The Hindenburg Omen Confirmed For Third Time

Just to note…the Hindenburg Omen has been confirmed for third time. It reoccurs quite often in the last couple of weeks which is quite unusual, but I suspect this is a product of (strangely) high market correlation.

Chart 1. CBOE S&P 500 Implied Correlation Index

Source: Bloomberg

This entry was posted on Wednesday, August 25th, 2010 at 2:36 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player