The Dow gained 52 points today to end the shortened week. The advance/declines were over 2 to 1 positive. Volume was light. We are right at resistance of 1340 for the S&P 500. I believe that we will break through in the very near future. The summation index has turned back to the upside. GE lost 45 cents on heavy volume. The street did not like the earnings report. This could be a possible long trade now that the earnings are out of the way. Gold tacked on another $5 today to new record highs. The XAU gained 3 points. ABX and GG rose 3/4, while NEM added 3/8. NEM came out with earnings today but it seemed to be a non-event. ABX is now over $55 but the volume was nothing special. I don't think this is a valid breakout yet. We'll see about next week. The dollar continued lower today and closed the week negative. If it continues lower, gold should move higher. Mentally I'm feeling OK. We now have a 3 day weekend to ponder things. I'll go over the charts and try to come up with a game plan for the May option cycle. All signs are pointing up for the stock indices and commodities. I will have to try and find something to take advantage. But for now it's time for a break.