Markets have run into a pause of sorts with the all of the major indexes trading lower early, but are again clawing their way back on the day so far. Is this the beginning of a major selloff? Could be, however, all of the folks here at SmallCap Network do believe if that does end up happening, it will end up being another tremendous buying opportunity for the long run. Since I've focused on showing you the S&P 500's short-term trading behavior over the last few days, I though today we'd have a look at the good 'ole DOW Jones Industrial Average, the historical benchmark index that all of the old timers love to follow. That's not meant to offend, it just is what it is - the older demographic (including myself) still pays close attention to the DOW, while traders and the younger folk seem to gravitate to the NASDAQ. The daily chart of the DOW here shows us these markets are starting to become a little questionable, just from a very near-term perspective though - because over the long run they're still in a very bullish trending pattern. It's all about the now though and the index's relative strength does appear to be weakening lately. With the multi-year bullish rally still very much intact, any and all potential pullbacks should be viewed as a buying opportunity until the guys over at Elite Opportunity Pro tell us otherwise. As for our featured stocks list, we had some fairly impactful news this morning from a few of stocks we've done very well with since initiating coverage. Vitality Biopharma, Inc. (OTCQB: VBIO) Retains Gastroenterology Experts Vitality Biopharma, Inc. (OTCQB: VBIO) ("Vitality Biopharma," "Vitality", or the "Company") announced the appointments of Dr. Douglas A. Drossman and Dr. Mark Gerich as clinical advisors with expertise in gastroenterology and treatment of digestive disorders. Douglas A. Drossman, M.D., is a founder and now President of the Rome Foundation, an independent nonprofit research organization dedicated to improving the lives of people with functional GI disorders. Dr. Drossman is an Emeritus Professor of Medicine and Psychiatry at the University of North Carolina (UNC) School of Medicine. He is a recognized expert in the diagnosis and treatment of narcotic bowel syndrome, a severe form of opiate-induced abdominal pain, having authored seminal publications describing this condition. Dr. Drossman established a program of research in functional GI disorders at UNC more than 25 years ago and has published more than 500 books, scientific articles, and abstracts. He received his MD from Albert Einstein College of Medicine in 1970 and completed medical residencies at the University of North Carolina School of Medicine and the New York University-Bellevue Medical Center. Mark Gerich, M.D., currently serves as the Clinical Director of the University of Colorado Crohn's & Colitis Center and conducts clinical and translational research focused on the pathogenesis and treatment of inflammatory bowel disease (IBD). He received his undergraduate degree from Cornell University and a dual MD/MBA degree from McGill University in Montreal, Quebec, Canada. Dr. Gerich received his internal medicine training at the University of California Davis Medical Center and completed his fellowship in gastroenterology and hepatology at the University of Colorado in 2011. After completing an advanced IBD fellowship at Cedars-Sinai Medical Center in Los Angeles, Dr. Gerich joined the faculty in the Division of Gastroenterology and Hepatology at the University of Colorado. "We're very excited to work with Dr. Drossman and Dr. Gerich at this stage of our development, as we advance into clinical studies and towards applying cannabinoids for the treatment of a variety of gastrointestinal disorders," said Robert Brooke, Chief Executive Officer of Vitality Biopharma. Cannabis investors loved it, as the stock continues its tear up the charts, something I pointed out could be on the verge of happening several days ago. Sure enough, the stock bottomed out at the end of March and it hasn't looked back since. It's always good to see things work out, especially when we're among the few who thought the stock was literally days away from making a big move back in early April. We also mentioned it was only a matter of time before the entire cannabis space would light up again, and it seems VBIO is among the leaders right now. Another good day with VBIO and we've got a double bagger off that March low! Nexus Gold (OTCBB: NXXGF) (TSE: NXS.V) Provides Exploration Update Nexus Gold (OTCBB: NXXGF) (TSE: NXS.V), a stock that went on an absolute tear when we first started covering it in the fall of last year, provided investors with an update on its ongoing exploration activity in Burkina Faso, West Africa - which by the way appears to have become Africa's gold mining hub. This makes today's announcement potentially even more exciting, as the company's geologists reported that in addition to the main quartz vein-shear system tested to date, an additional five zones of veining and shearing have now been identified at the Niangouela gold concession, Burkina Faso, West Africa. Nexus management also said the company anticipates concluding its phase two diamond drill program at the 178-square kilometer Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso, in early May. A 2000m phase two program has been underway since early April to test down the dip and strike extensions of gold mineralization identified by the company in its initial phase one program. The program is also testing additional targets identified through surface mapping and prospecting. Results from this program will be