Commodity Prices

Gold •617 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,043.10	-122.40	-5.65%
WTI Crude •11 mins	94.45	-1.28	-1.34%
Gasoline •10 mins	2.972	+0.008	+0.26%
Ethanol •617 days	2.161	+0.000	+0.00%
Silver •617 days	30.82	+1.16	+3.92%

Silver • 617 days	30.82	+1.16	+3.92%
Copper • 617 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	99.91	-0.55	-0.55%
Natural Gas • 11 mins	3.133	-0.100	-3.09%
Heating Oil • 11 mins	3.851	-0.048	-1.23%

Headlines

1,002 days Will The ECB Continue To Hike Rates?
1,002 days Forbes: Aramco Remains Largest Company In The Middle East
1,004 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,404 days Could Crypto Overtake Traditional Investment?
1,409 days Americans Still Quitting Jobs At Record Pace
1,411 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,414 days Is The Dollar Too Strong?
1,414 days Big Tech Disappoints Investors on Earnings Calls
1,415 days Fear And Celebration On Twitter as Musk Takes The Reins
1,417 days China Is Quietly Trying To Distance Itself From Russia
1,417 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,421 days Crypto Investors Won Big In 2021
1,421 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,422 days Food Prices Are Skyrocketing As Putin’s War Persists
1,424 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,425 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,428 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,429 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,429 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,431 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

More Info

Contact Author

August Heat

By Ed Carlson - Aug 02, 2016, 3:42 PM CDT

August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1% trading range, the first time this has ever happened. Regression to the mean tells us that a big surge in volatility is coming. Seasonality tells us that the month should end higher than it begins (which matches our Lindsay view of a Three Peaks and Domed House pattern).

Dow Industrials Charts
Larger Image