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Letter "J" » Jim Awad Quotes
«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.»
«It's more news of good economic growth and low inflation. That takes pressure off of stocks.»
«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.»
«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.»
«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.»
«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. There is an underlying fear the 10-year Treasury is going to go above 5 per cent.»
«As we roll into the earnings reporting season, you're getting a little bit of caution.»
«We've just come off a very big quarter and so we have to digest some of those gains.»
«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.»