Good Monday afternoon, one and all. We'll you probably don't need me to tell you this is NOT the Monday morning edition we said was on the way in Friday's edition. Today's newsletter is being delivered after the market closed, as usual. There's a very good reason for that - a few last minute details were being ironed out for our about-to-be-introduced company. Barring any unforeseen changes between now and tomorrow morning, that newsletter will indeed be sent Tuesday morning right around the time the opening bell rings. I can't tell you exactly what's going on, but I can tell you it will be worth the wait. That's all I can say about it though. You'll see why tomorrow. In the meantime, Monday's intraday market action was pretty well scripted. We mentioned last week how stocks were starting to feel the weight of their own gains, and today's dip verified it. Right on cue, the S&P 500 found support right where it should have found support... right at the now-converged 20-day and 200-day moving average line at 2062. After touching that floor, the bulls started to trickle back in. Maybe it was just a garden-variety pullback needed to clear the decks for another round of bullishness. If it is though, the VIX sure has a funny way of saying so. The VIX managed to move above its 20-day moving average line on Monday, and didn't look back. There are still several potential technical ceilings ahead for the VIX it could use to stage a reversal. Ditto for the S&P 500 (and it's not even really in a downtrend yet). But, today's the kind of day that really forces you to pause and take a closer look at things. A real test for the market could be right around the corner. Anyway, since we've been talking about it for the better part of the past week, we figured we better show you an updated chart of bonds and bond yields. More of the same, which is bad for bonds. But... I honestly wouldn't have had it on my mind had I not read today's edition of the Elite Opportunity, but John Monroe's observation in the EO today was spot-on... the fact that bonds as well as stocks fell sharply today doesn't quite jibe. Gold was up today, a bit, so at least one of the key three categories was up... as at least one of them should have be. But, with stocks and bonds getting trounced when gold struggled to make a mere 0.4% gain, something's not quite right. That's the long way of saying something's about to give soon, one way or another. I'd like to be able to tell you more about the brewing interplay between bonds and stocks that John analyzed for Elite Opportunity members today, but that would probably be giving away too much. I will drop this hint, however... now's the time to be thinking about the true long-term trend and the true short-term trend for both, and not getting the two mixed up. This applies to bonds as well as stocks. If you need a little (or a lot) more guidance than that, go ahead and sign up for the Elite Opportunity newsletter as well. It's definitely worth it. On other fronts, I found a handful of news items more than a bit humorous today. In no certain order.. Ackman says Valeant stock 'extraordinary bargain': You mean a guy who owns 19.4 million shares (about $3 billion worth) of Valeant Pharmaceuticals (VRX) is trying to convince anyone and everyone that VRX should be bought after its 60% pullback since August? Shocking.... NOT. Hey Bill, a stock is worth what the market is paying for it right now. You played with fire, and you got burned. Get over it. Starbucks' plain red holiday cups stir up controversy: Really? I mean, really? Now we're going to argue about the way a coffee cup is decorated? Russia faces ban from athletics for widespread doping offences: And why is this being treated as a surprise? (I mean, didn't everyone see Rocky 4?) Therapy for the 1%: Why it's not easy being rich: I've said it before but I'll say it again... if all that money is causing too much stress for you, I suggest giving it all away. No takers? Yeah, not surprised. Alright, that's it for today. I have to get back to putting the finishing touches on tomorrow morning's edition of the newsletter. You'll want to keep an eye out for it.