BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Dow 8,400: Hold in May, and go away?]]>http://www.bloggingstocks.com/2009/05/29/dow-8-400-hold-in-may-and-go-away/http://www.bloggingstocks.com/2009/05/29/dow-8-400-hold-in-may-and-go-away/http://www.bloggingstocks.com/2009/05/29/dow-8-400-hold-in-may-and-go-away/#commentsFiled under: , , ,

The Dow is set to end another week with a close above 8,000. In fact, the U.S. stock market is at a crossroad of sorts.

Right now, Dow 8,000 is not an issue: 5 consecutive weekly closes and roughly 400 points above 8,000 suggest that battle has been won by bulls.

Still, the bears will argue that the Dow is not that far above the psychologically-important 8,000 level and that this market is more than capable of wiping out that cushion in two sessions. Further, the bears also argue that while the Dow has closed above 8,000 for about a month, it hasn't been able to both make and sustain new highs above 8,600, then 8,800 and 9,000 etc.

Continue reading Dow 8,400: Hold in May, and go away?

Dow 8,400: Hold in May, and go away? originally appeared on BloggingStocks on Fri, 29 May 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>beardowfederal reserveFederalReservefiscal stimulusFiscalStimulussp 500Sp500Fri, 29 May 2009 18:00:00 EST<![CDATA[The fiscal stimulus plan: Where is the missing element that solved the Great Depression?]]>http://www.bloggingstocks.com/2009/02/17/the-fiscal-stimulus-plan-where-is-the-missing-element-that-solv/http://www.bloggingstocks.com/2009/02/17/the-fiscal-stimulus-plan-where-is-the-missing-element-that-solv/http://www.bloggingstocks.com/2009/02/17/the-fiscal-stimulus-plan-where-is-the-missing-element-that-solv/#commentsFiled under: , , , , , , ,

The most sweeping fiscal stimulus in a generation is about to be signed into law by President Obama. It amounts to $787 billion and includes tax incentives, infrastructure projects, renewable energy developments, and payment to state and local authorities.

However, investors appear to be skeptical as indicated by the performance of the markets today for a variety of reasons:

  • Some estimate that as much as 75% of the spending will not reach the economy until 2010.
  • There are questions as to how many jobs in the United States will actually be created.
  • People are uncertain as to how productive the spending bill will be and how much is actually just wasteful "pork."


Continue reading The fiscal stimulus plan: Where is the missing element that solved the Great Depression?

The fiscal stimulus plan: Where is the missing element that solved the Great Depression? originally appeared on BloggingStocks on Tue, 17 Feb 2009 16:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>defensefiscal policyfiscal stimulusFiscalPolicyFiscalStimulusFreePassgreat depressionGreatDepressionTue, 17 Feb 2009 16:39:00 EST