Alan Ackerman
Alan Ackerman
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.
four looks market wants weeks
It looks like it's four (up) weeks in a row... The market wants to go higher.
appears completing market starting week
Essentially we're just completing a week where there appears to be some market stabilization starting to surface,
ahead cash doubt market moving players selling taking weekend
There's so much doubt out there ahead of this three-day weekend that many players are just selling into the market -- taking their cash and moving to the sidelines,
affect again among created decided drop earlier either four market pain portfolio problem purge result saw stocks swings types walking week wide wounded
I think that the wide swings in the market created a lot of pain. We have a lot of walking wounded among portfolio holders. And many institutional types decided to purge problem stocks from their portfolios as a result of the drop we saw earlier in the week. We're really in a week this week that could go in either direction, and again those four variables, the four E's, could affect that.
bad last week
Last week was a bad week for the market, and this week does not look to be more propitious,
market nations next united watching week
The market next week is anybody's guess. World nations are watching the United States.
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.
concerned corporate evidence following happening improved market meaningful moves needs sharp since
Also, this market still needs the underpinning of improved corporate earnings. We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.
concerned corporate evidence following happening improved market meaningful moves needs sharp since
Also, this market still needs the underpinning of improved corporate earnings, ... We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.
banking best both building coming drill earnings either firm gas held investment major market natural next ocean pipeline poor seven stocks year
I like two stocks, Apache and Ocean Energy. I don't own either of them. The firm doesn't make a market in any of them. We don't have an investment banking relationship, to the best of my knowledge, but I think both stocks have done well in the poor market, ... Apache is really building a pipeline of reserves. They drill in seven major countries. They're natural gas rich. They have held in this market and I think we can look for big earnings coming up over the next year or two.
economy feeling good market plenty selling senses signs skeptics starting
I think the market senses something good going on. On the one hand, the feeling is that the economy is starting to show signs of improvement. But there are plenty of skeptics around who say that feeling may be a little premature, and they are selling on strength,
catalyst clearing market reaching rebound sure turn type
It will take some type of catalyst to turn this market. One can't be sure what that will be or when we will see it. Meanwhile, valuations are contracting significantly and my sense is that the market is reaching an oversold condition. Much of the market's rebound will have to do with clearing up some of the uncertainties.
helped reasonably today upbeat
That has helped the techs today (Wednesday), ... They have a reasonably upbeat forecast.