Something to keep an eye on-Dow Theory

Lately the DJ-20 has been performing in sync with the Dow-30, right now that correlation is starting to break up.

DJ-20

DJ-30

Further divergences between the indices would spell trouble. Have you ever noticed when good news becomes bad and vice-versa?

Today's NFP print, although seemingly way out of whack through adjustments, certainly lowers the perception of the probabilities of QE3 as well as the 2014 ZIRP policy.