{"id":44970,"date":"2019-04-02T08:34:04","date_gmt":"2019-04-02T13:34:04","guid":{"rendered":"https:\/\/olduvai.ca\/?p=44970"},"modified":"2019-04-02T08:34:05","modified_gmt":"2019-04-02T13:34:05","slug":"sven-henrich-its-make-or-break-time-for-the-markets","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=44970","title":{"rendered":"Sven Henrich: It&#8217;s Make Or Break Time For The Markets"},"content":{"rendered":"\n<figure><iframe loading=\"lazy\" width=\"292\" height=\"200\" src=\"https:\/\/www.youtube.com\/embed\/M-p7_E8ZR7c?version=3&amp;autohide=1&amp;fs=1&amp;modestbranding=1&amp;rel=0&amp;wmode=transparent&amp;showinfo=0\" allowfullscreen=\"\"><\/iframe><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.peakprosperity.com\/podcast\/114924\/sven-henrich-its-make-break-time-markets\">Sven Henrich: It&#8217;s Make Or Break Time For The Markets<\/a><\/h3>\n\n\n\n<p><strong>Stocks are poised to break big, one way or the other.<\/strong><\/p>\n\n\n\n<p>It&#8217;s make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for&nbsp;<a href=\"https:\/\/northmantrader.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Northman Trader<\/a>.<\/p>\n\n\n\n<p>His&nbsp;<a href=\"https:\/\/twitter.com\/NorthmanTrader\" target=\"_blank\" rel=\"noreferrer noopener\">weekly flurry<\/a>&nbsp;of trendline charts warn that the major indexes have been compressing in rising wedges that increasingly point to a binary outcome: either a massive new leg up that will result in the market making new all time highs, or a bad breakdown that could waterfall into a 2008-style correction.<\/p>\n\n\n\n<p>One high-level chart he tracks closely indicates that if the S&amp;P 500 does not soon rise above the blue trendline that began in 2009, a sharp roll-over is highly likely:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/cm-us-standard\/images\/Screen-Shot-2019-04-01.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>His reams of data increasingly suggest that today&#8217;s global elevated asset prices are in no way justified by the fundamentals of the underlying world economies. And that someday &#8212; perhaps quite soon &#8212; a reckoning long overdue will occur:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Passive investing obviously is becoming a larger portion of the investing mix to the point where we have more ETFs investing than we actually have stock traders. And so there\u2019s this element of\u00a0<strong>automatic allocations<\/strong>. A lot of these are driven by market cap weightings, for example. \u00a0<\/p><p>So to the extent that you have a lot of influence coming in from passive funds or ETFs, they will buy a certain set of stocks more actively than others, because it\u2019s just the way it\u2019s allocated. We saw that last summer &#8212; and this is one of the things want to pay attention to, when you see divergences and deviations.<\/p><p><\/p><\/blockquote>\n\n\n\n<p>&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sven Henrich: It&#8217;s Make Or Break Time For The Markets Stocks are poised to break big, one way or the other. It&#8217;s make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for&nbsp;Northman Trader. His&nbsp;weekly flurry&nbsp;of trendline charts warn that the major indexes have been compressing in rising wedges [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-44970","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44970"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44970\/revisions"}],"predecessor-version":[{"id":44971,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44970\/revisions\/44971"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}