kftx Brains and circuits are fried. Traders/investors and robots (

AI) just have to have their brains (and wiring) fried watching the markets dive, zip and soar. We had swings down, dip buyers stepping in and winding up disappointed, bulls stepping in again and getting a big jump up allowing the major averages (Dow, S&P 500, Nasdaq Composite) to all finish higher on the week. Kind of hard to keep track of isn't it? Volatility is good, choppy not so much. So, the major averages finished up Monday, off a touch Tuesday, down and mixed Wednesday, way up Thursday and soft and sleepy Friday. Talk of

no

tax reform turned to expectations of a

"BIG"

tax cut announcement next week, interest rates softened on reduced economic growth expectations, that was followed by some nice tech earnings late in the week and the very nervous French elections (Sunday) were thrown a "

curve

" with a terrorist attack in Paris. Whew! Got all that? I obviously don't and I join all the others (except the

AI

group......no intelligence here, artificial or not) with brain toasted. In any event, the Dow finished the week

Up

by half a percentage point, the S&P got up +.85%

BUT

the NASDAQ Composite jumped +1.82% (see fintech below). Another market "cliff dive" averted (for now). With all the uncertainty and nervousness the traditional safe havens such as bonds and gold had a mixed message as well. Interest rates declined slightly (bonds rallied) (10 yr note at 2.22%) but gold remained flat despite a lot of bullish comments. The big

"new"

star fast becoming an alternative to gold as a safe haven....

.Bitcoin

.....rallied to new all time highs ($1250) before pausing a bit. The big move of the week belonged to the fintech sector. The KBW NASDAQ fintech index

KFTX

went from being one of the weakest sectors last week to an out-performer this week. The

KFTX

jumped up

3.1%

on the week, a whooping

34.15

points to close at

1140.77

. Not quite a new all time high, but a nice upward turn none the less. So now what? Let me ask

Gigi

(our brilliant kitty and smarter than a robot) for some crack advice. Well,

Gigi

says "

sell in May and go away

" (start now....only 5 days till May), don't get sucked in with these bullish pops, prepare for a

13%-18% market decline

and

FEED ME (she likes food)

. You heard it here first. Have a great week.