Alan Ackerman
Alan Ackerman
bottom confidence continue dent difficult divine earnings individual market nasty price reaching
Earnings warnings continue to dent confidence and the price of individual issues, ... This is a market that's nasty and negative. It's difficult to divine if we're reaching a bottom or not.
negative news tech
The tech news exacerbates an already negative feeling,
gone terrific
Techs have gone from terrific to tepid to terrible,
key likely looking missed players stocks value
Selectivity is likely to be the key of the market. Seasoned players are looking for more value opportunities now. They're looking for stocks that missed the rally.
ability lost shown warren
Warren Buffett has shown the ability to endure. He hasn't lost his touch.
almost worn
We're almost worn out with earnings. So many have surfaced of late.
appears economy economy-and-economics profit warning
We have more profit warning jitters as the U.S. economy appears to be slowing,
advice buying full highly hurting market people selective
I think people are hurting and we're in a market where there is more 'sell' advice than 'buy' advice. Buying is highly selective and still full of risk.
ceos concerned corporate course cycle earnings inability length next people predict several technology
I think people need to be concerned about the length of the technology cycle and the inability of most CEOs and analysts to predict the course of corporate earnings over the next several quarters.
bargain building buyer consumer hunters hurry level low market moment pull suffering trigger
While bargain hunters are going to work, the market is still suffering from a low level of consumer confidence, ... I'd be in no hurry to pull the trigger and be a buyer at the moment but I would be building a buy list.
carefully crude cut daily half indication likely million output watching
We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels,
gains likelihood market move next
I think gains in the market have outrun fundamentals. The move has been too much too soon. I see the likelihood of a pullback next week.
behind chains might moment orderly routine running stay strength tend time turnaround
I think for the moment the big chains are running like elephants. They tend to be behind the cheetahs and the panthers. I think they lumber along, and I think this is not necessarily the time to move. I think the turnaround isn't going to be as routine or orderly as you might expect. I'd want to stay with the strength right now.
earnings hold likely looking market reasonably seeks stays tight trading week
It could well be another week of stabilization and consolidation as the market seeks to hold its own, ... We are likely to see some earnings disappointments. Conversely, we're also likely to see some earnings surprises. I'm looking for a market that stays in a reasonably tight trading side.