The housing market disaster is looking like a house of pain these days.

Martin Denholm of the Smart Profits Report shows us where to find the profits in the wreckage.

A good number of investors don’t consider it, but there are prospective profits in timber stocks and according to Martin Denholm, “ it’s beaten most investments hands-down for decades.”

Are you a “responsible homeowner?” If so, President Obama has a gift for you.

Federal Reserve governor Ben Bernanke and Bank of England governor Mervyn King both used to be teachers. I’m glad I wasn’t a student in their classes.

ust a week to go now before Barack Obama finally gets his feet under the Oval Office desk. Priority #1: Getting the much-discussed economic stimulus package pushed through Congress and approved.

It’s clear that 2009 is going to be grim in economic terms. Martin Denholm says investors should stick to sectors that fare better during recessions. The healthcare sector, discount retailers and utilities companies provide essential products and generate repeat business. Martin picks the strongest companies in these “safe haven” sectors.

Pack your bags, folks – “There’s no more Wall Street.” That’s the damning verdict from Alan Greenberg, former CEO of The Bear Stearns Cos. Speaking on Bloomberg TV’s “Money and Politics” show, Greenberg declared that the existing Wall Street investment-banking model is dead.

Obama’s infrastructure plan is still vague. But we know it will be big. And we know there will be great investment opportunities. Martin Denholm picks out the best stock plays in construction, engineering, utilities and raw materials.

Early indicators suggest that there is still some life left in the American consumer. The hordes were back out for the Thanksgiving weekend, though mega discounts means retailers will still struggle to break even. Martin Denholm says investors should stick with bargain-oriented retailers like Wal-Mart (NYSE:WMT) and TJX Companies (NYSE:TJX).