We had a huge rally to begin 2013 as the Dow gained 308 points on good volume.  The advance/declines were almost 10 to 1 positive.  The tax deal is done and it is off to the races.  The small stocks are leading the way higher here, so it appears that this move higher could have legs.  It is too late for any stock index calls right now in my opinion.  The buy signal was a couple of days ago but the market opened up strong on Monday which rose the value of the calls.  Perhaps the next trade will be getting short when we get short term overbought.  The employment report is due on Friday.  Some stock indices are breaking out into new highs and we had some huge upside gaps today.  Expect higher prices going forward.  GE was up 1/3 on good volume.  Too late for the calls here as well in my opinion.  Gold moved higher today as well, gaining $13 on the futures.  The US dollar bounced around but ended the day little changed.  The XAU rose 2 7/8.  ABX, GG and NEM all had fractional gains on average volume.  The gold shares are getting short term overbought.  I still might try the January calls though.  Money is flowing into all assets at the moment.  Mentally I'm feeling OK.  We have seen the expected rally following the resolution of the tax stand off in Washington.  Were we go from here is what matters next.  It looks like we are going to go higher regardless of the economic numbers.  We'll see how the rest of the week plays out.  Gold has found some buyers this week as well.  I'm not sure how long that will last but I might be willing to try a short term trade there.  The January ABX calls are still on my radar.  We should see the rally continue overseas tonight and tomorrow here as well.