Good Thursday morning. We start the week with 11/12 VRA Investing System Screens remaining bullish (record). As we began discussing last week, front-running in the markets has always been a thing, but now it’s kicking off earlier than we’ve ever seen it. In 7 trading days we’ll enter the month of July; here’s what the smart money is (highly) likely front-running this week:

- July has been highly bullish over the last decade. From the always excellent Ryan Detrick we see that July has been up 9 years in a row (SPX) and higher 90% pf the time over the last decade, with an average gain of 3.1%. We also know that July is the best month of the year for the Qs (Nasdaq 100), with an average gain of 3.5%. The semis/tech lead…and the market follows.

- Beginning of new month/quarter fund flows. Investors are beginning to fall back in love with stocks, but it’s a process. With $6.2 trillion still sitting in money market funds, it’s a process that will take time. The smart money is b...