The rally lives on post-election as the Dow gained 367 points on heavy volume. The advance/declines were positive. The summation index is trying to turn back up. We did fall back from the days high as the Dow at one point was up 800. No clear winner in the election just yet but it appears that Joe Biden will prove victorious. Combine that with a republican senate and gridlock will be the norm. The market loves that as the status quo will remain. The NASDAQ led the way higher and that's a plus for the bulls. The short term indicators for the major indices still have room to move higher. Perhaps the Fed announcement tomorrow will provide the impetus for another day up. We'll see. Most of the major stock index charts look like they want to go higher but the market as always will go where it wants. I'm looking for more gains in the coming days and weeks. GE was flat on the day and the volume was good. Gold dropped around $8 but was down more overnight. The US dollar had a huge election rally in the overnight session but finished the day with a small loss. The XAU fell four points, while GDX shed 7/8. Volume was average. My GDX November calls are back to being solid losers. I'll look to see how they end the week after the Fed and the jobs report. The short term indicators have stalled here and may turn back down. I suppose if I get any chance to end this trade without a loss I'll take it. That may just be wishful thinking at this point though. I did cancel the open order for more GDX calls at a lower strike price. Might revisit this idea later. Mentally I'm feeling a bit tired, did not sleep well. The VIX had a huge drop and bounced off its 50 day moving average. Not yet oversold on the indicators here. The election is basically over and the market has spoken. Could we hit new all time highs before the end of the year? Perhaps but we still have the pandemic virus to deal with and there doesn't seem to be any cure coming in the near term. Some foreign countries are returning to lockdowns and that will put a damper on whatever growth that there was. We'll watch and wait for now when it comes to the coronavirus. Most markets around the world continued to climb higher. We'll keep an eye on the overnight headlines and see what the Fed has to say tomorrow.