Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	964.70	-5.80	-0.60%
WTI Crude •10 mins	70.12	+0.02	+0.03%
Gasoline •21 mins	2.055	-0.004	-0.21%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.24	+0.01	+0.01%
Natural Gas • 10 mins	3.366	+0.027	+0.81%
Heating Oil • 35 mins	2.274	-0.000	0.00%

Headlines

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

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…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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