A day of gains for the market during the final session in the month of May. The Dow rose 64 points on good volume. The advance/declines were positive. The summation index is trying to gain some traction to the upside. We were higher for much of the day but the market dropped in the last ten minutes with end of the month manuvering. The S&P 500 remains overbought and on the cusp of new all time highs. Provided there's no surprises over the long weekend, my guess is that we'll reach new ground early next week when trading resumes. GE was off 1/4 on averge volume. Digesting yesterdays stellar gains. Gold rose $8 on the futures as the US dollar finished little changed. Interest rates ticked lower. The XAU and GDX sported fractional gains on very light volume. My open order for the GDX June calls remains out there. Still short term overbought for GDX and I may cancel this order next week. Sideways movement for the gold shares while gold itself is rising is not exactly bullish. Mentally I'm feeling OK. The VIX was little changed after being lower on the day. Still oversold but remaining below 20 is bullish. Perhaps there's another short term SPY put trade coming up next week but I'll have to go over the charts this weekend to be certain. If we do hit new all time highs for the S&P next week there won't be any overhead resistance. Then a put trade would not be the right idea. I guess we'll see how the month of June begins and take it from there. Europe and Asia were both higher to finish the month. We'll take a break over the long weekend and be ready for the beginning of trading on Tuesday.