Hanging around in the summer as the Dow was off 57 points on light volume. The advance/declines were slightly positive. The summation index is heading higher. There were slight losses for the major stock indices with the exception of the TRAN which had a bigger drop. The S&P 500 is still trying to decide what to do here. The short term indicators here are below mid-range but not yet oversold. Waiting on data out later this week. Patience for now. Gold was up $15 on the futures. The US dollar finished a bit higher and interest rates a bit lower. The XAU had a fractional gain and GDX ended the day flat. Volume was extremely light. Waiting for a signal here to try the GDX August calls. Mentally I'm feeling OK. The VIX finished lower but did close still above its 200 day moving average. After last weeks volatility it suddenly feels like summer again. But things can change in a hurry in this game. I'll try and stay patient for the time being. Europe and Asia both finished mixed in last nights overseas trading. We'll see how it goes tomorrow.