Alan Ackerman
Alan Ackerman
buyers dependent energy feeling foreign higher imports moved oil prices quickly related stocks work
There's a feeling that oil prices will work higher still. The U.S. is more dependent on foreign imports than it has been in a while, and with oil prices on the rise, buyers moved quickly into oil stocks and energy related stocks,
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.
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.
concerned corporate evidence following happening improved market meaningful moves needs sharp since
Also, this market still needs the underpinning of improved corporate earnings. We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.
concerned corporate evidence following happening improved market meaningful moves needs sharp since
Also, this market still needs the underpinning of improved corporate earnings, ... We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.
attempting corporate earnings less looking managers market moved next portfolio quarter stocks terrific visibility
The market is attempting to stabilize after a terrific run, ... Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility of earnings over the next quarter or two.
cash continued despite downside earnings pressure public remains sector seems sidelines state street tech today wall
The public is in a semi-shocked state and cash remains on the sidelines on Wall Street despite everything being on sale, ... The main downside pressure seems to be continued earnings disappointments in the tech sector and we had downgrades today that were troublesome.
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.
bargain encouraged hunters livable
It was a livable number, ... It encouraged some bargain hunters to go to work.
aggression collapse deeply dig executive quick touched
Enron's quick collapse touched off more aggressiveness by regulators and prompted them to dig more deeply into executive dealings.
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,
filled halt might orderly rather trading
Even if a trading halt were put in, it might be 'something to do about nothing,' ... This is an orderly drop, rather than one filled with panic.
ahead cash doubt market moving players selling taking weekend
There's so much doubt out there ahead of this three-day weekend that many players are just selling into the market -- taking their cash and moving to the sidelines,