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Alan Ackerman Quotes
«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.»
«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,»
«The housing starts did cast a shadow over the market, which currently has to contend with lots of short-term challenges,»
«This has been a Benny Goodman-type market, ... lots of swing, and it's very, very difficult to get a handle on long-term positioning when the market is moving up and down so rapidly.»
«This has been a Benny Goodman-type market,»
«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.»
«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.»
«There's some technology follow- through, ... Some feel that the Fed is chasing a genie that's not yet out of the bottle.»
«It was a livable number, ... It encouraged some bargain hunters to go to work.»
«I think people need to be concerned about the length of the technology cycle and the inability of most CEOs and analysts to predict the course of corporate earnings over the next several quarters.»