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We've got an abnormally early newsletter this morning, but for very good reason. One of our longer-term featured stocks in SPYR Inc. (OTCQB: SPYR) provided shareholders with an update this morning on the Company's previously announced special dividend announcement a few months back.

We wanted to be the first out there to share the news this morning, because it's our thinking the stock could be in the process of what could end up being a very real opportunity for traders and investors looking to pick up some potentially great gains over the next several days and beyond.

Just minutes ago, the Company announced details regarding its previously announced stock dividend, through which it will provide its "shareholders of record" with a one-for-one share dividend in a new wholly-owned subsidiary, Branded Foods Concepts, Inc. ("Branded Foods").

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We've got weakness everywhere today. The major averages have into some selling pressure to close out the month, but if recent history is any indication of future performance, there's probably plenty of funds out there licking their chops for better buying opportunities.

One stock though that isn't showing signs of weakness over the last few days is Patriot One Technologies (OTCQB: PTOTF) (TSE: PAT.V). And if John Monroe from Elite Opportunity Pro (EOP) is right with his single most favorite reversal signal on planet earth, PTOTF will have every opportunity to move higher now.

Don't get me wrong, him and the EOP crew don't dabble in penny stocks very often. However, his reversal signal - I've learned - is very effective more often than not. In short, it's called a double re-penetration of the 3X3 DMA.

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We're back for more folks, and if what we're starting to see to close the month of May is any indication of what lies ahead, we could be in for more upside. The markets opened a little lower, but like we've seen so many times in previous weeks, they're doing everything they can to move higher.

Oil's not helping the markets, however, some of you might remember the guys over at Elite Opportunity Pro (EOP) called that one almost perfectly, so if you decided to open an oil short via one of the bearish leveraged oil ETF's like SCO, you're doing just fine right now.

After a slight rebound on Friday, the price of oil has run into a little trouble to start the week off, but the analyst team at EOP do believe $37 per barrel is possible before the commodity could bottom for good. That's a long way from here, so we'll see if they're right.

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Happy Friday everybody. We hope you've had a nice week so far. It's been a tremendous week for the markets, and it sure looks like they're not going to back off anytime soon. However, just how much farther they can go before Wall Street gives it a nice big haircut is really starting to become a serious concern for many professional value investors out there.

Not really the type of landscape out there from a valuation perspective to suggest bargains right now - except for the entire commodity space and a few other select sectors, which is why we continue to expose small mining stocks for potential future price appreciation.

Although pretty much the entire metal and mining sectors still haven't really proved their in the process of a long-term bottom yet, it's never a bad idea to take the contrarian road, especially those with time and patience.

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The markets continue to defy gravity, even after last week's big one day debacle. Pretty normal I suppose all things considered. There's absolutely no way bears can have any confidence at all now with a couple of the big indexes having made new all-time highs today.

The S&P 500 is getting significant assistance today from stocks like Netflix (NFLX) and Best Buy (BBY), so it's pretty good to see consumers doing some shopping in the latter, because other than Amazon (AMZN) and only a few others, the whole retail sector has been beaten down like nothing I've seen in a while.

Let's hope the S&P 500 can build on today's new highs so short sellers will be forced to throw in the towel one more time. It's crazy to think nobody wanted to own a stock eight years ago, but that just goes to show if you're willing to wait it out, there will always be buying opportunities that can change our lives.