The dollar is down. Oil and copper are flat. Gold and silver are up. Bonds are up.
The market continues to wear everyone down. The bulls are frustrated the indexes have been grinding in place for several months…and the range hasn’t seen tradeable ups and down. Instead there’s very little net change day to day. The bears, who have reasons to believe the next move will be down, aren’t exactly thrilled a long list a bearish reasons can be produced, yet the market just won’t crack. Sooner or later someone will blink…just not sure when or who.
No big bets right now. Play it conservatively.