Moving higher as the Dow rose 105 points on light volume. The advance/declines were negative. The summation index is still in a sideways channel. The NASDAQ led the way higher thanks to the NVDA outlook last night. The S&P 500 jumped 55 points. The short term indicators there are now moving higher. My guess is that we are about to test the all time highs again. However the recent volume has been light and the breadth has not been that positive. I still like the SPY September puts at some point. The Fed chairman will be giving a speech tomorrow and that could impact prices. Gold was up ten bucks on the futures. The US dollar finished unchanged and interest rates were barely higher. The XAU added 4 1/4 and GDX was up 1 1/4. Volume was light. The short term indicators on GDX are still traveling in overbought territory. Mentally I'm feeling OK. The VIX was down today and the short term indicators here are heading lower. The daily price chart and indicator movement for the VIX looks like it wants to go lower which would be positive for stocks. For the most part Asia and Europe finished lower overnight. We'll close out the week tomorrow.