released once received, reviewed and verified. Lastly, the company also announced plans to undertake a previously announced diamond drill program at its 38.8-sq km Bouboulou gold concession, in June. Bouboulou is located approximately 75 kilometers north-west of the capital Ouagadougou, on the Boromo-Goren greenstone belt, and is bisected by the Sabce shear zone. "With the onset of the rainy season the Company's technical team has recommended we move operations to the Bouboulou concession during this time," said President and CEO, Peter Berdusco. "The heavy rainfall is less problematic from an operational standpoint at Bouboulou and this gives us an opportunity to continue our drilling in Burkina Faso, and in particular, on one of the three major gold-mineralized trends we've identified on the property," continued Mr. Berdusco. Four zones of gold mineralization have been previously identified on the property, termed Koala, Rawema, Bouboulou 2 and Pelgtanga. In 2011 and 2012 Roxgold Inc. completed reverse circulation (RC) and diamond drilling (DD) programs to test these four mineralized zones. For those not familiar with the diamond drill process, exploration diamond drilling is used in the mining industry to probe the contents of known ore deposits and potential sites. By withdrawing a small diameter core of rock from the orebody, geologists can analyze the core by chemical assay and conduct petrologic, structural and mineralogical studies of the rock. As you can see, Nexus appears to be on the verge of some potentially major discoveries in a part of the world already known to produce a good part of the world's gold supply. It's good to see them working, which isn't always the case with a lot of these small penny stock junior miners. Oh, and we love the way the company continues to communicate with its shareholders. Maybe now's the time to get in or get back in now that the stock has backed off quite a bit following that big run late last year. SPYR, Inc. (OTCQB: SPYR) Gets Laser Focused With All Eyes On eSports We've covered the potential opportunity in eSports extensively, and specifically how it should end up playing into the hands of SPYR, Inc. (OTCQB: SPYR). Well, just this morning a well-known small cap financial publisher, Stock Market Media Group, showed their hand and opinion on SPYR's future as a mobile gaming company in eSports. The Firm said, SPYR, Inc. (SPYR) is set to focus all of its attention and capital on mobile game and app development and mobile game publishing with the restaurant division being spun-off into a separate publicly traded company. With mobile game revenue up 53% worldwide in Q1 2017, it's an industry that continues to show explosive growth. In Q1 2016, mobile game revenue was $7.8 billion -- so the $11.9 billion in revenue that the industry raked in during Q1 2017 suggests the industry is getting even healthier. And, with sustained growth in mobile game revenue, increasing mobile game installs, and an eSports industry that is steadily growing in both popularity and revenue, these are all positive signs that SPYR executives are making the right decision to allow the company to operate with complete autonomy in the mobile gaming space. The obvious future for SPYR is mobile gaming, and the obvious path to the greatest revenue opportunities is with the company's ability to publish quality mobile games. According to analysts at Sensor Tower, revenue generated from the Apple app store grew 35% to $6.6 billion in Q1 2017. This figure is up from $4.9 billion in Q1 2016. Meanwhile, Google Play revenue grew 83% in Q1 to $5.3 billion, which is up from $2.9 billion a year earlier according to Sensor Tower, a mobile app data measurement firm. There aren't any signs that gamers are slowing down on the games they download either, and as more and more players continue to look for the latest games from both the Apple and Google Play app stores, mobile game installs are also up in Q1 2017. Sensor Tower's report states that there were 8.8 billion installs in Q1 2017 -- up 15% from 7.6 billion in Q1 2016. According to a Market Forecast for 2016-2021 released by App Annie, gross consumer spending on games alone via all mobile app stores is expected to exceed $105 billion by 2021. And App Annie expects worldwide mobile app store downloads to exceed 352 billion downloads in 2021, and total mobile app store revenue to surpass $139 billion in 2021. SPYR has been adamant about carving out a space in the eSports market for its flagship free-to-play MMO game Pocket Starships (www.pocketstarships.com) and any future games that the company publishes using the same real time, cross platform engine that Pocket Starships is built upon. It is this platform that should make Pocket Starships and any other games SPYR publishes with the same technology ideally suited for the "arena-style battles" that draw tens of thousands of fans to watch teams compete head-to-head for large cash prizes in sports arenas on television and online all over the world. SPYR will now be freed up to focus on becoming a player in the eSports market, a market that Newzoo forecasts will grow to $1.5 billion by 2020. For a stock that continues to trade down around its year's lows, we just don't see how investors won't end up doing well with SPYR from current price levels, because we've seen on so many occasions with this particular stock, when it finally does decide to eake up, it always tends to wake up in a big way. If you follow are constant strategy of buying good penny stocks when they're down, it's only going to take some significant fundamental news for SPYR to make another run up the charts.