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It sure has been pretty quiet across the markets this week, eh? The media hasn't really had anything to cheer or fret about, however, with options expiration next week, we suspect things are going to start to heat up once again. As things unfold, we'll be right there giving you our two cents (or maybe even three), because this market can't just sit around and do nothing. It's got to keep ebbing and flowing. With summer starting to wind down, the elections becoming the focal point and economic speculation running rampant, it's going to be a very interesting and likely profitable Fall season... as long as you stay on top of things with us.

As a matter of fact, we're starting to approach the season where small stocks start to heat up again, so have a watchful eye here for smaller stocks, and even penny stocks, that are going to start garnering a lot of attention. If you can get into the right ones early enough before volumes start to go nuts, the returns can be fast and furious. Just remember, never got married to an idea unless it's warranted from a fundamental perspective. However, dating can be fun, especially if you're on the right side of the trade early enough.

Just Because You Didn't Like it Then, Doesn't Mean You Shouldn't Like it Now.

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So far this morning, the markets are pretty much a non-event. Not even the media has been able to come up with anything to scare or excite investors about. Our recent opinions of the major indexes hasn't changed. Until we test the April highs, we think pullbacks are playable to the long side and now is a great time to start hunting for value with individual ideas. We have been and continue to be on the hunt for you as well.

On the flip side of value, I'm kicking myself this morning since I thought long and heard yesterday about picking up some put options in Priceline (PCLN) going into their earnings report after the close. Just couldn't bring myself to pay over $20 per contract for some in the money puts, especially since the options volume in PCLN was so light to boot. That proved to be a little overly analytical since the stock was down over $100 per share on the open this morning. The Company missed estimates and revised guidance lower.

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Good Monday to you. The markets are off to a great start this week bucking all of the recent economic data, mixed earnings results, concerns over Europe and a decision from the Fed to stand pat for now. Although on a short-term basis we've been among those who were pretty convinced we'd see a sharp move lower before this market would find solid footing and start moving higher, it appears our analysis of the longer-term charts of late is proving the underlying strength is for real.

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What a week. The markets are again gunning for at least another short-term high, or have already created another short-term high depending on which index you're looking at. That's been the theme. Higher lows and higher highs, which was again confirmed by today's sharp move higher after the major indexes tanked throughout the week, blaming the weakness on a lack of Fed and ECB action. However, we don't think it had anything to do with the Fed or the ECB at all. If you've been following along, then you know it simply has just been the pattern for weeks now.