Alan Ackerman
Alan Ackerman
earnings hanging hats investors next optimism
Earnings, by and large, are what investors are hanging their hats on, ... Some earnings improvements have prompted some optimism, but we'll know more about that next week.
appears completing market starting week
Essentially we're just completing a week where there appears to be some market stabilization starting to surface,
catalyst clearing market reaching rebound sure turn type
It will take some type of catalyst to turn this market. One can't be sure what that will be or when we will see it. Meanwhile, valuations are contracting significantly and my sense is that the market is reaching an oversold condition. Much of the market's rebound will have to do with clearing up some of the uncertainties.
affect buyers economy economy-and-economics higher technology
It's the higher multiples that have put off buyers for now, ... If the economy slows, it will affect technology stocks.
four looks market wants weeks
It looks like it's four (up) weeks in a row... The market wants to go higher.
quite sands strength taken took weakness
The sands have shifted, ... Wachovia's weakness took the strength out of the financials and Qualcomm has taken quite a hit.
appears bargain bit cheap continues hunting market sold
This market continues to go to extremes, ... Techs have sold down sharply. Now there's a bit of bargain hunting from what appears to be very cheap levels.
depress event further likely negative news shortage
There's been no shortage of negative news lately, and this event is likely to further depress the markets,
believe economy seems shaking signs
There seems to be those who believe that there are more and more signs that the economy is shaking off its slump,
highly interest looking lower psychology remains
The world is looking for lower interest rates. Clearly, the psychology world-wide remains highly nervous.
appears companies cut economic further great interest likely mean rates recovery reduction report road starting
The U.S. economic recovery appears to be further down the road than many expected, so another cut in interest rates is not likely to mean a great deal, ... What's more important is when companies report they're starting to see a reduction in inventories.
current earnings profit risk run taking
At current levels, we run the risk of profit taking and earnings disappointments.
rotation small
As we end the quarter, there is some rotation into small stocks,
coming concern corporate earnings election elections fact financial flow market outcome profit results strong weighed
It reaffirms the fact that it wasn't just the outcome of the election that weighed heavily on the market -- it's concern about corporate earnings and the more-than-frequent flow of profit warnings coming from some of the strong companies, ... Earnings disappointments are overpowering the election results for now, particularly in the financial sector.