We haven’t had much to say about the snooze fest the market has given us since Monday. The commentary seems to be pointing to Friday’s Jobs number as a market-mover. We’ll be watching, but are continuing to keep loose stops. With good news from the manufacturing and retail sectors, we are not jumping to conclusions on the negative housing news.

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The Dollar (DX) moved up more than all the major averages, providing a further indication that the inverse relationship between the dollar and stocks is breaking down.

The overall market tone is bullish, evidenced by recent new lows on the VIX. EWZ, FXI, and GLD are the largest drags on our portfolio. We may cover with puts if this weakness continues tomorrow.

CleanTech(PZD) has made a strong move recently. We are also watching Clean Energy, (PBW) for an upward move.