The market continues to power higher as the Dow gained 250 points on average volume. The advance/declines were positive. The summation index is moving up. The NASDAQ is the leader here and that's bullish. We'll see how high things will run up into expiration on Friday. Getting close to new all time highs and at this rate we'll be there this week. Starting to just go straight up though and that never ends well. GE was flat on the day with average volume. Gold and the US dollar finished little changed on the day. The XAU and GDX had slight fractional losses on very light volume. I've decided against trying the GDX calls this week in the October option cycle. I will attempt them for the November cycle if the opportunity presents itself. I'm still a believer in the gold break out and will wait for the snap back to the breakout line before trying the calls. Mentally I'm feeling a bit tired, not sleeping well. The VIX had a very slight gain but that still does not match up with todays market rally. Back to oversold here on the short term technical indicators. Pretty overbought for some of the S&P 500 indicators but not all. Perhaps we'll pause before getting to new all time highs as the potential double top pattern will appear. But that's just a guess as usual on my part. All indications in my mind are that we're going higher for a while. Earnings season is upon us and the market has made up its mind that Joe Biden is going to win the upcoming election. The pandemic virus remains but it appears that the market has learned to live with that. Europe and Asia were generally higher. We'll keep an eye on the overnight headlines.