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US-Israeli Strikes Pound Residential Targets in Iran
US-Israeli strikes in Iran pounded residential areas across Iran on Saturday and Sunday as the bombing campaign continues to heave devestating impact on Iranian civilians. Citing Iranian media, AFP reported that overnight strikes from Friday into Saturday on residential areas in the western city of Borujerd killed at least seven people and wounded 36. Attacks […]
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Hindenburg Alarm: Another Rotation Or Worse?
Hindenburg Alarm: Another Rotation Or Worse?
Via RealInvestmentAdvice.com,
In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary:
Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks.
Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows.
At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market.
Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...
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