Is a Second U.S. Stimulus Package Headed Our Way?

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View This Message on the Web November 16 Is a Second U.S. Stimulus Package Headed Our Way? By Jon D. Markman Contributing Writer Money Morning Is the recent market softness something to be worried about? Not if U.S. President Barack Obama & Co. comes through with a second stimulus package – as I'm expecting. Let me explain … There are a few reasons to suspect that the softness we've been seeing will continue for a week or so. Small-cap stocks –  which continue to drag along like road kill caught on the rear bumper of the market – are our main cause of concern at the moment. There is also the possible head-and-shoulder reversal pattern on the Nasdaq Composite Index and "double top" patterns on the Russell 2000 Index and Standard & Poor's 500 Index. And a number of short-term indicators have moved into over-bought territory.   As you can see in the chart that follows, there's a battle going on at the 85-day moving average, which was the support level back in July. Small-caps fell below that level two weeks ago, pressed above it last week, and now could go either way. If they drop more decisively below the 850-day moving average, the weakness is likely to persist. Read Full Article » Have you heard of the X-Zone? It's a where unique, under-the-radar companies are cranking out exceptional gains. Only a handful of savvy investors have had access to the secrets hidden inside the Zone. But now, for a limited time, you can get your hands on every money making detail in this special investor report. Your X-Zone Report reveals how you can get in on companies poised to post gains of as much as 378%...... 717%... 427%... 531%... and 720%. Grab your copy of this ground-breaking report here. Sponsored content Hewlett Packard-3Com Deal Shows Urgency for Growth in Competitive Tech Sector By Bob Blandeburgo Associate Editor Money Morning Hewlett-Packard Co.'s (NYSE: HPQ) pending buyout of 3Com Corp. (Nasdaq: COMS) highlights an accelerating race in the tech sector to grow businesses in an industry where development from within simply is not enough. H-P will pay $2.7 billion in cash for 3Com, which is second to Cisco Systems Inc. (Nasdaq: CSCO) in business networking. Cisco and H-P have steadily been encroaching on each other's businesses: Earlier this year, Cisco started making servers while H-P last year began to renew investment in its ProCurve networking business. Deals like the one between H-P and 3Com are "part of a broader theme where there's a lot of talk of convergence in the data center," said Jayson Noland, an analyst at Robert W. Baird & Co. Inc. "Cisco and H-P are going to compete more and more." Read Full Article » Buy, Sell or Hold: Amazon.com Inc. (Nasdaq: AMZN) Has Been a Boon to Investors, but Now It's Time to Take Profits By Horacio Marquez Contributing Editor Money Morning We have been front-running many very positive catalysts since I first recommended buying Amazon.com Inc. (Nasdaq: AMZN) on Feb. 5. First, that put us ahead of the bull-market rebound in U.S. stocks that started in early March. My recommendation also predated the launch of Kindle 2, as well as stimulus measures deployed by the United States and China in April. Just as predicted, the U.S. economic recovery has gathered momentum and Amazon has benefited greatly by offering a compelling value proposition to a cash-strapped consumer.  The loose monetary policy and the massive fiscal stimuli of the U.S. Federal Reserve and the weak U.S. dollar have combined to fuel a rally of the Nasdaq Composite Index and Amazon has outperformed the whole way.  Read Full Article » Money Map Report Login » 11/14/2009 Trade Gap Unexpectedly Widens on Surge of Oil and Auto Parts Imports 11/13/2009 Eurozone Emerges From Recession, but Recovery's Obstacles Will Prove Challenging 11/12/2009 U.S. and China Seek Middle Ground on Currency Dispute Ahead of Obama Visit Feature Fiscal Hangover: Now Available See More » The Week Ahead November 16 Retail Sales (10/09) November 17 Industrial Production (10/09) and Producer Price Index (PPI – 10/09) November 18 Consumer Price Index (10/09) and Housing Starts (10/09) November 19 Weekly Jobless Claims (11/14) and Leading Indicators (10/09) November 20 Philadelphia Fed President Charles Plosser speaks in Singapore. Worth Considering This Market Disconnect May Not Last Much Longer Buy, Sell, or Hold? by Horacio Márquez Insights on Income by Martin Hutchinson Inside Wall Street? by Shah Gilani When and How the U.S. Economy Will Recover Three Big Reasons Oil Prices Will Rally Back Big Time Alternative Energy Asia Commodities Europe Global Markets Gold/Precious Metals Oil Real Estate Technology U.S. Economy

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