Penny Stocks Search Term Penny stocks make massive waves in the market lately. Another sign of euphoria. Image: Google

One-Year Correlation – Oil vs. U.S. Consumer Price Index (Inflation) When oil jumps in price, it tends to increase the cost of goods. Image: Morgan Stanley Wealth Management

Confirmed Global Coronavirus Cases and Vaccination Doses Administered The number of COVID-19 vaccinations in the world has exceeded the total number of confirmed cases. Image: Financial Times

U.S. Cyclicals vs. Defensives and Brent U.S. cyclicals vs. defensives diverged significantly from the price of Brent in January. Image: Goldman Sachs Global Investment Research

Semiconductors – Integrated Circuits vs. Crude Oil Are semiconductors the new oil? Image: TS Lombard

U.S. Margin Debt and S&P 500 Total Return Is it time to worry about the growth of margin debt? Image: Nordea and Macrobond

S&P 500 Growth Index and Percent of IPOs with Negative EPS Growing signs of speculation and optimism, as more unprofitable companies are going public. Image: Alpine Macro

Number of Call Options Traded Each Week Call option volume is continuing to soar. Does it suggest a future market meltdown? Image: Financial Times

Average Short Interest as a Percentage of Free Float for Top 25 Most Shorted Stocks Short-interest in most-bet against Russell 2000 stocks is declining, but remains high. Is more volatility coming? Image: Bloomberg

Trend Search for “Stock Market Bubble,” Interest Over Time Is a storm coming as searches for “Stock Market Bubble” reached an all-time high in January? Image: Morgan Stanley Wealth Management

January S&P 500 Performance and Annual S&P 500 Performance Since 1872 Could the negative January for the S&P 500 be a warning sign for the rest of 2021? Image: Deutsche Bank