Sean Seshadri

Housing Starts Ignite Market

New Housing Starts on December 20, allowed the market to resume the bullish trend that optimistic investors were looking for today as good news this morning came out early am.

New houses starts in November were there highest annual rate since November 2010 which caused the market to get a lot of strength around 830am.

Investors and traders a like should always prepare for the market each day if they want to be active traders.

It is important to form a good trading plan prior to market open and of course trade that plan accordingly.

Shares of homebuilders went up because of the news as starts grew by as much as 9.3 %.

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12/31/11

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12/31/11