Jim Awad
Jim Awad
given negative today tone
Today is all about downgrades. This has given a negative tone to the market.
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.
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.
digest quarter
We've just come off a very big quarter and so we have to digest some of those gains.
cash companies conclude confidence corporate deals economy equity excess mega positive waiting
When companies like J&J conclude mega deals like this one it is a positive for equity markets, as it indicates there's confidence in the economy and there's excess corporate cash waiting to be invested.
cash companies conclude confidence corporate deals economy equity excess mega positive waiting
When companies like J&J conclude mega deals like this one, it is a positive for equity markets. It indicates there's confidence in the economy and there's excess corporate cash waiting to be invested.
growth questions rate whether
There are questions as to whether the growth rate is sustainable.
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.
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.
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.
basis inflation market points raise sound worried
If they raise 25 basis points and sound worried about inflation the market may get demoralized,
costs east giving interest kick labor oil pressures rates reports rising storm
The productivity and labor costs reports abated pressures (over) rising interest rates from the Fed, which is giving a kick to the market. Also, the storm in the East wasn't so bad, so oil pressure isn't bad.
beginning diminish gm moves question risk somewhat strong whether
GM is beginning to take some strong action. The question is whether those moves will be able to somewhat diminish the risk of bankruptcy.
drop oil reaction
What you are getting is a knee-jerk reaction to the drop in oil prices.