Morning Stock Talk - Awad: All quiet until we see 3rd quarter results

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Old Sep 4, 2009, 12:50pm   #1
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Audio Broadcast Morning Stock Talk - Awad: All quiet until we see 3rd quarter results

Jim Awad, managing director of Zephyr Management, thinks we won't see meaningful moves on Wall Street untilthird quarter earnings news starts coming in at the end of the month. "You've had a tremendous rally based on the fact the economy looks like it's going to have a couple of quarters of good growth. Now we need companies to ratify that we're going to see that growth. Awad says if we do see growth, stocks will make more progress. If we don't, we've seen the highs for the year.

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Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..
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