2nd Hindenburg Omen In 3 Days Stumbles Stocks; Bonds And Bullion Bid

Between new lows, new highs, advancers, decliners, lagging volumes, and stalling momentum, technicals have signaled another Hindenburg Omen (following Friday's) as the cluster builds once again. While it may not have lived up to its ominous name in the last year of liquidity, it highlights market anxiety and internals are growing more concerned… still believe the taper is priced in? Strength in Treasuries and gold (and silver) suggest safe-havens are being sought after. VIX is on the rise once again (and its most inverted in over 2 months); and even JPY carry traders (which dragged stock lower tick fgor tick with EURJPY once again) reduced exposure.

 

2nd Hindenburg in 3 days…

 

as carry traders sent stocks lower…. fun-durr-mentals…

 

Gold and silver surged…

 

As did bonds amid a seeming safety bid…

 

And VIX is its most inverted in 2 months…

 

and some context over the last 3 days…

 

Charts: Bloomberg


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/J5MR5mLpaMg/story01.htm Tyler Durden

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