The dollar is flat. Oil and copper are down. Gold and silver are up. Bonds are up.
We enter this new week with the market doing just fine overall, but I’m much less enthusiastic about the near term. There are small warnings and non-confirmations, and given the extent of the gains in place, there isn’t much “meat” on the bones.
I fully expect more new highs to be made this year, but in the near term I don’t see many trades that jump off my computer screen.