Stimulus Package Extravaganza
Posted on Saturday, February 14th, 2009 | In Politics & Your MoneyWe all know that the stimulus package is going to be the big spending bill of the year, making it the ‘pork barrel’ – so to speak. The fact that there is going to be quite limited appropriations of cash for the rest of 09, this does a lot for us in determining the timing of investments on Obama Stocks. Expect us to be all over this for the remainder of the weekend.
After reviewing some of the major provisions found in the stimulus package that will be signed early next week, we at Election Stocks feel that it is about time to pull the trigger on a few key sectors.
* Highways: $30 billion, School renovation: $20 billion, Transportation projects: $16 billion, Water projects: $8.4 billion
There’s a hunch that these four provisions might fall under the responsibility of our standard construction companies, linked to in the following articles:
More Altucher Picks
More on Infrastructure
ETF Expert Picks a Few Good Ones
* Health information technology: $17 billion
This is a big one, especially when coupled with the bundle of cash to provide healthcare for the unemployed found elsewhere in the bill. Great picks include:
The web-based HIT company Athena, which was discussed on a recent episode of Jim Cramer’s Mad Money.
As well as anything previously mentioned in our healthcare category.
* Military and V.A. construction: $7 billion
Great for the defense sector, so we’ve got the usual suspects:
Lockheed Martin (LMT), General Dynamics (GD), Raytheon (RTN), Northrop Grumman (NOC) and United Technologies (UTX), Halliburton (HAL), General Electric (GE),
* Accelerated deployment of broadband: $5.6 billion
Discussed by us in a Dec 31st article, citing probable pops as:
Qualcomm (QCOM), Cisco (CSCO), Juniper Networks (JNPR), Foundry Networks (FDRY), F5 Networks (FFIV), Motorola (MOT), Harris Corp (HRS), Tellabs (TLAB), Polycom (PLCM) and Corning (GLW)” all of which are conveniently grouped under the Multimedia Networking Index Fund (IGN).
Last 5 posts by Jeffrey Miller
- A Tough Nut to Crack - October 29th, 2009
- ETF Update: Looking to the Internet - October 25th, 2009
- Healthcare Reform Becoming Less Likely - October 21st, 2009
- ETF Update: Another Look at the Banks - October 18th, 2009
- Identifying Quackery (and Other Mistakes) - October 6th, 2009
Athena;, broadband, Cisco, Corning, election stocks, F5 Networks;, Foundry Networks;, General Dynamics, General Electric, Halliburton, Harris Corp;, Health Information Technology;, healthcare, healthcare category;, Information Technology, Jeffrey Miller, Jim Cramer, Juniper Networks, Lockheed Martin, Motorola, Multimedia Networking Index Fund;, Northrop Grumman, PARTIAL, Politics & Your Money, Qualcomm, Raytheon, Tellabs;, United Technologies, USD
 About Jeffrey Miller (http://www.oldprof.typepad.com)
Jeffrey A. Miller, Ph.D. is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. In 1987 Jeff began work for market makers at the Chicago Board Options Exchange. His approach included finding anomalies in the standard option pricing models and developing new forecasting techniques. Merging these quantitative techniques with specific company analysis, Jeff also generated trading ideas from sell-side analyst reports. Through his years of experience in trading options, futures and equities, Jeff has come to be regarded as an expert in interpreting the effect of news on the markets and individual stocks. Jeff has served as a forensic expert in several cases involving such issues. He has also written a series of papers on investment management, describing both quantitative methods and those related to behavioral economics. |
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