James Awad
James Awad
aftermath corporate energy investment issue legs major
The major investment issue that has legs in the aftermath of the hurricanes is energy and its implications for corporate profits,
companies period tech
We're going to go through a period where we find out what tech companies are really what they thought they were and which were hype.
coming housing negative numbers oil positive today worse
The positive today is that oil is coming down, the negative is that the housing numbers are worse than expected.
economy fact signs
There are some signs that the economy is not getting worse, in fact it is getting better.
apparent clearly cost embedded exactly fed gains great growth increases issue itself market mean period profits retail slowing stock strong successful tough troubling volume worrying
I think retail is going to be a very tough place to make money. What's worrying the market now is -- if the Fed is successful in slowing the economy, what does it mean for profits going forward? And that is apparent - that's more clearly an issue in retail than anyplace else. But it is an issue in the market itself that you're going into a period here where profit growth may decelerate; in fact, could flatten out as you have volume gains decelerate in a slowing economy, but cost increases embedded in from the period when you had a strong economy; and that's not exactly a great prescription for profits, and I think that's troubling the stock market,
call
I think what you're in now is what we'll call the
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,
clearing corporate election increase mergers next percent profits
With the election clearing the deck, I think you'll see more momentum. If you're going to have a 10 percent increase in corporate profits next year, I don't see why you couldn't be up 20 percent (in mergers and acquisitions).
almost analysis dangerous levels market momentum securities
It's been a 'no-brainer' momentum market where securities analysis isn't important, and now you have almost dangerous valuation levels on those stocks,
earnings far period
On balance, the earnings period so far has been very reasonable, even better than expected.
bear break bull
It's not going to make or break a bull or a bear market, but it's a negative.
best earnings interest low market poised rates stock time
The best time in the stock market is when interest rates are low and earnings are poised to grow.
bias southeast time year
The bias at this time of year should be up and, if it's not, it will be because of Southeast Asia.