Unemployment up but so is the market as the Dow gains 217 points on good volume. Advance/declines were 4 to 1 positive. The market has moved higher on better volume and that is a good sign for the bulls. Shrugging off bad news is another sign of a market that wants to go higher. The summation index should be back to the upside after todays action. Getting short term overbought but not there yet on a medium term basis. Maybe this is the start of a longer term up move. Or not. It is one interesting game. Gold was little changed but the XAU followed the overall market higher, up almost 3 points. ABX, GG and NEM all had fractional gains on OK volume. We are overbought on the gold shares but there is nothing holding them back either. The dollar was weaker today, however gold itself didn't do much. There have been a lot crosscurrents lately between the dollar and gold. I don't know right now what that actually means but it means something. So we will have to see how that plays out going forward. Mentally I'm feeling tired, did not sleep well. 9 days left for the February cycle with a holiday a week from Monday. So it gets a little risky going forward. I don't have any solid trades in my mind right now. I will check things out over the weekend and take it from there. It is looking bullish for the Dow now though. The transports have started a nice rise as well. For now, time for a break and then back at it on Monday.