Mixed to start options expiration week on a partial Monday holiday as the Dow gained 195 on pretty light volume. The advance/declines were slightly negative. The summation index is trying to turn higher. The NASDAQ dropped the most today and the S&P 500 posted a small loss. The short term indicators for the S&P remain overbought. Earnings season gets started this week and the consensus is predicting good numbers. CPI on Wednesday and PPI on Thursday could take center stage. The S&P is already overbought so I'd advise some caution here ahead of those reports. No SPY option trades for now. Gold dipped $23 on the futures. The US dollar was higher and the bond market was closed. The XAU was off 2 3/8, while GDX shed 3/4. Volume was very light. Some of the short term indicators for GDX are beginning to stall. I still like the idea for the GDX November calls but would prefer to see GDX get back to short term oversold. May not happen. Mentally I'm feeling OK. The VIX was higher today and some of its short term indicators are turning back up. Hard for me to say where it goes from here. Asia was mixed and Europe higher to begin the week. We'll see how it goes tomorrow when all the players are back in the game.