The week started right where we left off with a listless, going nowhere for now market. The Dow was up 66 points on light volume. The advance/declines were slightly positive. The summation index is moving sideways. A mixed bag as the NASDAQ was negative. The S&P 500 remains stuck in a range. The short term indicators here are trying to turn back up so perhaps we'll see some buying tomorrow. But who knows? Still waiting on a catalyst or something to get things going. Earnings haven't provided much direction as yet, perhaps the GDP report on Thursday will get things moving. Inflation data out on Friday. We just rolled in to the May option cycle so the premiums are still high. Gold rose $8 on the futures. The US dollar was lower and interest rates a bit higher. The XAU and GDX had fractional gains on pretty light volume. I did place another open order for the GDX May calls and I'm leaving it out there for now. Not completely short term oversold for GDX but we're getting there. I might adjust the order and take this trade ahead of the NEM earnings report on Thursday. We'll see. There's been a lack of volume lately for the gold shares and that is not a positive. Mentally I'm feeling OK. The VIX was basically unchanged today but was higher during the session. Still short term oversold on the daily indicators but that has been the case for weeks. Not getting a good idea of what comes next here with regards to the VIX. Plenty of earnings due in the next few days. Asia was mixed and Europe slightly lower to begin the last week in April. We'll keep an eye on the overnight headlines.