A Few Thoughts on Thursday’s Market: The overall stock market finished Thursday mixed with the Dow Jones Industrial Average finishing slightly lower while the S&P 500 and the NASDAQ finished the day slight higher.  Oil was lower by $1.25 to $96.36 per barrel, and Gold was higher by $9.80 to $1,759.30 per ounce. In the grain markets,  Wheat was lower by $0.114 to $6.626 per bushel, while Corn was higher by $0.010 to $6.430 per bushel, and Soybeans were higher by $0.016 to $12.170 per bushel.

A Few Thoughts Before the Open:  One word to describe the recent market, “DULL!”  Granted it has been a slow, steady upward trend, and it looks like that trend could continue; or it could reverse course at any point in time.  However, from my standpoint it is somewhat tough to find any new entry points on either the long or short side that I feel comfortable with.  I will take a more in depth look at the market this weekend and see what I can find.

The Bottom Line:  Never short a dull market; and the longer a trend is in place the greater the chances of it breaking.