Bulls Have Muscle Fatigue The strength is gone. After years of flexing their muscles, buying every dip (almost everyone), and pushing stocks to new highs it now seems the strength is gone. Oh, there is a little 'oomph' left to lift prices, but not that "one more push" to hold averages up. Fatigue has set in. And the AI (artificial intelligence) robots have noticed. They are beginning to

SELL (gasp) into rallies. Perception change has arrived. Today was another rally attempt followed by weakness. The three major averages (DOW, S&P 500, NASDAQ Composite) all settled slightly higher but just didn't have that "up we go again" feel. Concerning. Maybe tomorrow's NFP's numbers (180K est vs 235K prior) will provide an upside surprise, but it will be a selling opportunity. Maybe the China Premier and President Trump have a super great love fest, but it will be a selling opportunity. Maybe the North Korean midget blows up another bomb,

THAT'S

a selling opportunity. Get my drift? Get in front of the robots and reduce holdings, lighten up, get out

AND/OR

place some shorts. Let's go to our fintech focus via the KBW NASDAQ fintech index

KFTX

. Where did the index close you ask? I answer 118.93, up

5.28

points (

+0.47%

). Still very weak. Let me show you which of those 50 stocks in the

KFTX

had a move of 2 points and/or 3% today.

ADS

+3.10 (253.36)

FLT

+3.42 (145.47)

TREE

+3.70 (121.50) +3.14%

Reversing several days of very negative breadth, the advance/decline registered 39 issues up and 11 down today.

So, tomorrow is the last day of the week and the Masters (golf) is under way. If its dull and slow at least you can put the Masters on and doze off. Golf is really good for napping Have a great evening.