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.
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.
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.
consumer early earnings giving particular questions raise retail sector
Wal-Mart got the traffic, but not the margins, and that will raise questions about fourth-quarter earnings for retail in particular and the consumer sector in general. That's giving you some early caution.
growth questions rate whether
There are questions as to whether the growth rate is sustainable.
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.
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.
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.
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.
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.
given negative today tone
Today is all about downgrades. This has given a negative tone to the market.
drop oil reaction
What you are getting is a knee-jerk reaction to the drop in oil prices.