Alan Ackerman
Alan Ackerman
advertising certainly consumer dollars easy period playing positive retailers role spending tax watching
Most of the retailers are watching their advertising dollars very carefully. This is not going to be an easy period for retailers but it could be worse. Tax refunds are certainly playing some positive role in consumer spending patterns.
extreme position rotation signifies
I don't think it signifies very much. We're still in a position of extreme rotation in the markets.
among hopefully ibm inspired investors market news seemed stepped today value
IBM's announcement today hopefully is a harbinger of things to come. Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.
among hopefully ibm inspired investors market news seemed stepped today value
IBM's announcement today hopefully is a harbinger of things to come, ... Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.
capital economic market meaningful package responding shore soon stimulus
My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,
catalyst earnings expected further immediate market nervous people recovery trading turn
My sense is that an earnings recovery is further away than expected and there is no immediate catalyst to turn this market sharply higher. We could have a trading rally, but on balance, people are still nervous about the earnings outlook.
companies fact lots lowering money moved people tech
Lots of money has moved to the sidelines, ... People are not comfortable with the uncertainty ahead, made up of the fact that many of the tech companies keep lowering their guidance.
august difficult earnings enter markets september
September will be as difficult for the markets as August as we enter the earnings pre-announcement season,
far
So far today, we've had an uninspiring, choppy session,
basis believe clearly cut economists economy fed feeling fighting individual investors points pressure rates rather slower
My feeling is the Fed hasn't clearly indicated that it's fighting a slower economy rather than inflation. Economists and individual investors would like to see the Fed cut rates by 75 basis points and I do believe that would take some of the pressure off the consumer.
combined market solid tax
One more solid salvo from the Fed, combined with a tax cut, could be the combustible combination to get the market going.
coming earnings hardly ignore reports slowing state strength weakness
One can hardly ignore the strength or weakness of the earnings reports coming out nor can they ignore the slowing state of the U.S. economy.
buying current dust favorites settle suggestion
My current suggestion is to let the dust settle and look for buying opportunities, ... One of my favorites is Pfizer.
driving gone terrific
What's driving this is techs have gone from terrific to terrible,