Stockhouse @ the Bell: U.S. stocks up on stimulus deal; TSX slips

Today on Stockhouse

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A great depression is almost inevitable, notes Steven Saville.

Uranium stock opportunities for the short term: Part 1, from The Energy Report.

Put sales on BBY and other retailers, says Jud Pyle.

In today’s ThomWatch by Thom Calandra: Resource companies – so vein.

Could the U.S. dollar go the way of Zimbabwe? asks John Lee of Mau Capital Management.

Kevin Cook says FX resistance works like magic once again.

Buzz on the Boards took a look at the Minera Andes (TSX:T.MAI, Stock Forum) Bullboard and the Geologix Explorations (TSX: T.GIX, Stock Forum) Bullboard.

Top Bullboards post:“Gold just broke through the oh-so-crucial resistance level of $930. This should be entertaining. Junior golds will probably need to see a sustained run through $1,000 to enjoy much of a boost, but, IMO, it's coming. When the $US turns south, which it will, then it should get really, really entertaining. Beer, popcorn and 3D glasses ready [sic].” – From groovin123 on the Explor Resources (TSX: V.EXS, Stock Forum) Bullboard.

Top Bullboard: Goldsource Mines (TSX: V.GXS, Stock Forum) had the most posted Bullboard on Stockhouse Wednesday.

Top blog:gnumantsc discussed investing in your TFSA account on The Novice Insight blog Wednesday.

For news about small stocks that made big moves in Wednesday trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.

Word on Wall Street

"Not only has Washington failed to come up with a plan that will work, they've made things worse, in a way, by injecting a lot of uncertainty into the market," Ed Yardeni, president of Yardeni Research told MarketWatch.

Today In The Markets

Sliding RIM stocks help drive TSX down; agreement on stimulus helps raise N.Y.

DJIA	7,939.53	+50.65
NASDAQ	1,530.50	+5.77
S&P500	833.74	+6.58
S&P/TSX	8,737.89	-80.00
S&P/TSX Venture	911.26	+9.17

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TORONTO, NEW YORK (CP) - An attempt to recover from big losses on the Toronto stock market was partly foiled Wednesday by a sharp pullback in Research In Motion Ltd. (TSX: T.RIM) shares after the BlackBerry maker issued a profit warning.

Toronto's S&P/TSX composite index declined 80 points to 8,737.89 after tumbling 229 points in the previous session on disappointment over the U.S. government's plans for reshaping its financial rescue fund. The TSX Venture Exchange edged up 9.17 points to 911.26.

In the United States, New York's Dow Jones industrials finished up 50.65 points to 7,939.53 after American lawmakers reached an agreement on an economic stimulus bill. The Nasdaq composite index was up 5.77 points to 1,530.5 and the S&P 500 moved ahead 6.58 points to 833.74.

Please click here for current U.S. and Canadian market summaries.

After-Hours News

NetApp Inc. (NASDAQ: NTAP)
After Wednesday's close, the data storage equipment maker posted a third-quarter per-share profit, excluding items, of 28 cents, meeting the average Wall Street projection. Revenue fell to $746 million from $884 million a year ago. The company's revenue was affected by a $128 million accrual that it took related to a dispute with the U.S. government's General Services Administration. Without that accrual it would have had revenue of $874 million, missing the $914 million average analyst forecast.

Hawthorne Gold (TSX: V.HGC)
The micro cap explorer, after Wednesday's closing bell, reported results from two additional holes in the 2008 diamond drill program at the Cassiar Gold Camp in British Columbia, which included 2.21 metres averaging 17.92 grams per tonne (g/t) gold.