151 Quotes by Alan Ackerman

IBM's announcement today hopefully is a harbinger of things to come. Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.

The jobs number was fuzzy, even though on balance it helped to perk up the market, ... Based on that number, the market is now factoring in that the economy is not weak enough for the Federal Reserve to cut interest rates in its Sept. 24 meeting.

IBM's announcement today hopefully is a harbinger of things to come, ... Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.

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.

I don't think it signifies very much. We're still in a position of extreme rotation in the markets.

The Fed has to set a leadership mode for the U.S. economy and the market will follow.

We may have bumped the bottom, but the question is, can we bounce back? Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.

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.

We may have bumped the bottom, but the question is, can we bounce back? ... Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.