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Showing posts with the label Hindenburg

How to prepare for Hindenburg Omen

For the past two weeks my message inbox has been flooded with messages highlighting that recently “Hindenburg Omen Signal”, which preceded the 2008 and 2020 stock market crashes, has been triggered and a stock market collapse may be imminent. There are several other technical and strategy reports cautioning investors against an apparent bubble in the Artificial Intelligence (AI) related stocks. Hindenburg Omen Signal:  The Hindenburg omen is a technical indicator designed to signal the  increased likelihood  of a stock market crash. It compares the percentage of new 52-week highs and new 52-week lows in stock prices to a preset reference percentage (typically 2.2%) to predict the increasing likelihood of a market crash. The indicator is said to be suitable for about 30 days out, though it's been a false alarm more often than not in the past decade. Four criteria must be met to signal a Hindenburg omen: ·           The daily num...

Victory in defeat - When justice becomes a casualty of narrative

In my middle school Hindi book, there was a thought-provoking story titled Haar Ki Jeet (Victory in Defeat) written by Sudarshan. The story was about a compassionate priest, Baba Bharti , living in a village temple. Baba’s only worldly possession was his horse, named Sultan . A notorious dacoit, Khadag Singh , took fancy for Sultan and vowed to take it from Baba . He offered to buy Sultan from Baba . But Baba refused to part with Sultan , whom he had raised like his son. Overcome by desire, Khadag Singh deceitfully stole Sultan from Baba . Kind Baba , did not resist the treachery of Khadag Singh , letting him take Sultan. He, however, requested him not to reveal this incident to anyone. Khadag Singh was baffled by this unusual request of Baba. He asked Baba , “why would you request so?” Baba politely said, “if people come to know about this incident, they may hesitate in helping people in distress”. Moved by Baba’s words and overwhelmed by guilt, Khadag Singh quietly left ...