James Awad
James Awad
companies period tech
We're going to go through a period where we find out what tech companies are really what they thought they were and which were hype.
coming housing negative numbers oil positive today worse
The positive today is that oil is coming down, the negative is that the housing numbers are worse than expected.
economy fact signs
There are some signs that the economy is not getting worse, in fact it is getting better.
drives good outlook profit stock
The profit outlook is not good and is deteriorating. Profit outlook is what drives stock prices.
concluded economy exception good investors katrina reasonably shape stock storms
Stock investors have concluded that the economy was in good shape before Hurricane's Katrina and Rita, and that it has come through the storms in reasonably good shape, with the exception of oil,
bulls cheap expensive generally given high historic individual interest key low stocks
Price-to-earnings ratios are high by historic standards, but the bulls would say that, given low interest rates, they're not too expensive. I think they're generally not convincingly cheap or expensive -- the key is to find individual stocks that are cheap.
brutally companies company difficult earnings fact goes individual low market misses paid people performance rather stocks tolerance
The vulnerability is in individual stocks rather than in the market, ... Any company that misses its earnings is going to get brutally punished. The market has very low tolerance for companies that miss their earnings, and it goes back to the fact that everybody's paid on performance and it's difficult for people to have a long-term view.
barrel market negative potential risk short staring
The risk is we are staring down the barrel of negative pre-announcements, so the market has the potential to be disappointed short term.
internet people speculate urge
I would urge people not to speculate in the Internet sector.
giving greenspan investors looking monday night overseas speak speech thursday
Greenspan is giving a speech Monday night to some overseas bankers, then Thursday he will speak to Congress. Investors will be looking to him to clarify.
diminish economic positive potential
It has the potential to diminish economic activity, ... It can't be a positive on the economy.
currency investors looking
Investors will be looking for the implications (of Brazil) on currency markets.