For the first time, Chinese artist Ai Weiwei will see his Lego portraits of political prisoners and fellow activists on display at the Hirshhorn Museum in Washington, D.C. Ai Weiwei was under house arrest in China when the work was installed at Alcatraz. more...
Mastering Hurst Cycle Analysis: A modern treatment of Hurst's original system of financial market analysis In 2011 the work of J. M. Hurst, considered by many as the father of modern cyclic analysis, enjoyed sudden and renewed interest by the trading community. This translated into several works approaching Hurst's methods from three different angles. Just as stated by the author, it will help readers get a better grasp and ...
Crude Oil price rose for the fourth consecutive day on Tuesday that provides hope that we could see a long overdue mean-reversion move. The fourth consecutive daily rise in price would be the first in a month, and traders will look to inventory data on Wednesday from the EIA for validation that draws are persisting despite the rise in supply. On Friday, traders were met with the 23rd week of an increase in activated oil rigs in the US per Baker Hughes International, but the sellers did not control ...
New orders for U.S. manufactured durable goods fell by more than expected in the month of May, according to a report released by the Commerce Department on Monday. more...
For those intraday traders, we can pinpoint the pattern a little further. A shorter term key level to watch for is the June 13 low of .7524. Holding above this low keeps new highs towards .7640 vulnerable. A break below this level puts bulls on ice while support may form above .7329. more...
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