Regarding trading in these conditions, you nee to really filter the best conditions for your model. Low volume, low volatility times with no heavy-duty drivers in sight means that you're either trading long-term positions and don't care about short-term momentum, or you're trading short-term movements via tight range-based strategies.

Indices and Crude would be the preferred vehicles for discretionary traders in the current environent

you need the little bit of extra volatility in order to reap some benefits