Continuing higher as the Dow gained 229 points on average volume. The advance/declines were better than 2 to 1 positive. The summation index is trying to turn back up. New all time highs for many of the major stock indices including the S&P 500. The jobs report came in much weaker than expected but it did not matter. The market is simply going up until it doesn't. Getting short term overbought again for the S&P but it isn't all the way there yet. If we continue higher early next week, I'll be looking at the SPY May puts. But the easy money all around doesn't make that a longer term idea. GE was up almost a dime on light volume. Gold continued its run up as the futures gained $17. The US dollar was lower but rates ticked up for some reason. The XAU rose 2 1/2, while GDX added 2/3. Volume was good. Gold has now both broken through the resistance at $1800 and the long term down trend line that had been in effect for months. Any pullback would be a spot to get long. GDX has almost reached its long term down trend line at 38. It should make it through but perhaps a pause is in order before that happens. That would be the time to try the GDX calls there. Mentally I'm feeling OK. The VIX had a good decline today and that fits the markets action to the upside. Not yet short term oversold here so there's room to go higher in the near term for stocks. Staying below the 20 level for the VIX insures that the rally has legs. The VIX is saying that whatever selling there was is over for now. I will still look at the SPY May puts though for a short term trade if we get to short term overbought next week. However I may change my mind after going over the charts this weekend if I see something else. Plenty to ponder in the next couple of days. Foreign markets were generally higher to close the week. It's Friday afternoon and time for a break.