"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,505.60 | -5.90 | -0.39% |
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Platinum •15 mins | 937.30 | -1.90 | -0.20% |
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WTI Crude •11 mins | 61.97 | -0.93 | -1.48% |
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Gasoline •14 mins | 1.711 | -0.019 | -1.09% |
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Ethanol •42 mins | 1.407 | +0.009 | +0.64% |
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Silver •15 mins | 17.86 | -0.17 | -0.92% |
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Silver • 15 mins | 17.86 | -0.17 | -0.92% | |
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Copper • 15 mins | 2.642 | +0.001 | +0.04% | |
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Brent Crude • 11 mins | 68.18 | -0.84 | -1.22% | |
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Natural Gas • 11 mins | 2.677 | -0.004 | -0.15% | |
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Heating Oil • 12 mins | 2.065 | -0.019 | -0.92% |
Welcome to Art Basel: The…
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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).
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