Alan Ackerman
Alan Ackerman
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.
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.
appear continues economic economy economy-and-economics interest low positive president rates slowing trouble
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.
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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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.
decided fantasy flights high hike ongoing pressured rate reality return terms turn
We've had a decided turn from flights of fantasy to a return to reality in terms of valuations, ... They are pressured by high price-to-earnings ratios and ongoing (interest) rate hike concerns.
bring difficult events halt huge level parallel raise shock
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.
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.
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.
commit cross full investors money next prudent sadness until week
Next week will be very tense, full of sadness and recollections about Sept. 11 ... Prudent investors may not want to commit money until after we cross that date.
building buy confidence desire main negative psychology sale seeing street wall
Negative psychology is building and confidence is eroding, ... We're seeing the deterioration of the desire to buy -- everything is for sale from Main Street to Wall Street.