A rally from the open today as the Dow gained 89 points on average volume.  The advance/declines were 3 to 1 positive.  The earnings from Apple were the catalyst for todays market action.  The Fed announcement was a dud.  Nothing new stated there.  The summation index should now be moving back to the upside which means that this rally could have legs.  The next important piece of news will be the 1st quarter GDP report out on Friday.  GE was off a touch after being much higher early.  Not exactly sure what that means going forward.  No trades in the near term there for me but I am still perhaps interested in the July calls.  Gold had a volatile session as it sold off hard on the Fed announcement but came all the way back to finish virtually unchanged.  The US dollar was slightly lower.  The XAU gained 3 1/8 as the gold shares outperformed the precious metal for a change.  ABX up 1/3, GG rose 5/8 and NEM led the way higher by 1 1/8.  Volume picked up here.  The majority of my May ABX calls are showing a loss, with a slight gain for the lower strike price purchase.  We'll get GG earnings tonight followed by NEM tomorrow morning.  If they are halfway decent perhaps ABX will rise in sympathy.  The ABX earnings are due next week.  Not sure that will help this trade but I will probably hang on until then.  Mentally I'm feeling tired, did not sleep enough.  The Fed has come and gone and the market is now in rally mode.  The small stocks had a gap to the upside this morning and that is very bullish.  Calls are in order for the stock indices.  Gold made a good comeback today but it still seems like it is just dead money there.  We will need to see some type of upside follow through there for my gold share calls to have a chance.  And by that, I mean a chance to cut the loss.  We'll see how the overseas markets fare tonight and go from there.