Continuing higher as the Dow added 138 points on average volume. The advance/declines were 3 to 1 positive. The summation index is trying to turn around. The TRAN was the leader to the upside today. The S&P 500 remains short term overbought. No overhead resistance for the S&P so we could go on a run to the upside. No SPY trades for now as we have just rolled into the February option cycle. Plenty of earnings due out in the coming weeks. Gold lost $7 on the futures. The US dollar finished flat, while interest rates were a bit lower. Both the XAU and GDX had slight fractional losses on very light volume. My open order for the GDX February calls is still out there. GDX did drop early today but for some reason my order wasn't filled. GDX remains short term oversold and staying that way. Mentally I'm feeling OK. The VIX was a bit lower again today and has room to move down. It is still stuck at its 50 day moving average. If it can get below that level it should be supportive for stocks. All in all it was a quiet Monday in the stock market. Asia was mixed again and Europe higher to begin the week. We'll keep an eye on the overnight headlines.