Alan Ackerman
Alan Ackerman
appear bear beginning currently economy investors less longer realize series summer turn
We appear to be in a summer swoon in which investors are beginning to realize it's going to take a lot longer to turn the economy around than expected, and that we're currently going to have to bear through a series of pre-announcements that are less than comfortable,
based buy current highly lists optimism people progress seeing selective stocks strength technology worked
We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction, ... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process.
business current likely microsoft overall pill previous ruling
The Microsoft ruling is a pep pill for business overall because it indicates the current (White House) administration is likely to be more pro-business than the previous administration.
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.
current earnings profit risk run taking
At current levels, we run the risk of profit taking and earnings disappointments.
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.
cast contend currently housing lots shadow starts
The housing starts did cast a shadow over the market, which currently has to contend with lots of short-term challenges,
beginning economy matter next quarter recover
We're beginning to come out of a recession. It's now a matter of just how meaningfully the economy can recover over the next quarter or two,
consumer continued corporate economy slowing spending
There are continued uncertainties, ... The U.S. economy is slowing and commensurate with that is slowing consumer spending and corporate spending.
adventure balance capital corporate debt hardly lots money period sheets sidelines spending
We're in a period when capital spending has slowed to a waltz, corporate profitability is hardly visible, and balance sheets are just inundated with debt ? that's not a comfortable picture. Each day is a new adventure in the market. There's lots of money on the sidelines but no willingness to commit.
attention bit earnings focused left light week
We're in a light week that's light on news, light on earnings and light on volume, ... Most of the attention is focused on Cisco. The techs have been sprightly but they've left a bit to be desired.
candle earnings light reports weeks
We're still three-to-four weeks away from second-quarter earnings reports and there's nothing really to light a candle under stocks,
early few hold hope last market rally saw seen
We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here.
bullish ceos corporate fewer seem
There are fewer and fewer corporate CEOs who seem bullish on their own business.