Toby Connor:  The last bull ended when the leading stock, Google (NASDAQ:GOOG), entered a parabolic “bubble” phase. That was the signal that the bull had reached the euphoria stage. Read more…

NYSE:SPY, NYSE:UUP

Toby Connor: As convincing as this rally has been I am confident this is an ending phase and not the start a new secular bull market. Actually the bear market began last year in May but was temporarily aborted by massive Central Bank printing. Let me explain. Read more…

NYSE:FAS, NYSE:FAZ, NYSE:GLD, NYSE:SDS, NYSE:SLV, NYSE:SPY, NYSE:TNA, NYSE:TZA