With quotes like "as opposed to the other commentators on CNBC, i think the banks are a great short here," this is a must watch video from TrimTabs' Charles Biderman.

Slide 4 - June's abnormally low volume
Slide 7 - Bull/Bear ratio is 2:1
Slide 9 - Most overbought market since 2003
Slide 10 - Overbought... and rolling over
Slide 22 - A Zero Hedge favorite topic - the bond drop as a prelude to the 1987 crash
Slide 23 - Curve inversion is the kiss of death
Slide 25 - Correlation are finally declining: time to hire that fundamental analyst

As the 10 Year has resumed its daily pounding (and it seemed like just yesterday that bond concerns had disappeared... oh wait it was - time to deflate equities guys), the scheduled bond releases for next week should make the bond vigilantes giddy at the prospect of further uncovering China's growing lack of interest in Treasuries.

Good, succinct obit of the Green Shoots period compliments of Rosie's headline points from his morning piece.

• Consumer prices fell 1.3% from a year earlier, the largest drop since 1950.
• AutoZone Board authorized repurchase of an addln $500M of co's common stock.
• BB&T Corp announces it pays Treasury more than $3.1B to exit TARP.
• Eddie Bauer Hldgs files for Chapter 11, to be acquired by CCMP for $202M.
• E*Trade to $400M in stock as it looks to exchange more than $1B of existing notes and raise excess capital.
• Fedex CEO: "the worst of the recession is behind us".
• FedEx's loss widened to $876M on $1.2B of write-downs. Revs down 20% to $7.85B.

Tomorrow's headlines tonight.