Alan Ackerman Reports Quotations

We're still three-to-four weeks away from second-quarter earnings reports and there's nothing really to light a candle under stocks,

One can hardly ignore the strength or weakness of the earnings reports coming out nor can they ignore the slowing state of the U.S. economy.

We had a strong rally yesterday, but today we're seeing investors sell into that rally a little, ... We're in a trading market. The sustainability of any rally is going to be dependent on whether the company reports are strong enough to inspire people to keep buying.

A lot of money is built up on the sidelines and there's no magnet to bring that money into the market right now, ... As long as the corporate earnings reports continue to surface, there is likely to be caution out there.