It was a mixed bag today on Wall street but the Dow managed to continue to climb. The most watched index added 214 points on good volume. The advance/declines were slightly positive. The summation index continues higher. The S&P 500 finished almost unchanged, remaining short term overbought. The NASDAQ fell over 200 points. it wasn't the broad based rally that I was expecting to begin the new year. Not sure what to expect from here but the rest of the week should be interesting. Jobs report due out on Friday. Gold bounced back as the futures were up $15. The US dollar was higher along with interest rates. The XAU and GDX had fractional gains on light volume. The gold shares remain short term overbought and the slight increase today despite a decent gain in gold itself is a negative. I should have sold the GDX January calls that I still hold a long time ago. It may be preventing me from moving on to the next trade with my focus on it. Mentally I'm feeling OK. The VIX was only slightly higher today and remains extremely oversold. Not getting any signal one way or the other from here. When in doubt, stay out might apply for the time being. We'll have to wait for a decent signal in the SPY for the next trade there. Still plenty of time left in the January option cycle. Europe and Asia were higher overnight. We'll see what tomorrow brings.