Robert Nabloid

Where's the Rally for Stimulus-Related Stocks?

Don't give the author crap for the headline - he didn't write the headline. As the author stated, JEC and FLR already had some big bounces from all this stimulus news.

The smartest money is on the sidelines waiting for more details. I could be missing something but I have not yet seen one detailed plan from O. How do we know where he is going to spend our money? What is he going to spend our money on?

Without key knowledge it is only speculation because you could end up buying a company that gets no "stimulus" bonus from Uncle O. Even if Uncle O says he is going to build roads, you don't know what states are going to get the bulk of it, how much will be spent to purchase land, build bridges, or be spent on other items besides infrastructure, etc, etc.. Will the stimulus plan be $850 billion or $3 trillion or $300 billion?

Fact: We don't know squat yet and can only speculate for now.