Alan Ackerman
Alan Ackerman
earnings hands people terms
What's confounding most people out there is how do you get your hands around earnings, ... there's not that much out there in terms of earnings predictability.
august continued full headed month negative next seems september week
We go into next week with continued uncertainty and wall-to-wall worries. The month of August was full of negative surprises, and September seems to be headed in that direction.
decided fantasy flights high hike ongoing pressured rate reality return terms turn
We've had a decided turn from flights of fantasy to a return to reality in terms of valuations, ... They are pressured by high price-to-earnings ratios and ongoing (interest) rate hike concerns.
appear break continue current demand high market reason seem trading
There doesn't appear to be any reason why this market will break out of its current trading range. Inventories continue to be high and demand does not seem to be as high as it could be.
buyers came chance earlier fed last market news raise rates saw
This was the last chance for the Fed to raise rates in 1997. The market reacted earlier as if nothing would happen, and when the news came we saw some buyers but also some sellers going to work,
company ill investors itself puts
When a company reverses itself in this manner, it puts investors ill at ease,
both cut economy fed flowing help interest market money next rate seen tone worst
There is a better tone to the market and money is flowing back into both the Dow and the Nasdaq. Many think we've seen the worst and the next interest rate cut by the Fed (Federal Reserve) will help get the economy going.
august dull july
We had a dull July and August is duller still,
appear continues economic economy economy-and-economics interest low positive president rates slowing trouble
While the president may be in trouble, the U.S. economy does not appear to be in trouble as of now. We have a positive economic backdrop, with low inflation, low interest rates On balance, the American economy, while slowing down, continues to be strong.
hit market number shown spring taken
While the market has taken a big hit today, it's shown some spring back, ... It's a multifarious number of things all working at once.
company dependent inspire investors people rally reports seeing sell strong today trading whether
We had a strong rally yesterday, but today we're seeing investors sell into that rally a little, ... We're in a trading market. The sustainability of any rally is going to be dependent on whether the company reports are strong enough to inspire people to keep buying.
clearly correction remains whether
We are clearly in a consolidation, whether we are in a correction or not remains to be seen,
awful companies concern earnings met problem skepticism until whether
The real problem is that until we get through this earnings period, there's going to be an awful lot of skepticism out there about whether or not companies met their objective, and concern over the economy.
companies contracted drop market nasty negative period publicly room short year
With a market as nasty and negative as it is at the moment, there's little room for error. The Nasdaq has contracted very sharply in a short period of time. Its drop in a year is approximately 60 percent, but this is not representative of all companies that are publicly traded.