Jim Awad Quotes (21 Quotes)

There's a high degree of confidence the Fed is going to conduct itself in a non-surprising fashion tomorrow. The greater uncertainty with the Fed will occur next year, so I think (investors) are going to take tomorrow in stride unless the Fed surprises us.

The market is caught between good quarterly reports, such as the one from Disney, and the reality of company guidance for future earnings that is far from stellar.

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.

There are questions as to whether the growth rate is sustainable.

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.

There's a tug of war between earnings and interest rates. Earnings are continuing to overwhelm the worries about interest rates.

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.

Today is all about downgrades. This has given a negative tone to the market.

The non-manufacturing ISM index came in perfect, with higher orders and lower prices and that has given the market more confidence to make the assessment that Wal-Mart's problems were either Wal-Mart specific or retail sector specific and were not indicative of problems in the economy.

In terms of the Fed, the most favorable move from the market's point of view is if they raise interest rates by 25 basis points and keep the same language. If they raise 25 basis points and sound worried about inflation the market may get demoralized.

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.

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.

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.

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.

It's more news of good economic growth and low inflation. That takes pressure off of stocks.

We've just come off a very big quarter and so we have to digest some of those gains.

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.

GM is beginning to take some strong action. The question is whether those moves will be able to somewhat diminish the risk of bankruptcy.

It's a tug of war between earnings and interest rates. The job numbers were stronger than expected. Hourly earnings, while for the month were as expected, came in for the year at a level that might make the Fed uncomfortable. The case is here that we have a strong economy we're creating jobs, wages are going up. That means for the time being corporate profits are in good shape.

The stock is selling around 15 with a 30-percent long-term growth rate, and 15 times earnings. It could double from here,

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.