Still moving higher going into the weekend as the Dow gained 259 points on good volume. The advance/declines were positive. The summation index is now moving up. The Dow led the way and that isn't the most bullish scenario. Both the NASDAQ along with the S&P 500 had small gains. New all time closing highs all around so we can't feel too bad on the bullish side. The S&P is short term overbought. Moving into option expiration week and there's nothing to prevent us moving up from here. There is no overhead resistance. Not sure how long the rally will last but it's usually longer than you think. Gold was off a dozen on the futures today. The US dollar was higher and interest rates finished mixed. The gold shares were lower as the XAU fell 2 1/2 and GDX lost 1/2. Volume was average. My GDX November calls got more than cut in half from yesterdays break even level. With only a week to go in these options obviously now I should have sold them yesterday. This will be most likely another loser unless we see some extreme event over the weekend. Still below the down trend line and 50 day moving average for GDX. Mentally I'm feeling OK. The VIX was still lower today and remains short term oversold. The implication is for more gains in stocks. A big week for the bulls and we'll see if they can build on it going forward. I'll be going over all the charts this weekend but will probably remain on the sidelines with regards to the SPY November options. I'll be looking to get out of the GDX call trade with the smallest possible loss. Europe and Asia were generally lower to close out the week. It's Friday afternoon and time for a break.