Tom Shiffer

A sign of exhaustion in markets can be when markets are rising despite not all stocks acting well. When we redefine what is known in the technical analysis world as the Hindenburg Omen by looking at days when there are both at least 1.5% of stocks on the Nasdaq exchange making new highs and new lows, and look at those days cumulatively, we can observe this cumulative Hindenburg Omen signal as a very clear early warning sign of major market tops going back almost 50 years. What’s this indicator suggesting right now? Nothing good.   Important Disclosures This blog is…

With the Federal Reserve keeping interest rates at zero and Fed Chairman Powell saying last month that the Fed “is not even thinking about thinking about raising rates”, interest on your cash reserves is very hard to come by. Also, as we’ve talked about in prior Cadence Clips pieces, inflation has been gaining steam, which further erodes the purchasing power of your cash. So, what is one solution if you want to keep a cash reserve but also earn some interest without any downside risk to your principal? CDs used to be an answer, but as of the writing of…