Alan Ackerman
Alan Ackerman
fed interest investor meets money moving people rate starting until volume work
It's all about the Fed. It's all about interest rate jitters. It's all about a lot of money moving to the sidelines. And more importantly, we're starting to see investor paralysis. Volume is light. Not too many people want to put money to work until the Fed meets on the 28th,
advertising certainly consumer dollars easy period playing positive retailers role spending tax watching
Most of the retailers are watching their advertising dollars very carefully. This is not going to be an easy period for retailers but it could be worse. Tax refunds are certainly playing some positive role in consumer spending patterns.
appears bargain bit cheap continues hunting market sold
This market continues to go to extremes, ... Techs have sold down sharply. Now there's a bit of bargain hunting from what appears to be very cheap levels.
market nations next united watching week
The market next week is anybody's guess. World nations are watching the United States.
depress event further likely negative news shortage
There's been no shortage of negative news lately, and this event is likely to further depress the markets,
concern inflation market narrow stock traded
There's some concern that there is inflation in the pipeline, ... And with the dollar's weakness, the stock market traded in a narrow range.
current earnings profit risk run taking
At current levels, we run the risk of profit taking and earnings disappointments.
advice buying full highly hurting market people selective
I think people are hurting and we're in a market where there is more 'sell' advice than 'buy' advice. Buying is highly selective and still full of risk.
flow investors itself market miss momentum money reacting turned wanting
The market itself turned around. Mood, momentum and money flow are still positive, ... is reacting to a sense of investors not wanting to miss the train.
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,
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.
appears economy economy-and-economics profit warning
We have more profit warning jitters as the U.S. economy appears to be slowing,
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.
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.