Everything is being bought in this market even TLRY.

Divergence on CCI and RSI(14) at 75.5 on AAPL.

Breath -1.38:1  NYSE       +1.31:1 NASD

RAFA on a roll again today.  Up 22.5%.

VXN closed below its BB 2 out past 3 days.

Yield Curve Chart - This just keeps on dropping.  Have not heard this in the news lately.

BPSPX Daily Chart    SPXA50R Daily Chart

RAFA up 34% today on higher volume.

VIX 5 min Chart

I have no idea.  Just that the VIX is at the bottom of the BB and close to a support area.  The indexes are very stretched coming into resistance areas.  I would expect a pullback in the markets next week. Also getting no demand and profit taking signals on various time frames on my trade station charts along with something called knoxville diverences.

SPX is at a double top at the 30 min chart right now.

Getting close to the March/April lows.

SONM - Broke out today after earnings.  200 dma just above.

Weighted Sectors

VIX is still green.

Yep. Bad Gateway

Woof. 

Cathie Wood-led Ark Investment Management on Monday bought 366,982 shares of NVIDIA Corporation (NASDAQ:NVDA) valued at over $51 million, based on Monday’s closing price, via three of its exchange-traded funds.  NVDA down 4% today.

QQQ Daily - Top of channel.

NQ support area.

" Current liquidity conditions dictate conservatism. The Fed is aggressively raising interest rates and reducing its balance sheet. Further, fiscal spending is falling well short of that in the prior two years. As a result, liquidity is exiting the financial markets, which augurs a bearish trend. 

We are not fearmongering, but consider that CAPE fell to seven in the bear market and recession of 1981-1982. That was the last time with comparable inflation as today. Assuming no change in earnings, the S&P 500 would have to drop to 925 to reach a CAPE of 7!“ ~   Michael Lebowitz