The Last Time We Witnessed This Many 'Hindenburg Omens' Was Before The Bear Market Began In 2007

The S&P 500 closed at an all-time high of 1,709 two Fridays ago, but has since struggled to break through 1,700 again. The chopping trading activity has repeatedly generated a pattern that stock market chartists call the Hindenburg Omen. And as you can tell, it's an ominous omen that portends market crashes. Art Cashin, UBS Financial Services' director of floor operations, writes about the recent omens in hist note this morning (emphasis added): Can an Omen Turn Ominous? Look! Up In The Sky - Is...