Commodity Prices

Gold •544 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,203.50	+68.90	+3.23%
WTI Crude •11 mins	58.29	+0.21	+0.36%
Gasoline •38 mins	1.715	-0.001	-0.04%
Ethanol •544 days	2.161	+0.000	+0.00%
Silver •544 days	30.82	+1.16	+3.92%

Silver • 544 days	30.82	+1.16	+3.92%
Copper • 544 days	4.530	+0.111	+2.51%
Brent Crude • 14 mins	62.12	+0.18	+0.29%
Natural Gas • 12 mins	3.952	-0.034	-0.85%
Heating Oil • 12 mins	2.141	+0.013	+0.62%

Headlines

929 days Will The ECB Continue To Hike Rates?
929 days Forbes: Aramco Remains Largest Company In The Middle East
931 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,331 days Could Crypto Overtake Traditional Investment?
1,336 days Americans Still Quitting Jobs At Record Pace
1,338 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,341 days Is The Dollar Too Strong?
1,341 days Big Tech Disappoints Investors on Earnings Calls
1,342 days Fear And Celebration On Twitter as Musk Takes The Reins
1,344 days China Is Quietly Trying To Distance Itself From Russia
1,344 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,348 days Crypto Investors Won Big In 2021
1,348 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,349 days Food Prices Are Skyrocketing As Putin’s War Persists
1,351 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,352 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,355 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,356 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,356 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,358 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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