Commodity Prices

Gold •648 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,065.20	-46.90	-2.22%
WTI Crude •1 day	95.81	-2.06	-2.10%
Gasoline •1 day	3.016	+0.015	+0.51%
Ethanol •648 days	2.161	+0.000	+0.00%
Silver •648 days	30.82	+1.16	+3.92%

Silver • 648 days	30.82	+1.16	+3.92%
Copper • 648 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	95.20	-0.72	-0.75%
Natural Gas • 1 day	2.652	-0.018	-0.67%
Heating Oil • 1 day	3.745	-0.192	-4.87%

Headlines

1,032 days Will The ECB Continue To Hike Rates?
1,032 days Forbes: Aramco Remains Largest Company In The Middle East
1,034 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,434 days Could Crypto Overtake Traditional Investment?
1,439 days Americans Still Quitting Jobs At Record Pace
1,441 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,444 days Is The Dollar Too Strong?
1,444 days Big Tech Disappoints Investors on Earnings Calls
1,445 days Fear And Celebration On Twitter as Musk Takes The Reins
1,447 days China Is Quietly Trying To Distance Itself From Russia
1,447 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,451 days Crypto Investors Won Big In 2021
1,451 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,452 days Food Prices Are Skyrocketing As Putin’s War Persists
1,454 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,455 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,458 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,459 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,459 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,461 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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

And Yet...

By Ed Carlson - Jul 26, 2016, 12:24 PM CDT

Everything seems to say this market should be going down... and yet... price is always the final arbiter. July through October is a seasonally bullish period of the year for the VIX. The VIX closed last Friday at 12.02. The last time the VIX was below 13.00 was last August just before the S&P 500 declined over 11.00%... and yet...

Sentiment is at an extreme. The CNN Fear & Greed index is at 83 which is a level described as "extreme greed". The NAAIM Exposure index is at 96 which is as bullish as it has ever gotten... and yet...

Commodities (bottom) are diverging from equities warning of a "risk-off" scenario and with inflation expectations declining no turnaround can be expected... and yet...

S&P500 and S&P GSCI Spot Charts
Larger Image