James Awad
James Awad
becoming technology
I think what you have in technology is it's becoming a stock-by-stock issue,
bear highs interest market terms unlikely
I think it's unlikely that you'll get a bear market because the fundamentals are too good. On the other hand, you're not going to make new highs in the market as long as we have uncertainty in terms of interest rates,
internet people speculate urge
I would urge people not to speculate in the Internet sector.
giving greenspan investors looking monday night overseas speak speech thursday
Greenspan is giving a speech Monday night to some overseas bankers, then Thursday he will speak to Congress. Investors will be looking to him to clarify.
earnings economic news today
Today is encouraging, but it's not particularly meaningful. We still have a lot of economic and earnings news to get through this week.
diminish economic positive potential
It has the potential to diminish economic activity, ... It can't be a positive on the economy.
anybody bottom carefully cut expecting fed improving listen looking maybe news officials rate recovery saying signs soon talking tape watch yesterday
The Fed officials are talking very optimistically. Uniformly they were out there, on the tape yesterday and in interviews, saying that they are expecting a second-half recovery and looking for signs of a bottom sometime, very soon in the economy. So, you are going to have to watch the news very carefully going forward. I don't think anybody really knows. But if you listen to the Fed, you have maybe one more rate cut and then an improving economy.
In the short-term, you have a malaise that's crept into the market.
currency investors looking
Investors will be looking for the implications (of Brazil) on currency markets.
fed help last looking people
If there is one more cut, it is the last one. I don't think people are really going to be looking to the Fed to help us any more,
earnings far period
On balance, the earnings period so far has been very reasonable, even better than expected.
buy money percent stocks
If you are only getting (for example) 1 percent in the money market, why wouldn't you buy stocks instead?
buying
If you're buying for 20 years, you want to go for growth,
company earnings east focus forward guidance lowering middle problems throw uncertain visible
But throw in a very visible company lowering its guidance going forward and the focus shifts back to the same problems of an uncertain economy, uncertain earnings and the Middle East problem, which has not changed,