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Market Pulse: Strongest Housing Numbers Since the Last Boom

Market Pulse: Strongest Housing Numbers Since the Last Boom

Housing is running at its strongest levels since the summer of 2006, according to numbers today. Here's today's report from the Commerce Department: December housing starts totaled 1.669 million (annualized). That beat the 1.56 million estimate and was the highest...

Market Pulse: The U.S. Dollar Appears Overbought

Market Pulse: The U.S. Dollar Appears Overbought

The U.S. dollar index has been in a steady downtrend since May. It paused after breaking a short-term trend line on January 8, but the bearish pressure continues. Click here to view the related idea and chart analysis on TradingView.

Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. General Motors (GM), weekly chart, with relative strength bars compared with Tesla (TSLA). This chart compares the price action of GM with Tesla...

Market Pulse: Energy Hasn’t Done This Since the Pandemic

Market Pulse: Energy Hasn’t Done This Since the Pandemic

Energy is the top performing sector this year by a wide margin. The SPDR Energy ETF (XLE) has advanced 13 percent so far in 2021, compared with a 0.3 percent gain for the S&P 500. Hopes about the economy reopening and a rebound in China are obviously parts of the...

Market Pulse: Positive Signals from Bitcoin’s Big SMAs

Market Pulse: Positive Signals from Bitcoin’s Big SMAs

The recent price action in Bitcoin seems to highlight the importance of two simple moving averages (SMAs): the 50-hour SMA and the 100-hour SMA. Click here to view the related idea and chart analysis on TradingView.

Market Pulse: Ethereum Is Holding Levels From 3 Years Ago

Market Pulse: Ethereum Is Holding Levels From 3 Years Ago

Ethereum's recent price action might look like normal consolidation. But it's actually holding some important levels from almost three years ago. Click here to view the related idea and chart analysis on TradingView.

Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins

Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins

Traders are taking profits in the banks as earnings season begins. JPMorgan Chase (JPM), Citi (C) and Wells Fargo (WFC) announced quarterly results today. While their numbers were mixed, their price action wasn't. All three had rallied into the reports as investors...

Track Dozens of Industries with TradeStation

Track Dozens of Industries with TradeStation

Everyone wants to stay on top of the market. Where are the buyers, and where are the sellers? How do I find areas of strength and weakness? What if I want to see broader groups instead of just individual stocks? This is yet another time that TradeStation's...

Mobile Market Alerts for Trading on the Go

Mobile Market Alerts for Trading on the Go

Are you itching to hit the golf course, lay out on the beach or join your friends for lunch – but worried you'll miss that next big market move? With TradeStation alerts, you can leave the fear of missing out behind! Today we'll talk about setting alerts in the mobile...

How Balance Sheets Tell Company Stories

How Balance Sheets Tell Company Stories

Can reading a balance sheet work like reading a good book? Forget what you might know about financial statements for a moment. Consider instead what a business, any business is really trying to do and never lose sight of it: make a profit. On any day of the week,...

Looking Back on 2008: Lessons from the Crash

Looking Back on 2008: Lessons from the Crash

Last week we marked the 10-year anniversary of the financial crisis. Today we'll look at some of the lessons traders can take from the event for their own use in the future. The first lesson is to recognize and respect price trends. The S&P 500, after all, made...

What Just Happened to Airlines?

What Just Happened to Airlines?

Delta Air Lines (DAL) got a mention on yesterday's Market Action segment, and today it's hitting turbulence. Sure, management announced that it carried a record 15.2 million passengers in September. It also set new high-water marks in July and August. While that's...

The Subprime Crash Started a Decade Ago

The Subprime Crash Started a Decade Ago

October 2008, a month that's lived in infamy for many investors, is now a decade in the rear-view mirror. A decade ago today, the S&P 500 slipped under 1100. It was the lowest close in almost four years and kicked off an historic slide that shook confidence in the...

Suddenly Another Global Name Is Moving

Suddenly Another Global Name Is Moving

Attention has focused heavily on China, Italy and NAFTA. But suddenly today another part of the world is in play. The iShares Brazil ETF (EWZ) rallied 6 percent today and has gained 8 percent in the last week. That places it well ahead of the S&P 500 and other...

Stocks Just Had Their Best Quarter Since 2013

Stocks Just Had Their Best Quarter Since 2013

Stocks dipped slightly last week, but still had their best quarter in almost five years. The S&P 500 slid 0.5 percent between Friday, September 21, and Friday, September 28. It was only the third negative week in the last 13. The index's 7.2 percent gain since the...

Cannabis Craze Drives Activity: September at TradeStation

Cannabis Craze Drives Activity: September at TradeStation

The cannabis craze swept markets in September, with TradeStation clients riding the wave. Canadian marijuana firm Tilray (TLRY) was the third-busiest stock on our platforms this month, catapulting from No. 24 in August. Related companies Canopy Growth (CGC) and Cronos...