The housing data released Wednesday morning showed an improving real-estate market. Construction of new U.S. homes rose 2.3% in August. Sales of previously occupied homes rose 7.8% in August from July to a seasonally adjusted annual rate of 4.82 million, the National Association of Realtors said Wednesday. That's the highest level since May 2010, when sales were aided by a federal home-buying tax credit.
Crude Oil on the other hand is down $3 a barrel today on rising inventories. Did MarketClub's Trade Triangles get you on the right side of this move? We'll take a look.
Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today's video