While the S&P did nothing, quite a few things happened under the radar. The rees showed signs of awakening, OIH (oil services) & SEA (shippers) broke out, and the solar stocks went wild. Even gold stocks had a good day.

I sold my solar stocks on the gap up this morning - I sense a short term top is in the works. But I may buy them back if they pull back. They are extemely overbought on the short term charts, but just breaking out of a long base on the long term charts.

I accumulated some rees last week - currently just holding. If they can make new highs for May, a new uptrend may be in the works. If that happens, I may add to my positions.

Still accumulating shipping stocks - they look promising.

I suspect gold stocks will outperform the metal for a while, but I'm still wary, having been burned too many times - and the trend is still down. But I might get back into the sector in late summer when seasonals improve.

Meantime, Venture is still floundering - I think the juniors will just go the way of the PM sector. Maybe comes to life late summer.