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Happy Monday everyone.

Ivanhoff and I did our tour around the markets and globe looking for momentum old and new. There are a lot of interesting setups and a lot of trends that are long in the tooth and due for a rest. You can watch or listen right here.

The reason I mentioned froth in today’s title is Orange Julius, our ‘Tweeter In Chief’ is absolutely giddy about the stock market. While not as good an indicator as when he hates the stock market, it might be a clue that a stock market rest/decline is around the corner. Either way, cool stat and chart:

One of the most interesting financial stories of the week was the partnership between Alibaba’s Ant Financial and Vanguard. Alibaba is back at all-time highs and now close to a $600 billion market cap.

Have a great week everyone.