Are we due for the pause that refreshes?

If so, what sector is likely to remain mired in a range?

For my money, this chart seems as good as any candidate for continued sideways, sloppy trading action...

We put on a bullish bet in biotechs a couple of weeks ago and it quickly rolled over on us. The market had other ideas.

Now here we are, a couple of weeks later, and the biotech ETF $XBI finds itself mired in a range with rising implied volatility signaling elevated options premiums:

Today's trade comes in a wholesale distributor of industrial and construction supplies. Sexy, right?

Ok, maybe not. But the fact that the stock has been in a steady uptrend since November, is making new all-time highs, and has a "hundred-dolla-roll" in its sight certainly makes it very attractive to me.

Today's trade is in a name that doesn't need Wall Street.

They crush their little corner of the world, operating in the midwest. They do not need to raise money or any exotic financing. Because of this, the company is completely off Wall Street's radar. This means very few (if any?) analysts cover it. Nobody is publishing research reports on it. Essentially, there just isn't anyone talking about it.

Around here, we call these "Eddy Elfenbein stocks." Stocks that are steady dividend payers, operating excellently in obscurity, providing a product or service that so many people use that they don't even realize they are using it.

So we're going to fix that.

And here's why:

It’s the perfect environment to buy mining stocks following gold’s breakout.

The plan is simple: Buy the strongest names on absolute and relative terms – if and when they trade above our risk levels.

That is from my Commodities Analyst Ian Cully in a recent post about the Gold sector.

Today's trade is in a mining name that is above the risk levels, signaling its time to get involved.

One sector that I feel a bit underexposed to right now is real estate -- particularly REITs. And when a dominant player in New York City's commercial real estate sector pops up in our scans with a beautiful chart, it feels to me like this one might be set to surprise a lot of people.

Today's trade is a bet on the speculative juices continuing to flow through the summer. This stock has been performing fantastically since the November stock market explosion, but if we're a believer that this stock is simply tracing out the right side of a larger base, then we've still got plenty of upside to go.

Here's a chart of DoorDash $DASH:

Today's trade is in a name that has the potential to really rip. Of course, the nature of this type of trade is that it has a lower probability of success.

But if we get it right, our potential gains will likely be exponentially higher than any heat we're likely to take in this trade if we're early or wrong.

So let's get right to it.

The speculative fever is returning in a big way.

Today's trade is in one of those names that has already benefited from the recent surge in stocks and crypto prices and is likely to continue thriving if this brewing mania is here to stay for a while longer.

Here's something we don't do very often -- we're going to patiently leg into a position.

Bottoms are a process, and we're taking a position that is betting on a turn on a much-maligned overseas market.

We think the turn can be messy and sloppy sideways for a little longer, which will allow us to get better prices if we go into it with a plan.

Like the Energizer Bunny, the bull market just keeps going...

Who am I to fight the trend?

Today's trade is a stock that has been consistently traveling the path of least resistance higher and we're betting on that trend continuing.

With bullish setups continuing to climb this week, I like the cushion this gives me to continue putting on some bearish bets to help smooth out any possible portfolio volatility that may be on the horizon.

Today's bearish "hedge" is a short bet in a technology name that is most definitely not keeping up with its peers.

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