Stock Capitalist

Robert Prechter, founder of Elliott Wave International and author of Conquer the Crash

We are witnessing the most aggressive government intervention into the US private sector in history, and I am not simply referring to President Obama’s massive $825 billion so-called “stimulus” package passed last week by the House of Representatives. As we will discuss as we go along, there are also plans in the works to borrow [...]

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This is an article from a trader i greatly admire, Chris from ‘the tycoon report’. He provides a very important technical analysis overview for today’s market you must read.
A couple excerpts stand out:
“I’m hoping that, by the time you read this, the market is rallying in celebration of the inauguration because that will give you [...]

“Regular readers know I believe energy and infrastructure are inextricably combined. We need cheap energy to fuel sustained economic growth. And we need infrastructure in place to move and dispense the energy from its source to its destination. Today Im going to give you a perfect example of how the two are intertwined, and how [...]

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“Speaking of looking in the right places, Im relieved to finally have a few more details to work with on the newest, bestest stimulus package. Congress is now getting into the act with an $825 billion stimulus bill they revealed on Thursday. If lawmakers can expedite this [...]

“One thing appears clear: 2009 is likely to be another wild year in the markets. So, what is an investor to do? Remain in cash and earn little or no

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return, or jump back into equities and risk losing even more money if the market retests the November lows as some analysts expect? I [...]

Financial News: Stocks end lower as investors assess Fed rate cut NEW YORK : Wall Street finished moderately lower Wednesday, as further signs of economic deterioration dampened investors’ earlier enthusiasm about the Federal Reserve’s …

Wall Street also likely grappled with the fear that the Fed’s sharp rate cut is a sign of how dire the global financial crisis and economic troubles really are. The Fed’s move was an unprecedented one aimed at boosting borrowing and …

Many economists predict the Fed will cut its rate in half — to just 0.50 percent. A few think the Fed could opt for an even more forceful action — lowering rates by a whopping three-quarters percentage point or more. If that larger cut …

What the Greenspan Fed had accomplished was to put off a natural cyclical correction and transmogrify an entire economy into a monstrous economic bubble. A bubble in stock prices may do little real economic damage.

The stock markets shot higher for a second straight session Monday as investors bet that President-elect Barack Obama’s plans to increase infrastructure spending will help lift the economy back to health.

On top of more dollars being in circulation, the Fed might cut the interest rate again from our already low 1 percent rate during their meeting on the 15th and 16th of this month. If foreign countries do not follow suit and cut their …

an interesting article from our friends at Investment U.
Excerpt… “But if President-elect Obama has his way, every household could soon have the opportunity for a high-speed hookup. As he states on his website: America should lead the world in broadband penetration and Internet access. He thinks we should provide true broadband to every community in [...]

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