Filed under: Forecasts , Politics , Recession The much-maligned federal government’s ‘cash-for-clunkers’ program , is, nevertheless, stimulating the U.S.

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How about a federal ‘cash for clunkers-appliances’ program?

Filed under: Forecasts , Good news , Products and services , Consumer experience , Market matters , Money and Finance Today , Politics , Housing , Recession , Financial Crisis There was in increase in construction of single family homes in July, marking the fifth straight month for such an increase. It should come as no surprise, after we learned yesterday that homebuilder confidence had rose to a new 12 month high . According to the commerce department, construction on new single family homes rose 2%, and permits for future construction jumped an impressive 6% during July

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Construction of single family homes rises in July

I’m closing my recommended Buy position with Supervalu (NYSE: SVU ), first recommended on April 22, 2009 at a price of $14.98. Grocer/food distributor Supervalu’s shares have drifted lower over the past six months, and traded below its 50-day moving average for more than a month twice — a bearish sign. Continue reading Supervalu: Closing position, due to bear hug chart Supervalu: Closing position, due to bear hug chart originally appeared on BloggingStocks on Tue, 18 Aug 2009 17:50:00 EST.

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Supervalu: Closing position, due to bear hug chart

Filed under: duPont(E.I.)deNemours (DD) , Stocks to Buy Du Pont reported better-than-expected Q2 earnings, but the report nevertheless did not overwhelm institutional investors, who’ve granted the company only a modest P/E of 14. Even so, I’m Reiterating my Buy rating for E.I.

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Look for Du Pont to defy its critics

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Filed under: International markets , Newsletters , Commodities , Oil , Stocks to Buy , Obama Picks “The US natural gas storage cycle is fairly straightforward: More gas is consumed in winter than in summer because natural gas is a key source of heat,” explains Elliott Gue . In his industry-leading The Energy Strategist , the energy sector specialist makes a bullish case for natural gas as well as contract driller Nabor’s Industries (NYSE: NBR )

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Gas gains with Nabor’s (NBR)

Filed under: Market matters , JPMorgan Chase (JPM) , Bank of America (BAC) , Cramer on BloggingStocks From TheStreet.com Network Consumers Don’t Share Market Optimism: Today’s Outrage Citigroup Credit Card Defaults Slow in July TheStreet.com’s Jim Cramer says just because an idea isn’t ‘yours’ doesn’t mean it can’t make you money. Sometimes when you are thinking the correction is shallow, you cling to totems. While the close last night was terrible, the moment I read that Doug was covering his rental shorts, I said, “Time to put some cash to work” — cash that we had raised in Action Alerts PLUS the last two weeks as part of our disciplined scale-into-strength methodology

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Cramer on BloggingStocks: You should never be too proud to learn