We have liftoff... wait... Ah, Houston, we've had a problem.

Beside the 100+ bearish divergences and lack of rationality... the only thing left fueling this market it seems is dumb FOMO money (both retail and follow-the-heard money manglers) as well as share buybacks (dumb corporate debt). At some point it's all going to retest December lows... if not now, then after any sort of melt-up but this seems a great candidate to build protective puts and shorts.

This is not investment advice. DYOR.