Economic data has been missing expectations and this is one of the longest stock market rallies. What does is mean for stocks?

1. The Citigroup economic surprise index has fallen below -30. This does not mean that a correction will start right now. But it's not a bullish sign either.

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2. We are currently in the 91 percentile of all stock market rallies. See the data. A correction is very likely right now

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1. Vix spiked more than 40% on Thursday. It's not necessarily a bearish sign

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Submitted May 21, 2017 at 03:10PM by markethistory http://ift.tt/2rH89eU