It's been a back and forth week in the market and today it was back to the upside. The Dow gained 227 points on light volume. The advance/declines were around 4 to 1 positive. The summation index is still moving sideways as the market tries to figure out what to do here. The economy looks good and the earnings numbers are coming in strong. I'd expect new all time highs again next week. The S&P 500 remains short term overbought but in rallies it simply stays that way. This week looks like a consolidation before pushing on higher. There is no overhead resistance. The only caveat today was the light volume. GE was up 1/4 on light volume. Gold dropped $7 on the June contract despite a decent fall in the US dollar. That isn't a good sign for the bulls. Rates were slightly higher. The XAU and GDX had very slight fractional losses on very light volume. I'm still looking at the gold share calls if they get back to oversold. Hasn't happened yet. Mentally I'm feeling OK. The VIX traveled back down today and the short term indicators have rolled back over. This implies higher stock prices going forward next week. I'm a believer in that also. We'll get the end of the month of April too and I do believe that new all time highs will be seen. There remains plenty of money around to lift stocks. We'll see what happens when we get to May. I'll be checking the charts as usual over the weekend and might be trying trade in an individual stock ahead of its earnings in the beginning of May. More research must be done beforehand. Europe was a bit lower and Asia mixed overnight. It's Friday afternoon and time for a break.