Back to the upside as buyers took over after some early volatility. The Dow roared ahead by 790 points on pretty heavy volume. It was the leader of the pack today. The advance/declines were 4 to 1 positive. The summation index is trying to turn back up. Both the NASDAQ and S&P 500 closed at new all time highs. The inflation data came in where expected. Tech earnings were positive for the most part with the exception of META. The short term indicators for the S&P 500 continue to remain overbought. No overhead resistance for the S&P as we begin to wonder just how high things will go. Gold was up $68 on the futures. The US dollar was lower along with interest rates. The XAU gained 8 1/8, while GDX rose 2 points. Volume was a touch above average. The short term indicators for GDX remain oversold. I did place an order for the GDX May calls last night but it wasn't filled. GDX opened with a big gap higher and then traded sideways for the rest of the day. I canceled my order as it did not have a chance of getting filled. We will now have to decide if this idea is still worth pursuing. Mentally I'm feeling OK. The VIX was lower today and that fits with the positive move in stocks. The short term indicators have turned back down and some are already short term oversold again. The daily candlestick chart here now looks like it is going to go lower. Perhaps stocks will simply stay elevated into the May option expiration but that's a guess. Not exactly sure what our next trade attempt will be. Asia was generally lower and Europe higher last night. We'll begin the month of May and close out the trading week tomorrow.