Authorization

a??Extremes are becoming ever more extremea??: A Wall Street strategist who sounded the alarm before last yeara??s 35% crash showcases the evidence that a similar meltdown is looming

a??Extremes are becoming ever more extremea??: A Wall Street strategist who sounded the alarm before last yeara??s 35% crash showcases the evidence that a similar meltdown is looming


Getty Images / Spencer Platt




Market strategist Sven Henrich, who warned of the crash before it occurred in February 2020, says "we are staring at the largest valuations and technical disconnects ever."




He said the difference between current price levels and exponential moving averages shows stocks are again due for a pullback.




Visit Business Insider's homepage for more stories.


On February 20 last year, right at the market's top, Sven Henrich reiterated a warning."From my perch this market is the most dangerous we've seen since 2000," Henrich, the founder of NorthmanTrader, wrote in a post on his site.Over the course of the following month, the market would go on to shed 35% of its value as the global pandemic worsened. Now, almost a year later, Henrich is prophesying again. And he's not mincing words.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Февраль 2021    »
ПнВтСрЧтПтСбВс
1234567
891011121314
15161718192021
22232425262728