10 Wall Street Premonitions and Superstitions

crystalball 0 10 Wall Street Premonitions and SuperstitionsDid you know that the market has triggered an unconfirmed Hindenburg Omen? Or that, although it’s early to know for sure, so far the September Effect has failed to take hold? Stock-market soothsayers have lately been pointing to all sorts of wild indicators, many of which seem based on the odd premise that past performance indicates future results. Some of them are based on even worse reasoning than that.

But Wall Street is a weird place, and the asset markets are such that if enough people subscribe to a wacky theory, their actions can move the market and create self-fulfilling prophecies. With that in mind, here are 10 WALL STREET PREMONITIONS AND SUPERSTITIONS.