Today's edition is two-fold folks with more great news from a few of our featured stocks. First though, there's been a lot of chatter about a potential near-term market top that could spell a bad month or so for the entire equity market. Rather than speculate on it though, we thought we'd ask John Monroe from our very own Elite Opportunity here to provide his thoughts on what to look for in the days ahead. Keep in mind, this also ties strongly to a piece of news we got from one of our featured stocks, along with the sector the stock trades in too. We'll also point out the stock is already working its way higher on the heels of yesterday's news, so without further ado, here's what John had to say this morning: "I'm sure everyone saw that huge reversal yesterday, something we clearly pointed to the possibility of in yesterday morning's edition. It was almost as if the powers that be read our edition and decided to do exactly what we pointed to last August and early September! I chide, but so far the move was almost a perfect mirror of what took place during that first week of September last year - only difference is it's the first week of April this year. Although the move did suggest these markets continue to struggle for near-term direction, we'll need another horrendous day today similar to yesterday, because it's still entirely possible the markets could rally today. There's no question the volatility has continued to pick up in recent days, but believe it or not we can't simply assume the markets are going to rollover just yet. However, today and tomorrow will be pivotal. The markets blamed the Fed minutes yesterday for the sharp reversal, but you've got to be kidding me. Really? The Fed is so transparent and predictable, it's almost as if the markets are now continuing to look for every reason to selloff right now, even with the plunge protection team continuing to do their thing at that very last drastic minute. I've provided an hourly bar chart of the NASDAQ Composite below showing you yesterday's late day move. As you can see, it was also almost a mirror move of that March 21st move. However, if these markets somehow again manage to save themselves, and if they do end up moving higher, there's a very good chance the markets' next move could be a huge move, one that would rotate an awful lot of short sellers yet again. We'll just have to see. However, should these markets somehow manage to follow through to the downside like we saw yesterday, the worse the move is the more it will suggest much lower levels ahead. Remember what I said the other day when I mentioned it took eight days for the markets to mend the last big one day selloff? They're likely not going to deal with it well if the markets have one more day like that March 21st move. I should also point out retail is leading so far this morning. Yikes. The markets truly are hunting for something right now. However, we can't simply run out and fade against these markets just because of a few hours of weakness yesterday. I will, however, point your attention to gold again. For those of you who still aren't long the leveraged gold ETF UGLD, gold made a big move yesterday as the markets reversed lower. This tells us if the major indices do somehow end up moving substantially lower, there should be higher levels ahead for gold. I've included a daily chart of GLD below, and as you can see, the primary ETF tracking the price of gold reversed itself sharply yesterday. I should also remind everyone something I pointed to a week or so ago - when I mentioned how many moving averages GLD is toying with right now. It's a very big potential pivot point of sorts. I mean look at this... a recent 3X3 DMA cross over the 25X5 DMA, and a tightening wedge between 50 and 200 day simply moving average. The bottom line is something significant is brewing, but we're not going to be the ones to try and front run the markets next big move. I will tell you this though - a break above yesterday's high and it's a whole new leg up, a close below 5,766 tomorrow and we're probably in for a rough April, one with a downside bias." As you can see, John has a very good grip on what the markets are doing each and every day, and this is the type of commentary his members get when he's not suggesting a stock to buy or short. As a matter of fact, if you're looking for a service to help you self-direct that other 80% of your portfolio that should always be allocated to larger more conservative growth names, you really ought to give the service a try. There's a big ad at the bottom here with a free two-week trail. Just click it. Back to our featured stocks. Just yesterday, Nexus Gold Corp (NXXGF) (NXS.V) announced the completion of its phase one diamond drill program at the 178-square kilometer Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso. A 2000m phase two program is now underway to test down the dip and strike extensions of gold mineralization identified by the company in its phase one program. The program will also test additional targets identified through surface mapping and prospecting. Results will be released once received, reviewed and verified. To view the release in its entirety, you can go here: http://web.tmxmoney.com/article.php?newsid=5944708967132461&qm_symbol=NXS. That's the gist of it though. The bigger event is the stock is behaving extremely well today on the heels of yesterday's news as speculators are banking on the Company having success with its current drilling initiatives. If that ends up being the case, lookout. The stock would be sure to go nuts. Junior gold miners have been in favor pretty much all year, up until they recently took a breather. When we consider what John said above with respect to gold making a big move soon though, it might be worth jumping into shares of NXXGF on the perfect pullback the stock has staged over the last few months, because if NXXGF is ready to make a big move soon, now would be the time to get in. Patriot One Technologies Inc. (PTOTF) Gets a Big Feather In the Cap Just this morning, Patriot One Technologies Inc., (PTOTF) (PAT.V), developer of a revolutionary concealed weapons detection system, was recognized on Wednesday, April 5th by the Security Industry Association (SIA) as winners of the Anti-Terrorism / Force Protection category in the New Product Showcase (NPS) component of the ISC West industry trade show and conference in Las Vegas, NV. SIA NPS judges are highly skilled and experienced in security technology design and application. It is a requirement for their position. Each judge possesses a minimum of 10 years' experience in the selection, purchase and/or installation of products within the category that they are judging. The New Product Showcase is the premier platform for security professionals to evaluate new products and technologies for use in security applications. "We are very pleased to achieve this exciting award today. Positive peer review in our industry is essential for growth, and this award in particular highlights and validates our efforts to-date," said Martin Cronin, CEO & Director of Patriot One Technologies. "We are generating significant interest at this very important event and are already receiving congratulations and interest from around the world." To read the release in its entirety, just go here: http://finance.yahoo.com/news/patriot-one-wins-best-category-124500565.html. That is far more than exciting news for PTOTF shareholders, especially since we're talking about an $.85 cent stock that - if the Company can grow like we think it can - would probably put PTOTF at much higher levels a year from now. Furthermore, if the PTOTF chart above has anything to do with it, the stock may very well be in the early stages of a major bottom. See the volume associated with the V bottom circled here? Any sort of substantial fundamental developments coming from the Company could send the stock to much higher levels if it can get the momentum that looks to be building right now. If you like to speculate on small stocks and understand how great the reward can be and are willing to accept the risk associated with them, you need look no further than what we do here at SCN. However, if you're looking to build a strong portfolio that's diversified enough, but will still offer you the type of growth opportunity you're looking for, then we strongly suggest you employ the services of our very Elite Opportunity Pro.