1. Meme stocks are selling off today after a huge run yesterday. $AMC, $GME, $KOSS $WKHS. Workhorse is working things out. They’ve made a mockery of the stock market. These things take off out of the blue due to a big short position. It’s blowing shorts out of the market. When the market does fall, there will be no one there to support it. All the central banks are responsible for this mess and the coming blow up. All bubbles will pop. Otherwise we’d have the tulip as our reserve currency. It’s all about liquidity.

2. There was lots of job data out today. First, the May ADP Employment Change was 978K vs. 675K. This is a hot number and raises the expectations for tomorrow's BLS non-farm payroll report.  Remember last month the expectations were high as well and it was a complete disappointment and a huge miss with just 266k reported. The expectations were for 1 million new non-farm payrolls. 

3. Miami crypto conference tomorrow. Another sign that a peak has been made. Break the 200.

4. Gold/Silver getting slammed today. The move is not over. It’s consolidating. It’s already bounced off the lows.