The beat goes on as the Dow rose 66 points on heavy volume. The advance/declines were about even. The summation index is moving sideways. The NASDAQ continues to lead the way higher. There is no overhead resistance. New all time highs for the Dow, NASDAQ and S&P 500 once again. The overbought condition for the S&P remains in place on both a daily and weekly basis. Enjoy the ride. Gold jumped $76 on the futures to a new all time high. The US dollar was lower and interest rates ended slightly higher. The XAU climbed 7 1/3, while GDX was up 1 7/8. Volume was good to the upside. Gold is moving straight up now and that cannot last forever. It is extremely overbought but I can't say when that will end. Same for the gold shares. I have started looking at the GDX October puts. However the money just continues to pour into precious metal assets. As I have stated before, this won't end well. The problem here is we don't know when it will stop. Mentally I'm feeling OK. The VIX was higher today in an up market and that doesn't fit. The short term indicators here have turned higher. Not sure what is going on right now with this indicator. Most of this weeks economic data will be later this week higlighted by the inflation news on Friday. Asia and Europe started the week on a mixed note. I'll keep an eye on tonights headlines.