Alan Ackerman
Alan Ackerman
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.
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,
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.
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.
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.
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,
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,
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.
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.