John J. Edwards chatted on AOL MarketTalk on Monday, Sept. 25, 3:30 p.m. EDT.

OnlineHost:

Live from New York, NY, please welcome John Edwards, assistant managing editor,

TheStreet.com

. John can answer questions about the latest market-moving news. John does NOT offer individual stock commentaries or recommendations. Visit Keyword: TheStreet.

SageMoola:

Good afternoon and welcome to MarketTalk, Mr. Edwards!

TSCNYJohnE:

Thanks for having me. Great to be back after my little break.

Question:

How bad will the weak euro and high oil prices hurt the earnings of U.S. companies and the economy?

TSCNYJohnE:

High oil prices should be a little more of a factor than the weak euro for most companies. I think the U.S. economy overall should weather both storms well. The euro weakness should be a sizeable factor for companies that depend on Europe for a major chunk of their sales, as European buying power is low. Intel

(INTC) - Get Report

and other chip and PC makers are seeing those effects.

TSCNYJohnE:

As for oil, it certainly hurts transportation companies and others that are fuel-intensive. By no means do I expect a recession or anything close, however.

Question:

How can I start with investing? I'm with etrade but don't know how to begin at all. Will you show me the way?

TSCNYJohnE:

Well, I'll try. Before you begin investing, you should carefully assess why you want to invest. What are your goals? Are you hoping to make big profits using money you can afford to risk, or do you want to build a nest egg for education and/or retirement? Different personal situations require different approaches to investing.

TSCNYJohnE:

You also want to consider whether you want to invest entirely on your own or would like some professional advice. I see you're signed up with an online broker, which can be an easy way to trade stocks and mutual funds, but only if you do a lot of research on your own.

TSCNYJohnE:

TST Recommends

Read news reports, call companies to request their financial information, really delve into the workings of the companies you're interested in and of the market in general. If you're not comfortable doing that alone, it's perfectly fine to talk with a broker. There's plenty more I could tell you, but I'll just leave off by suggesting that you visit

TheStreet.com's

new and improved Investing Basics section for more pointers. Good luck!

Question:

Your general thoughts on the Small Caps for the rest of the year?

TSCNYJohnE:

I think they're stalling out again and won't be making major moves. We're heading into a time of considerable nervousness, as the big-cap indices falter, and I don't expect small-caps to buck that trend.

Question:

With Intel coming out with new products do you think it will rebound soon?

TSCNYJohnE:

You never want to count out a company like Intel, but the bigger question is the state of demand for its products, new or old. If the PC-demand woes Intel has seen in Europe persist and/or spread, the bounce back might not be as pronounced as Intel holders might hope.

Question:

Your opinion on place of electric utilities; will they be a part of the new market?

TSCNYJohnE:

They definitely will. Utilities have done as well as almost any other industry at adapting to new market realities, and I think you'll continue to see them become less sensitive to interest rates and more technology-intensive.

SageMoola:

Thank you very much for joining us today, Mr. Edwards. It's always a pleasure!

TSCNYJohnE:

Always a pleasure to be here. Great chatting with you, and I'll see you at

TheStreet.com

!

OnlineHost:

We have been speaking with John Edwards, assistant managing editor,

TheStreet.com

. Visit Keyword: TheStreet.