James Awad
James Awad
accomplish line resistance year
The line of least resistance is upward when you have all the liquidity in the market. But you've accomplished much of what you're going to accomplish for the year right now.
benefit beverages companies improving mean pour quality
This doesn't mean you have to pour everything into beverages and foods. You can still find quality companies that also benefit from an improving economy.
profit seeing taking
You're seeing some profit taking in these areas.
growth interest jobs line market needs profits report toward walk
The market needs to walk a line between too little growth and too much growth, between profits and interest rates. The jobs report tilted the market toward too little growth.
anticipate chasing happening limited market money move russell short starting starts time
Once the Russell 2000 starts to move because it is fundamentally more attractive, you'll see a lot of money chasing limited market capitalization stocks. You can get a very significant move in the Russell 2000 in a very short time and I would anticipate that happening starting very soon.
figure investors market opportunity using
The market doesn't like uncertainty, so it's going to try to figure this out. We could see investors using this opportunity to do some weeding of their portfolios,
bringing due momentum stocks technology
The momentum will change. Technology stocks are due for a correction, without bringing down the market.
attractive bit buying care current early fair financial fork levels market month north percent period rising risk selling stock stocks value yield
North Fork Bancorp stock is selling at about 20. We think its fair value would be about 30. But meanwhile, you're getting a 3 percent dividend yield and it's selling at 10 times earnings. Demographically, it's a very attractive area. So, your risk in buying North Fork is that you're a little bit early and the market doesn't care about value stocks for a while. And of course, in a period of rising rates, financial stocks don't do particularly well. But, ... if you buy it and put it away, you'll end up making 50 percent from current levels over a 12 to 18 month period.
capital consumer economy effects looks market negative signs spending starting
The market has done better than I would have thought, ... You've got some signs that the economy is starting to stabilize -- it looks like the consumer is counteracting the negative effects of the capital spending slowdown in technology.
call hard line remains resistance
It's a hard call to make, but the line of least resistance probably remains up.
capital consumer economy effects looks market negative signs spending starting
The market has done better than I would have thought. You've got some signs that the economy is starting to stabilize -- it looks like the consumer is counteracting the negative effects of the capital spending slowdown in technology.
anybody bottom carefully cut expecting fed improving listen looking maybe news officials rate recovery saying signs soon talking tape watch yesterday
The Fed officials are talking very optimistically. Uniformly they were out there, on the tape yesterday and in interviews, saying that they are expecting a second-half recovery and looking for signs of a bottom sometime, very soon in the economy. So, you are going to have to watch the news very carefully going forward. I don't think anybody really knows. But if you listen to the Fed, you have maybe one more rate cut and then an improving economy.
continues economy factory oil orders people seeing strong turned
You would think that with oil so high, we would be seeing some pressure. But I think the strong read on factory orders turned things around, as it reassures people that the economy continues to strengthen.
believe best poised time
As long as we believe the economy's poised to recover, this is the best time for stocks.