ARTICLE SYNOPSIS...December crude oil broke out of a bearish rectangle formation early last week. However, the contract bounced off a key retracement level, which could signal a potential bottom in crude oil prices.
ARTICLE SYNOPSIS...Reports are that the economy may be on the road to recovery as homebuilding picks up. Has homebuilding stocks bottomed and a new bull market emerged, or is homebuilding stocks setting themselves up for a fall?
ARTICLE SYNOPSIS...The short-term downtrend has been broken, but resistance is standing in the way.