James Awad Reports Quotations

The building blocks of a bear market are not there. It's a correction and it will probably go on for a little bit longer, but I think by the end of April the flood of good corporate earnings reports will overwhelm the negative sentiment that you are getting now.

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.

When all is said and done, I think the market will sprint higher toward the end of the year. But it's going to take continued encouraging earnings and economic reports to move it along.