Alan Ackerman
Alan Ackerman
bit build buy catalyst comments main risk today
Greenspan's comments did little to build confidence, ... The main catalyst today was to back away from risk and try to buy a bit of stability.
appears bad news
For the most part it appears most of the bad news is out.
blue economy investors moment safety showing signs
For the moment it's a blue-chip gain, ... The economy is showing signs of improving, but techs are still lagging. So there's more safety for investors in blue chips.
closer cut fed hopes however interest might next relief
However as we come closer to the next Fed meeting, and hopes are that the Fed will cut interest rates, we might have a relief rally.
investors likely pull suspicious tried wool
Investors are likely to say, 'Aha! Merrill tried to pull the wool over our eyes,' ... It will make them even more suspicious and cautious.
based behind desire economy evidence feeling investors market money worst
Investors are being cautiously optimistic. There's a desire to put money back into the market based on a feeling that the worst of the economy may be behind us, ... However, there's not enough evidence of that.
continued corporate economy-and-economics investors looking saga
Investors are back to looking at the economy, corporate earnings, and unfortunately the continued saga of corporate shenanigans,
affect businesses clearly costs economy energy fact higher invisible tax
Higher energy costs will clearly affect individuals and businesses alike, ... It is in fact an invisible tax that the economy could well do without.
bring built caution continue corporate earnings likely magnet market money reports sidelines
A lot of money is built up on the sidelines and there's no magnet to bring that money into the market right now, ... As long as the corporate earnings reports continue to surface, there is likely to be caution out there.
appears blue chip cycle earnings interest likely lower money names prompt rate rates seeing terms
A lower interest rate cycle is under way and lower interest rates are likely to prompt more money into the markets, ... For now it appears to be a 'safety first' posture, so we're seeing money rotating into better blue chip names that are more predictable in terms of earnings flow.
among bargain blue chips contain hunting middle promise violence
You've got bargain hunting among the blue chips on the promise that the U.S. may be able to contain the violence in the Middle East,
center entering far headed recession trade
The economy, which had slowed down sharply before the World Trade Center attack, was not necessarily headed for a recession. After the attack, the probability of the U.S. entering a recession is far greater,
approach backdrop bargain economic hunters work
The economic backdrop in the U.S. is still attractive, prompting bargain hunters to go to work as we approach year-end.
lots market pulling stocks today
The market story today is essentially Cisco. It's pulling lots of other stocks down,