Let’s get this out of the way, right away; US markets are now trading at 98% overbought (based on VRA Momentum Indicators). This is most typically when bad things happen to stock markets…but folks, this market has proven the shorts wrong time and again…and we know why:

Good Friday morning all. What a week! Brexit scared the sh*t out of the markets, but our friendly neighborhood central bankers were standing by to manipulate stocks AND bonds higher. Wow...just...wow.