Let's Help the Consumer with These Prices

It is a grinding day in the tape, overall, with the small caps pushing higher this afternoon and other indices following suit. My sense is that traders are downright exhausted from the previous several weeks of violent price swings and overnight moves, not to mention whipsaws and a steady flow of news which seems to be flipped on its head the very next minute. As far as equities are concerned, I am still not in a rush to scramble to put on long inventory, given the lack of high probability technical setups I seek out in stocks for long swing trades. At the same time, I am not pressing to put on shorts, given how hell-bent this market seems on making macro bears capitulate (if they have not already). Gold miners are outperforming the metal today, and as I write this I think they have another shot at breaking higher. But my natural gas trade is off to an inauspicious start. And my NKE short is still hovering near my entry price. Regarding crude oil, after the USO ETF gap-fill to yesterday morning, the next move should be quite telling as to where we go from here, short-term. UPDATE: Tight stop hit on $UGAZ long. Sold for a loss at $2.48 from my $2.58 entry.