Alan Ackerman
Alan Ackerman
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The market next week is anybody's guess. World nations are watching the United States.
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The market itself turned around. Mood, momentum and money flow are still positive, ... is reacting to a sense of investors not wanting to miss the train.
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The market remains highly selective. People have to pick their spots,
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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,
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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.
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The market is sloppy and choppy. This is earnings season. We're going to have a mixed bag.
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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.
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The level of frustration for many traders has reached a point where many are just tossing stocks into the market and have decided not to play for now,
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I like two stocks, Apache and Ocean Energy. I don't own either of them. The firm doesn't make a market in any of them. We don't have an investment banking relationship, to the best of my knowledge, but I think both stocks have done well in the poor market, ... Apache is really building a pipeline of reserves. They drill in seven major countries. They're natural gas rich. They have held in this market and I think we can look for big earnings coming up over the next year or two.
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The housing starts did cast a shadow over the market, which currently has to contend with lots of short-term challenges,
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The market continues to suffer from lots of negative news,