178 ordspråk av Alan Ackerman
Alan Ackerman
The market next week is anybody's guess. World nations are watching the United States.
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The market remains highly selective. People have to pick their spots,
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The market story today is essentially Cisco. It's pulling lots of other stocks down,
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The Microsoft ruling is a pep pill for business overall because it indicates the current (White House) administration is likely to be more pro-business than the previous administration.
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The Nasdaq appears to be probing for a bottom, ... The more erratic the Nasdaq is, the more attractive the old economy stocks appear to be for investors who want to be risk averse.
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The promise of a cut in interest rates before the year's end is a safety net under the market.
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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.
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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 economy.
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The sands have shifted, ... Wachovia's weakness took the strength out of the financials and Qualcomm has taken quite a hit.
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The sooner the better,
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The tech news exacerbates an already negative feeling,
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The tech news exacerbates an already negative feeling.
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The tug-of-war continues between those who believe that the market may have bottomed out and those who believe this market rally may be short-lived,
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The U.S. economic recovery appears to be further down the road than many expected, so another cut in interest rates is not likely to mean a great deal, ... What's more important is when companies report they're starting to see a reduction in inventories.
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The world is looking for lower interest rates. Clearly, the psychology world-wide remains highly nervous.
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