Another summer afternoon day in the market. Going nowhere, light volume, no volatility session. Dow up 9 points. Advance/declines slightly positive. It's the doldrums. No interest one way or the other. That might change tomorrow. Intel announced its results after the close and it is down almost a buck in after hours trading. We'll see. Gold got pummeled after the balance of trade number came out a little better then expected. It was down over 6 bucks and the dollar rallied also. Interesting how the gold stocks were down yesterday on no news. Stocks lead the bullion. Even with the sell-off in gold, the XAU was only down around a point and NEM was off around 20 cents. Could the gold stocks be heading higher from here? Of course that would help me out. The volume on the sell-off was light. My thinking is that we've taken a rest from the run-up of last week and now we are ready to go higher once again. That's the feel I get. But there are only 3 days left on the NEM July calls. Resistance is still at $42.5 for NEM. If we get there, I should sell and look for the next opportunity. And it may not even get there. Need to sell out soon here though. Maybe tomorrow. As for the OEX, there is no clear signal so I must stay on the sidelines for now.