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Alan Ackerman  Quotes
There’s been no shortage of negative news lately, and this event is likely to further depress the markets,

—Alan Ackerman

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News
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It’s not necessarily a sign of good things to come. But it’s a rally from a deeply oversold condition so it raises hopes that there may be some follow through, … We’re not yet in...

—Alan Ackerman

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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.

—Alan Ackerman

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Money
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The real problem is that until we get through this earnings period, there’s going to be an awful lot of skepticism out there about whether or not companies met their objective, and concern over the...

—Alan Ackerman

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We’re seeing strength in technology and current optimism is based upon inventories worked down — even Motorola indicated they’re making progress in that direction, … Techs are doing well and people will be combing their...

—Alan Ackerman

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Some sense a climax lies ahead, and others think we’re getting close to the bottom,

—Alan Ackerman

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Lies And Lying
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Investors feel uncomfortable about the visibility ahead.

—Alan Ackerman

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However as we come closer to the next Fed meeting, and hopes are that the Fed will cut interest rates, we might have a relief rally.

—Alan Ackerman

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Greenspan’s comments did little to build confidence, … The main catalyst today was to back away from risk and try to buy a bit of stability.

—Alan Ackerman

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We appear to be in a summer swoon in which investors are beginning to realize it’s going to take a lot longer to turn the economy around than expected, and that we’re currently going to...

—Alan Ackerman

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Beginning
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Selectivity is likely to be the key of the market. Seasoned players are looking for more value opportunities now. They’re looking for stocks that missed the rally.

—Alan Ackerman

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Value
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I think it’s a constructive move. He’s an experienced hand who is clearly effective in dealing with bright, energized thinkers. I don’t expect the Senate to have many problems with this nomination.

—Alan Ackerman

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The market continues to suffer from lots of negative news,

—Alan Ackerman

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News
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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.

—Alan Ackerman

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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...

—Alan Ackerman

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