Complacency came before the fall. All of 2019 market participants ignored the non existent earnings growth. Too strong was the now pavlovian reflex to chase easy central bank money. Too trusting in […]
Sven Henrich is founder and the lead market strategist for NorthmanTrader. He has been a frequent contributor to CNBC, CNN Business and MarketWatch and is well known for his diligent technical, directional and macro analysis of global equity markets.
He publishes the Daily Market Brief keeping investors and traders abreast of the latest market critical developments and outlook.
First rule of trading: Stay humble and don’t let a big call or trade get to your head. Second rule of trading: Don’t forget rule number one, otherwise the market will remind […]
I’ll have a lot more to say on market technicals and macro in the days ahead but I wanted to share a few charts documenting the absolute carnage that markets are in […]
Several key discussion items: Is this correction the beginning of something larger to come? What’s the downside risk? What’s the long trade set-up now that markets have flushed hard? Is there one? […]
All things being equal…this rally has been terrible. Yea, the headline numbers have been great due to the disproportional market cap weight of a few key stocks such as $AAPL, $AMZN, $MSFT, […]
How much pain are they willing or can they afford to take? The answer: Virtually none. The economy is not the stock market, but the stock market is the economy. Or rather […]
It’s not different this time. It’s worse. For weeks the bull machine was relentless, ignoring everything on the heels of massive central bank intervention. The warning signs kept mounting in charts getting […]