Hello all, and welcome to the weekend. What a week, huh? On Monday it looked like all hope was last, as day-two of the Brexit selloff looked like it could easily turn into day three of the selloff, and then day four of the selloff, and so on. By Tuesday afternoon though, the bulls had other plans. Friday's close for the S&P 500 was 5.1% better than Monday's close. And yet, we can't ignore the fact that Friday was a distinctly tepid day, with the bulk of the intraday gains achieved during that session being given up before the closing bell rang. Just some pre-weekend cleanup before a long holiday weekend? Maybe. Or, maybe it was exactly what it seemed like it was - hesitation. Even before the Brexit issue became an issue, the market had valuation problems. It's not as if stocks magically don't have that problem now. Here's the curious part about the whole thing... while some stocks seem to be unable to draw a crowd now, others appear to be drawing more of a crowd than they were just a few days ago. We suspect this is all part of a rotation out of mainstream names and into off-the-radar stocks. In fact, we're even seeing clear evidence of this happening with a couple of our Featured Stocks. Remember Double Crown Resources (DDCC)? We took a look at it on Tuesday after the company made its business plan clear. It doesn't want to make its specialty intermodal containers/dispensers. It want to license the intellectual property. Smart move. Less headache. Higher margins. In any case, DDCC shares were lost in the post-Brexit volatility after dropping some pretty big bullish hints a couple of weeks ago, but we saw an important clue today that says the would-be buyers are still out there. Namely, the 100-day moving average line (gray) was conformed as support, and that support hurdled Double Crown Resources back up to a ceiling at $0.14, where the 50-day moving average line (purple) also lies. No, DDCC didn't clear the big line at $0.14, but that's ok - it didn't have to clear it today. We were just looking for signs that the bulls were still ready to put up a fight. They just said they would. The same M.O. as before... once $0.014 is surpassed, off she goes. The other of our Featured Stocks that seems to be heating up now -- even as most other names are cooling off --is Intelligent Content Enterprises (ICEIF). Our last look at ICEIF was in Thursday's newsletter, when we pointed out how the company was getting into the television-production business, making a program that would work online just as well as it would work over the air. The bears tried to take it down today, but the bulls came roaring back with a vengeance. Take a look. Not only did Intelligent Content Enterprises hurdle the resistance at $1.75 we talked about earlier in the week, but we also logged a bullish outside day today. That just means today's action was a major swing back to a bullish mode. It's usually the kind of action you'd expect to see in front of a rally, marking the swing from a net-selling environment to a net-buying one. Were it just these two names with dropping unusually bullish hints, it might not be worth bringing up. We saw same of this out-of-character bullishness from a lot of the smaller, obscure small caps though, suggesting a migration from mainstream names to other names in the wake of uncertainty. As for the market, once again I find it's John Monroe of the Elite Opportunity Pro newsletter who's got the best vision, meaning he's got a good grip on the clues that the major stock indices aren't dropping. John wrote today: "If things are so darn good, then why are rates falling, while gold and bonds continue to hold up extremely well over the last several days? That's a very good question. One I don't have an answer to. All I know is gold is fast approaching a long-term resistance level, while interest rates continue to suggest more and more economic troubles ahead. Just look at this weekly chart of the 30-year treasury yield below. What does that tell you? That's definitely not a vote of confidence. So, we've decided the markets are strictly becoming a technical play with very fundamental implications at this point. Meaning, let's forget trying to make any sense at all about the economies, both domestic and global, and let's focus on the charts from here on out, until a point in time something fundamental starts to make more sense. This should not come as a surprise, because if you've been around the markets for long enough, you know this happens from time-to-time, whereby stocks don't make any sense at all until something fundamentally surfaces down the road. With that, I've included a weekly chart of the NASDAQ Composite below. As you can see, I've included a key trend line, which may end up serving as a potentially tough resistance level, especially if the S&P 500 has made a new all-time high once this is achieved. The takeaway here is simple. You can stay long or get long on any pullbacks until a point in time the NASDAQ Composite achieves roughly [removed by editor]. It will be at that point we'll want to take a much closer look at the technical landscape as it relates to the overall comparison of all of the major indices, including the Russell 2000." He's got a great point. If stocks are so stinkin' buy-worthy, why are traders buying everything else as well? Between bonds, gold, and stocks, at least one of the three should be going up or down at any given time. All three have been going up of late. Something's got to give. The question is, which one is going to give? One thing I'm sure of is, John will have the answer, and he'll be able to turn it into a trade. Like I've said before, there's a reason pros as well as individual traders love the EO Pro. Try it for yourself. You'll love it too. By the way, markets are closed on Monday in observance of Independence Day, so we won't be publishing anything. We'll be back at it on Tuesday though. Everyone enjoy your weekend, but stay safe too.