market Telling Us a Crash is on the Horizon?
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The Hindenburg Omen. The name alone conjures up images of catastrophic disaster, of everything going down in flames. But what is this indicator and what does it really predict? More importantly, is it accurate?
In this TradingTips.com video newsletter, we’ll answer these and other questions. The Hindenburg Omen has been all over the news lately, and has received widespread national exposure thanks to Fox News host Glenn Beck. But is the indicator for real, or does it just have a scary name that helps drive TV ratings? The answer to that question could mean the difference between poverty and paradise for some traders.
In this episode, you’ll learn:
- What exactly the Hindenburg Omen is (0:40)
- About the complementary McClellan Oscillator, which is often glossed over or ignored in news reports (1:21)
- If/when the Hindenburg Omen has been triggered in the past couple of weeks (2:10)
- Most importantly of all: Statistical data citing the accuracy of its predictions (2:32)
You don’t always get the full story from the talking heads on TV — whether they’re political shock jocks or supposed financial reporters, it doesn’t really make a difference. Their game is selling commercials; not providing you with accurate information that you can actually use in your trading and investing. It would be easy to write off the Hindenburg Omen as the creation of the sensationalist media, but it deserves a serious look. And that’s what we give it in this episode.
Happy Trading!
Manny Backus
CEO, Wealthpire Inc.
P.S. Next week we’ll be taking a deeper look at the McClellan Oscillator, referenced in this episode. Stay tuned!
Episode 59 — The Hindenburg Omen: Is the Market Telling Us a Crash is on the Horizon?
