Hey everyone. It's John Monroe from Elite Opportunity Pro (EOP). Hope you've been doing well. It's been a minute since I've had some time to publish here, but here I am, and I think you're going to find some good value in today's free edition. First, the major indices continue to defy gravity, but don't think for one second this can't continue. Throughout stock market history, we've had market melt-ups like this on several occasions, but each time the underlying premise has been different. This time around, I'm convinced it's because the large players that be out there have continued to leverage cheap money for some very nice returns in equities. Not only have our traditional banking instruments yielded pretty much nothing in the way of returns, when you look around the entire financial landscape, stocks have and will likely continue to provide the best returns out there, aside from investing in yourself or your own business of course. The bottom line is we attribute most of what has happened to historically low interest rates. That's a bit of the obvious. The not so obvious is how the monetary landscape has changed stock valuations, which believe it or not aren't really all that far out to lunch. And, considering we've been in a pretty strong deflationary environment with respect to commodities in recent years, the reflationary theme now, coupled with potential economic growth, could actually provide enough of an attractive backdrop to keep stocks running for quite some time. From a technical perspective, we're still seeing absolutely no sign of a long-term top yet, something I've prided myself on for almost 20 years now. In other words, I have yet to scream the sky is falling but when I do, be rest assured there will exist a pretty good chance of me being right, and yes, I can help you make good money in a down market. Provided below is a monthly chart of the NASDAQ Composite, and as you can see, everything appears orderly. Even though we've had several consecutive months to the upside, it still doesn't spell looming top to me yet. Most might think this could turn at any time, right? I suppose, but I've studied what has preceded major market crashes for years, and although nobody can predict something like 9/11/2001, most major market crashes are usually preceded by extremely long bars on the monthly charts - much longer than the bars are typically prior to a top developing. And, from a fundamental perspective, I'm not concerned about any sort of bubble bursting yet, although I do believe there are a few bubbles brewing out there. My point here today is multi-fold, with my first point being these markets still have every technical and fundamental reason to continue higher for the time being. There's no reason to be afraid to jump into these markets, as long as you're jumping into the right stocks, which brings me to my next two points. Understanding the Penny Stock Game and How to Play It A large percentage of investors - especially the younger ones - think small stocks, specifically penny stocks, provide much bigger returns than higher priced stocks because of their low priced nature. That couldn't be farther from the truth, and I'm going to dispel that idea for you today without taking up too much of your time. First, the price of a stock means very little in the grand scheme of things. It's more about market cap, and of course many other valuation metrics. Meaning, total number of shares outstanding multiplied by the share price. That means far more than the actual price of a stock. For example, take a stock trading at a $.50 cents and has 500M shares outstanding. The total market cap would be $250M, right? Now, take a stock that trades at $10 per share and has 10M shares outstanding. The total market cap for that stock is $100M, right? Which Company is bigger in terms of market cap size? Yup, the $.50 cent stock. But, what if that $10 stock has far more revenue and earnings than the $.50 cent stock? Then what? Which one is the better value, at least in general terms? Just because a stock is under a $1 doesn't mean it's a good deal, unless of course there's reason to believe it could become big someday. There are many penny stocks that do end up being home runs for speculative investors who can stomach the risk, but more often than not, penny stocks are much better traders than they are buy and hold candidates for the long haul. So, the next time you're up 20% - 50% in a penny stock you really like, I strongly suggest you take some money off the table, reduce your cost basis to nothing, and maybe keep the rest in the event the stock does become a home run someday, because penny stocks are penny stocks for a reason, and it's typically not because they are proven revenue and positive earnings generating entities. What I'm saying here is although some penny stocks do become major home runs, most don't. So, you've got to employ some disciplines, allocate only what you might be willing to lose to a specific idea, and take some nice profits when they're there. More importantly, never ever allocate more than about 20% - 30% of your portfolio to small and micro cap stocks. Meaning, stocks with a market cap of less than about $1B. The bottom line is you should always allocate at least 70% of your portfolio to those proven companies that are worthy of a long-term buy and hold strategy, which brings me to my last point today. I Gave You iRobot (IRBT) On February 10th, Can I have Your Business Now? You just read the title of this section, and for the record, I've only given out one free pick to all of our free newsletter readers this year. And, when I put IRBT out to all of you on February 10th of this year, I said it was my way of trying to earn your business. With that, provided below is a daily chart of IRBT for your review and consideration. As you can see, I gave all of you IRBT on its lowest day since then. The stock is up roughly 22% as of today. You can go back and read the February 10th edition in the newsletter archives at our web site if you want documented proof. For the record, this is definitely not the only winner we've put out at Elite Opportunity Pro this year, we've issued several winners and we're extremely confident our winning ways are going to continue. We haven't had a losing year since we started. As a matter of fact, every single year since our inception in January of 2013, we have suggested stocks that have yielded cumulative pick returns each year by as much as 600%, and yes that included the losers. There's only one way for you to find out though, and that's to become a subscriber. But, before you do, I want you to know a few things first; My Team and I DO NOT EVER suggest penny stocks that trade on the OTCBB. As a matter of fact, I can count on less than one hand how many times we've suggested a sub dollar stock on the NASDAQ or NYSE since we started. Basically, it's not a focus of ours at EOP, nor any part of our strategy. We leave the penny stock ideas to the "free" SmallCap Network. If 22% returns don't excite you, you probably don't have enough experience to appreciate the EOP service anyway. If you can't afford the $99 per month after the free two-week trial, then your portfolio probably isn't big enough to make it worth it. If you don't understand even the best traders and investors on the planet are wrong sometimes, then your expectations are not something I want to deal with. I'm not trying to be harsh, and I'm definitely not trying to talk anyone out of becoming a valued EOP member. I'm simply trying to effectively communicate that EOP is probably one of, if not the most, legitimate independent advisory services out there. And for those of you who understand those bullet points I just mentioned above, I suspect your precisely the type of trader or investor who will find tremendous value in the EOP service. We work our tail off every single day to bring all of our valued members at EOP quality and profitable ideas, and we'd love to help you start creating a much more profitable portfolio than ever before. Sign-Up Today to Receive Your Free Two Week Trial