Alan Ackerman
Alan Ackerman
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.
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.
catalyst earnings expected further immediate market nervous people recovery trading turn
My sense is that an earnings recovery is further away than expected and there is no immediate catalyst to turn this market sharply higher. We could have a trading rally, but on balance, people are still nervous about the earnings outlook.
earnings hold likely looking market reasonably seeks stays tight trading week
It could well be another week of stabilization and consolidation as the market seeks to hold its own, ... We are likely to see some earnings disappointments. Conversely, we're also likely to see some earnings surprises. I'm looking for a market that stays in a reasonably tight trading side.
behind conviction rally trading
I think it's a trading rally from an oversold position, ... I don't think there's a lot of conviction behind it.
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.
company ill investors itself puts
When a company reverses itself in this manner, it puts investors ill at ease,
both cut economy fed flowing help interest market money next rate seen tone worst
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.
august continued full headed month negative next seems september week
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.