NEW YORK (TheStreet) -- Another boring trading day in the stock market on Thursday. The S&P 500 Trust Series ETF (SPY) volume did not even trade 60 million shares. The volume came in at 56 million shares.
After being up for most of the day, the DJIA closed lower by 2.83 points at 17083.80 and the Standard & Poor's 500 was up 0.97 at 1987.98. The Nasdaq was lower by 1.59 points at 4472.11 and the Russell 2000 was down 1.85 at 1156.26. All in all, a nothing day.
Read More: Cramer: Every Which Way But Short
Gold, which is up 7% for the year to date, had its fifth consecutive down day. On a down open Friday it will be in oversold territory within a "Trend Bullish" condition. So do not get to excited that Wall Street pundits are starting to become bearish on Gold. It is only a correction. Gold is within a day or two of a move higher.
The Select Sector Utilities ETF (XLU) continues its bullish performance, up 12.5% YTD. Again, it continues to signal a growth slowing economy, along with the Barclays 7-10 Year Treasury Bond Fund (IEF), which is up 4.3% YTD.
An interesting sector that has been bullish in 2014, the semiconductor sector, may be signaling something negative on the horizon. Broadcom (BRCM), Intel (INTC) and Maxim Integrated Products (MXIM) have not been able to hold their post earnings gains. MXIM is getting clobbered in after-hours trading Thursday.