The dollar is flat. Oil is up, copper is down. Gold and silver are up. Bonds are mixed and flat.
Yesterday the market was weak early but then rallied to recapture some or all of the losses (depending on which index you looked at). The Dow closed above its 50-day MA for the 107th consecutive time (it looked like the streak would be broken early in the day).
Overall the market remains neutral, range bound and very uninteresting. Oil stocks have perked up, and gold/silver remain in play. Otherwise I don’t see strong trends to play. Financials are below their flat 50-day. Semiconductors closed below their 50-day yesterday for the first time in several months. Healthcare is unchanged going back to the end of February.
The market is in a holding pattern and not very interested in doing anything. No big bets right now.