Jim Awad

What you are getting is a knee-jerk reaction to the drop in oil prices.

What you are getting is a knee-jerk reaction to the drop in oil prices.

You had good earnings out of Pfizer, good earnings out of Merrill Lynch , several dividend increases and eBay shares read more

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.

The current earnings and the forward-looking guidance, in general, have not met expectations among a lot of companies.

The current earnings and the forward-looking guidance, in general, have not met expectations among a lot of companies.

FedEx's report not only helped lift the transport sector, but the entire market. In the absence of major negative news, read more

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.

The market is caught between good quarterly reports, such as the one from Disney, and the reality of company guidance read more

The market is caught between good quarterly reports, such as the one from Disney, and the reality of company guidance for future earnings that is far from stellar.