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...

Since the 2008 low, the semiconductor sector outperformed the S&P by a sizeable margin. Despite a 5-year winning streak, semiconductors trade a 190% gain away from the 2000 high and might be the most accurate reflection of the U.S. economy. ... >> READ MORE...

Buying climaxes are at the highest level since April 2010. The April 2010 highs were closely followed by the May 'Flash Crash.' Are the current conditions similar to 2010 and should we be concerned about a 'Flash Crash-like' event?... >> READ MORE...