Weekly Ciovacco Video plus some weekend reading:

First I find it very comforting that Yellen, like her two predecessors, sees no evidence of any Bubbles.

http://www.businessinsider.com/r-feds-yellen-says-us-still-on-track-for-more-rate-hikes-2016-4

Short Interest at record highs

https://confoundedinterest23.wordpress.com/2016/04/06/the-last-time-nyse-exchange-short-interest-was-this-high-was-2008-will-the-fed-cavalry-ride-to-the-rescue/

http://davidstockmanscontracorner.com/yelling-stay-in-a-burning-theater-yellen-ignites-another-robo-trader-spasm/

http://www.businessinsider.com/edwards-tidal-wave-us-recession-is-coming-2016-4