Another day, another gain as the Dow gained 47 points. Advance/declines were over 2 to 1 positive and the volume was light. It was a good week and a good month. There is nothing to stop the market from going higher. I believe pullbacks, if we get any, will be bought. We should see some type of pause next week as we are very overbought short term. We'll see. GE lost 15 cents on light volume. Perhaps there will be a chance to try the May calls here. I'll check the charts over the weekend here. Gold continues its ascent, up $25 today. It is going parabolic in my view. The XAU gained 1 7/8. ABX up 1/3, GG up 3/4 and NEM actually lost a bit. That is the problem that I am having here with the gold shares. Gold itself is powering to record highs and the gold shares are lagging badly. Something has to give. However the Gold/XAU ratio is still at a buy signal and it is getting even stronger. This is another thing that I will have to take a closer look at this weekend. The dollar was a bit weaker today. Very oversold short and medium term for the US dollar. Any turnaround here will not be good for gold. But it hasn't happened yet. Mentally I'm feeling OK. April was a very good month for the stock indices and for gold. There's still 3 weeks left in the May option cycle. Will the markets continue higher into expiration? Time will tell. There is nothing to stop the upward momentum at the moment. I'm going to go over things this weekend and try to come up with a game plan for next week. For now it's Friday afternoon and time for a break.