James Awad
James Awad
brutally companies company difficult earnings fact goes individual low market misses paid people performance rather stocks tolerance
The vulnerability is in individual stocks rather than in the market, ... Any company that misses its earnings is going to get brutally punished. The market has very low tolerance for companies that miss their earnings, and it goes back to the fact that everybody's paid on performance and it's difficult for people to have a long-term view.
continues economy factory oil orders people seeing strong turned
You would think that with oil so high, we would be seeing some pressure. But I think the strong read on factory orders turned things around, as it reassures people that the economy continues to strengthen.
bit fed hear people until wait wanting
You're getting a little bit of a setback after two up days, and a sense of people wanting to wait until they hear what the Fed has to say at the Sept. 20th meeting.
both bottom bulls closely deep dynamics either exciting growth headlines issue levels looking market people profit rate rational stock trend
In the 'new economy' stocks, we're going to be looking very closely to see what the growth rate is, what the profit levels are, what the competitive dynamics are. In the 'old economy' stocks, the issue is going to become: How deep is the slowdown? Where does it end? And so people are going to be doing it stock by stock. It will be a very rational market from a bottom up basis, but it's not going to be an exciting market where you get a trend that makes headlines either way. So I think it'll frustrate both the bulls and the bears.
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,
internet people speculate urge
I would urge people not to speculate in the Internet sector.
caution earnings economic people prices report reports revise risk second signs sloppy stock third weakness
The caution I have is stock prices are up a lot -- and we still may have signs of economic weakness and we may have some pretty sloppy earnings reports in the second quarter, ... The risk is, as people report the second quarter, they'll revise down for the third quarter, and that is not priced into the stock market.
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.
concluded economy exception good investors katrina reasonably shape stock storms
Stock investors have concluded that the economy was in good shape before Hurricane's Katrina and Rita, and that it has come through the storms in reasonably good shape, with the exception of oil,
best fabulous january march marked market news rest roll run since sort time until visibility year
The best news is cresting right now, ... so it very well may be that we had a fabulous run in the market from March 2003 to January 2004, we've sort of marked time since then, and we'll roll over for the rest of the year until we get better visibility on 2005.
basic caused certainly couple earnings factors market maybe next remain until worries
The basic factors that caused the market to go down remain in place, and I think those worries are going to be with us for the next couple of months, ... certainly until we get third-quarter earnings reports, and maybe through the election.
earnings far period
On balance, the earnings period so far has been very reasonable, even better than expected.