It seems like a market that just won't go down as the Dow gained 109 points on what now passes for average volume. The advance/declines were around 2 to 1 positive. The summation index is moving up. Once again the Dow was the percentage leader to the upside. That's 8 days in a row higher for the Dow. It won't last forever but we also don't know when it will end. The S&P 500 remains short term overbought and staying there. I did place an overnight order for the July SPY puts and it got filled. The entry could have been timed a little better. It is actually showing a slight profit after moving back and forth all day. This is certainly a risky venture and I should be out of it tomorrow, win or lose. Gold was up a buck today on the futures. The US dollar was higher and interest rates finished mixed. The XAU was little changed, while GDX shed 1/4. Volume was very light here again. I still have the open order out there for the GDX August calls. Mentally I'm feeling OK. The VIX was up today which doesn't fit with an up market. Still short term oversold here but the indicators are trying to turn back up. Not sure what to expect here next with regards to the VIX. We're in the next trade and it is short term to be sure. Will we hold it into expiration Friday? Tomorrows market movement will hopefully provide some answers. Europe and Asia were generally higher in todays trade. We'll keep an eye on the markets overnight.