Welcome to the weekend, one and all, though what a week it was! Given Friday's surge to record-breaking highs, you have to wonder what would have happened if we had gotten the bullish jobs report earlier in the week. Will the weekend give the bulls a chance to change their minds, or will the weekend just let more bullishness fester? We'll never really know now... ... not that it really matters at this point. I will say this much though - as much as it looks like the market is trying to stage a melt-up, I'm not convinced there's a lot more bullishness in the cards though. I'm also not alone in that opinion. We'll look at the whole thing in more detail in a moment. First, we wanted to let you know we'll be sending out a new Featured Stock Monday morning. Be sure to check your inboxes sometimes shortly after the open. Obviously I can't tell you what the name is. I can tell you, however, it's a medical marijuana play.... sort of. I say sort of simply because throwing the word 'marijuana' on the table could conjure up the wrong image. The botanical basis for this young biopharma's R&D is cannabidiol, which is non-psychotropic. In other words, there's no 'high.' That's not even the biggest upside of this organization's science though. This company has found new ways to use enzymes to make better versions of cannabinoid-based therapies. In time, it's likely to be held in the same light as GW Pharmaceuticals PLC (GWPH) and Insys Therapeutics (INSY), which are arguably the biggest names in that sliver of the biopharma market right now. Most of you probably know quite well how hot medical marijuana has gotten over the past three or so years. Though it's been up and down, when it's up, it's up big-time. I can see this company creating and then riding a big wave like the ones we've seen in the past, as it ushers in the next evolution of cannabis-based pharmaceuticals. Remember, Monday morning, right around the open. In the meantime, a couple of our existing Featured Stocks made some waves of their own today. If you read the website on a daily basis then you may have already seen Intelligent Content Enterprises (ICEIF) is close to airing the first television show created by its recently-acquired Catch Star Studios while under the ICEIF umbrella. As James Brumley said it, while it's a milestone moment for the company, it's also a big deal for shareholders simply because it will be the first real showcase for Intelligent Content Enterprises so-called Clix Video platform that turns a digital video into a smart advertising platform. It's going to make YouTube's handling of in-video advertising look like silly. James has a link to a video explaining how Clix Video works in is commentary today, which also details the inaugural episode of Catch Star Studios' new show Stars & Pinstripes... which will feature none other than country music legend Garth Brooks. Intelligent Content Enterprises will be offering the program online, where it can utilize Clix Video and show it off to other potential users. Once word of the product starts to spread, this could be big. The other big news from our list of Featured Stocks actually came Thursday, though we haven't had a chance to tell you about it yet since the Viva Entertainment Group (OTTV) profile went out yesterday morning and this is the first newsletter since then. But, long story made short, Sack Lunch Productions (SAKL) generated $1.65 million worth of sales last month. I honestly don't know how that compares to the year-ago number because the company wasn't publishing monthly results a year ago. But, Bryan Murphy had a great observation about the announcement, pointing out that in all of last year's Q2, the company only generated $1.5 million in sales. In other words, we know the broad figure is getting bigger. Case in point: A month ago SAKL reported its deferred revenue as of the end of the first quarter was 64% higher than its deferred revenue at that point a year earlier. A huge chunk of that deferred revenue will turn into actual revenue during the third quarter, and the company is still on pace to drive $18 million in revenue for this year. Just to put than in perspective, the current Sack Lunch Productions market cap is only $11.6 million. We still contend SAKL is one of the market's most overlooked and underappreciated opportunities. Finally, against the odds, the market rallied to new highs on Friday in response to a strong jobs report for July. It looks, acts, and feels like a breakout. I remain hesitant though, even knowing you're a little tired of hearing us say it. Take a look. Pushing up and off of the 20-day moving average line, the S&P 500 poked through resistance at 2175 and ended up closing at 2182.87. Volume wasn't too shabby either. Too good to be true? That was my gut reaction, though I'm always cautious to respond to what the market is doing rather than what I think it should be doing. Then I read this from today's edition of the Elite Opportunity Pro newsletter: "As far as we're concerned, it's only ever about earnings, technicals and monetary policy anymore. Those are the big three, along with any potential geopolitical issues that may surface of course. And, when we focus on just those three major market drivers these days, one has still got to be a little concerned. Earnings across the board really haven't been all that strong, ex mega tech. The Fed appears to have no confidence in raising rates, regardless how she paints it. And, the technicals still suggest a looming selloff. I hate to sound like a broken record, but we continue to eye our target on the S&P 500 of [removed by editor]. I've included another daily chart of the S&P 500 below showing you the index is trading up today on the economic data, but trust me when I say this does not guarantee all that much more upside ahead before the markets can break down sharply. And, we're about to close out another week of trading day with the S&P 500 ever so close to the [removed by editor] level shown here." As usual, John Monroe's pinpointed what matters -- and what doesn't matter -- right now. He's also figured out the games investors are playing with themselves even though they may not realize they're playing those games. Sorry I can't tell you John's exact numbers he's sharing with Elite Opportunity Pro members, but it wouldn't be fair to EO subscribers. The precise level isn't quite the point anyway though. The point was, as bullish as the market is acting like it wants to be, you've got two guys who both think the market is overextended and on the verge of a pullback. It just needs a catalyst. If you'd like to take your trading to the next level and get all of John's tip and insights -- complete with specific trading targets and stock suggestions -- Elite Opportunity Pro subscribers absolutely love what he gives them every day. Here's how you can get it for yourself.