When it comes to stocks in a QE market, good news is good news and bad news is good news. If the economy is getting better, great. If it’s getting worse, no sweat, we’ll get more QE. Here’s one ‘monster’ reason for getting more money from the Fed.... >> READ MORE...

The Australian dollar’s ‘down under’ freefall is worth a look for contrarian investors. The ‘dumb money’ is record short and the ‘smart money’ is record long the Aussie dollar, which has already completed the first steps necessary for a technical breakout.... >> READ MORE...

There are lagging economic indicators and there are economic correlations. Copper is said to have a PhD in economics, but obviously QE is more powerful than a PhD. Nevertheless, iron prices and the Steel ETF confirm copper’s bearish message.... >> READ MORE...

The Volatility Index (VIX) has not lived up to its contrarian indicator reputation, but there is another CBOE options index that’s provided some noteworthy signals. Say hello to the options indicator of the future – the SKEW.... >> READ MORE...

The Nasdaq-100 almost had its first 5%+ correction in over six months. Although the decline has been on the shallow side, it has already fulfilled the initial down side target issued by the Profit Radar Report. ... >> READ MORE...

On the surface the decline from the May 22 high has been tame and orderly. However, the NYSE advance/decline ratio suggests otherwise. The ratio has dropped to a level usually seen at or near market bottoms. Here’s how we treat this somewhat odd reading:... >> READ MORE...

The Federal Reserve has 'manufactured' a relentless bull market for stocks while kicking the economy's 'bread and butter' sector - manufacturing - into recession territory. Manufacturing activity is at a 42-month low, stocks at an all-time high. What gives?... >> READ MORE...

Despite last week's red numbers, stock investors are still quite complacent. The opposite is true for bond investors. The 'bond VIX' shows extreme fear and extreme fear is generally seen close to a bottom. Here are the implications for stocks:... >> READ MORE...

Believe it or not, the Federal Reserve is creating some 'serious' problems for big banks. JPMorgan's CEO Jamie Dimon and BlackRock's CEO Larry Fink explain the catch 22 situation, and former Federal Reserve Chairman Volcker offers some poignant words of wisdom for Bernanke.... >> READ MORE...

Gold mining stocks and the gold mining sector as a whole have been in free fall mode since September 2012. The Market Vectors Gold Miners ETF (GDX) is still trading 55% below its peak, but it is showing signs of life. Is this a bullish break out?... >> READ MORE...