1. Producer Prices PPI +6% in May…Breaks Out of 10 Year Sideways Pattern.

1.Hedge Funds Net Long S&P Highest Since 2013

Hedge funds continuing to boost their S&P 500 bets … positioning is most bullish since 2013

Liz Ann Sonders, @LizAnnSonders

1. Cyclically Adjusted CAPE Ratio Approaching 1999 Levels.

Big difference with interest rates 5% 1999 vs. 1.5% 2021

1.Over the last three weeks, high short interest stocks are up 22% versus the market which is up 2%

From Dave Lutz at Jones Trading

1. Bitcoin Approaching $30,000 Support Level