Speaking of which:
Nasdaq 100 / Dow Ratio:
This stagnant Idiocracy of human twinkies is "exceptional" only in the sense that it's constantly lowering the bar for itself and then stepping over it to claim "victory". It's a society handing out soccer trophies to eveyone just for fogging a mirror.
Is this really a reason to go ALL IN at the end of the cycle? You have to be fucking kidding me:
Oil keeps ripping post OPEC solely due to short covering...
That's the good news, plus small banks going ever more vertical. Here's another look at the Oil ETF:
Here's the bad news...
Nasdaq 100 with relative strength
Treasuries with Yield (red) and VIX (gray). What could go wrong?