Alan Ackerman
Alan Ackerman
concern fact overall overly picture remains ship tough turn
I think there's some concern with the fact that GE is a tough ship to turn around overnight, and that GE's overall picture still remains attractive, but not overly so,
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.
affect businesses clearly costs economy energy fact higher invisible tax
Higher energy costs will clearly affect individuals and businesses alike, ... It is in fact an invisible tax that the economy could well do without.
coming concern corporate earnings election elections fact financial flow market outcome profit results strong weighed
It reaffirms the fact that it wasn't just the outcome of the election that weighed heavily on the market -- it's concern about corporate earnings and the more-than-frequent flow of profit warnings coming from some of the strong companies, ... Earnings disappointments are overpowering the election results for now, particularly in the financial sector.
correction since type
I think we've been in a type of correction since mid-June.
appears chance gave investors lighten taking
It gave sellers a chance to lighten up a bit, ... On balance, this just appears to be investors taking a breather.
bad last week
Last week was a bad week for the market, and this week does not look to be more propitious,
ahead best concerned growth higher hurt interest people protect rates stocks themselves
People are concerned about higher interest rates ahead and they think the best way to protect themselves is to own growth stocks that may not be as hurt by higher rates,
bargain building buyer consumer hunters hurry level low market moment pull suffering trigger
While bargain hunters are going to work, the market is still suffering from a low level of consumer confidence, ... I'd be in no hurry to pull the trigger and be a buyer at the moment but I would be building a buy list.
carefully crude cut daily half indication likely million output watching
We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels,
appear aside caused commit funds investors market momentum retail slower step volatility worked
Retail investors appear to be slower to commit funds to the market this time, ... The market's momentum and volatility has caused some investors to step aside as the market has worked lower.
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.
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.
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.