Alan Ackerman
Alan Ackerman
anthrax anxiety cuts earnings economic federal further imminent increased market package period poor providing reserve stimulus weathered
The market has weathered a poor earnings period and increased anthrax anxiety and has come out of it pretty well. I'm encouraged. The imminent economic stimulus package and Federal Reserve cuts are providing further encouragement,
bit few generally last market patient
The market has done well in the last few weeks, ... Generally speaking, the market is a bit overbought. We just have to be patient and let the market give back some of its gains.
earnings market mixed sloppy
The market is sloppy and choppy. This is earnings season. We're going to have a mixed bag.
attempting corporate earnings less looking managers market moved next portfolio quarter stocks terrific visibility
The market is attempting to stabilize after a terrific run, ... Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility of earnings over the next quarter or two.
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.
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,
cast contend currently housing lots shadow starts
The housing starts did cast a shadow over the market, which currently has to contend with lots of short-term challenges,
continues lots market negative suffer
The market continues to suffer from lots of negative news,