Jim Awad Quotes

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.

- Jim Awad

Tags

Conglomerates | Cyclical | Companies | Spot | Industrial |

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Today is all about downgrades. This has given a negative tone to the market. - Jim Awad

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. - Jim Awad

In terms of the Fed, the most favorable move from the market's point of view is if they raise interest rates by 25 basis points and keep the same language. If they raise 25 basis points and sound worried about inflation the market may get demoralized. - Jim Awad