Volatility was the name of the game today as the Dow gained 230 points on heavy volume. The advance/declines were positive. The summation index is moving higher. The NASDAQ led the way and that's a plus. GDX was less than expected and the inflation data came in higher than anticipated. Trumps tariffs were also deemed illegal by the Supreme court. So there was a lot of news to sift through. The S&P 500 had a decent gain and its short term indicators are now moving up. It has me thinking that new all time highs could be back in play perhaps next week. Rolling into the March option cycle now so premiums will be high. Gold was up $110 on the futures. The US dollar was slightly lower and interest rates finished basically flat again. The XAU was up 9 points and GDX rose 1 7/8. Volume was a bit above average. The short term indicators continue higher for GDX. They are not completely overbought but I am looking at the March puts there. Mentally I'm feeling OK. The VIX was lower today and its short term indicators are moving down. There is an up trend line for the VIX that comes in at around 17.5. We'll see what happens if it gets back to there. I'll be checking the charts this weekend as usual. Asia was lower with the exception of India and Europe higher to end the week. It's Friday afternoon and time for a break.