Meandering higher today as the Dow gained 26 points on light volume.  The advance/declines were positive.  The summation index is heading up.  The overall market was stronger than the Dow.  The major stock indices are overbought and staying there.  The TRAN had a good session.  There is no reason to not believe that higher prices are coming.  The only drawback here is the light volume.  However there is no overhead resistance.  We've got the Fed minutes on Wednesday and Janet Yellen with a speech on Friday.  GE was up a few cents and the volume was light.  Just waiting for an oversold reading to get some June or July calls here.  Gold was up a couple bucks on the futures despite a strong session for the US dollar.  There are some rumblings about Greece again which perhaps is leading to a flight to safety play.  The XAU was slightly lower, while GDX was flat.  Overbought for the gold shares on a short and medium term basis.  I'm now thinking about perhaps some June puts here.  There was some media hype over the weekend about now being the time to buy some gold.  Usually when something gets popular in the media, it pays to go the other way.  The volume for gold and the gold shares remains low.  Mentally I'm feeling OK.  I guess at this point I'd like to see stocks pull back a little in order to purchase some June SPY calls.  I'm wary of the low volume here but there isn't any doubt that the trend is up.  An extra week in this option cycle makes things expensive for now.  I suppose I'll just be patient and keep an eye on things for now.  Gold is at resistance and most likely depending on the Fed this week will determine if we break through or not.  That's a guess as usual.  I'm looking at the ABX June puts.  We'll keep an eye on the overnight developments and go from there.