Jim Awad
Jim Awad
absence entire helped lift major negative rally report transport
FedEx's report not only helped lift the transport sector, but the entire market. In the absence of major negative news, we may see another rally between now and the end of the year.
bank decided everybody giving interest lift pressure raising since taking waiting
Everybody was waiting for the Bank of Japan's decision, and since they decided to postpone raising interest rates, that is taking the pressure off U.S. Treasuries and giving a lift to stocks.
bit data distorted given helping industrial largest options production support trading volatile
Industrial production data is helping support some of the largest conglomerates today. But the trading is volatile and a bit distorted given the options expiration.
both confidence consumer higher housing interest people rates starts stronger worried
Both consumer confidence and housing starts were stronger than expected. Treasuries are getting killed, so people are worried interest rates will go even higher than expected.
creating early earnings ebay good increases performed rally several shares transitory whether
You had good earnings out of Pfizer, good earnings out of Merrill Lynch , several dividend increases and eBay shares that have performed better than expected. It's creating a transitory early rally as it's still too early to say whether it will hold.
again became bit buying companies cyclical distorted given good industrial lately options spot trading volatile
Conglomerates and cyclical companies have been on the spot lately and after today's industrial data, they once again became a good buying opportunity. But the trading is volatile and a bit distorted given the options expiration.
companies confidence economy finally money positive putting strength vote
Companies are finally putting their money into play and that is a vote of confidence in the strength of the economy and a positive for stocks.
interest market mixed negative rates reaction texas
You started the day with some negative influences. The market was spooked by interest rates worldwide, and there was a very mixed reaction to Texas Instruments.
attempt bad bonds delay despite giving gm looks microsoft minor news rally relief
You're getting a relief rally in bonds ... and that's giving you what looks like at an attempt at a rally in stocks, despite the bad news out of Microsoft with the delay of its product. The GM news is also a minor positive.
both decline fed increases justify market mild oil rate report stock welcomed
The stock market welcomed both the CPI report and the decline in oil prices. The Fed can't justify too many rate increases with mild inflation.
double growth selling stock
The stock is selling around 15 with a 30-percent long-term growth rate, and 15 times earnings. It could double from here,
basis inflation market points raise sound worried
If they raise 25 basis points and sound worried about inflation the market may get demoralized,
bit caution earnings reporting roll
As we roll into the earnings reporting season, you're getting a little bit of caution.
economic good growth low news pressure takes
It's more news of good economic growth and low inflation. That takes pressure off of stocks.