Alan Ackerman
Alan Ackerman
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.
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Warren Buffett has shown the ability to endure. He hasn't lost his touch.
company ill investors itself puts
When a company reverses itself in this manner, it puts investors ill at ease,
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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,
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.
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,
driving gone terrific
What's driving this is techs have gone from terrific to terrible,
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.
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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.
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Events like this bring things to a halt and raise a level of shock that is difficult to describe, ... This is a huge catastrophe and it's one that has no parallel in history.
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Earnings warnings continue to dent confidence and the price of individual issues, ... This is a market that's nasty and negative. It's difficult to divine if we're reaching a bottom or not.
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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.
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.