Peter Greene
Peter Greene
Peter Greeneis an American character actor, generally known for playing villains. Peter lives in New York...
ProfessionMovie Actor
Date of Birth8 October 1965
CityMontclair, NJ
stock suspicion
My suspicion is the stock is not doing much now, it's not earth-shattering.
market people profits run wanting
As it stands, you have a continuation of some people wanting to take profits after the run this year. If the market is up this week, it's going to be muted.
declines economic exception labor opportunity overall reports seems trend
There's disappointment about the economic reports right now, but my sense is that this is going to be short-lived. The overall economic trend is higher, with the exception of the labor market, so it seems to me that declines are going to be used as an opportunity to buy.
impacts market near oil people prices raised rate recently relationship seeing seen stock stocks
The stock market is a discounting mechanism. Many people recently have seen their mortgages raised -- and many people have adjustable rate mortgages -- unfortunately they have been raised. Oil prices are at near highs. It impacts people's discretionary income. And I think we're seeing it in those stocks that would have a relationship to that discretionary income.
huge sell selling stocks theory
Obviously, these stocks have had a huge run-up. The theory is to sell on the news. That's what's occurring is you're selling on the news.
advance against groups natural opinion percent profit reason relative stands strength strong taking undergo
My opinion is it's only natural for the Nasdaq composite to undergo some profit taking after a 30-plus percent advance in two months. Also, many groups that have been very strong -- like the semiconductor group, the drug group -- these are up against relative strength resistance. So it stands to reason that they're going to be profit taking,
benefit companies global money people secure talking time
People have been talking for some time about large-cap stocks, and that's where the money is going today. They want to be in more secure companies that are going to benefit from global expansion.
concerned economy looks people psychology retail sales selling start sustain
Right now it looks pretty benign, with people selling a little after the retail sales numbers. Long-term I'm bullish, but I'm getting concerned in the short-term as to what is going to sustain the psychology if the economy doesn't start to show more of a pick-up.
catalyst cloud market
The market is still under a cloud right now. There's no real catalyst to take it higher.
ability brand combined gives product strong
Maytag is a very strong brand. It's had its challenges, but when combined under a new entity, it gives them the ability to differentiate its product offerings by brand and price.
breadth concerned minor period
This is a pause, a period of minor consolidation after a rally. I'd be more concerned if the breadth declined, but it's still pretty good.
above basis create creation currently fears hike interest job market number rate rather viewed
If new job creation is above 200,000 tomorrow, that would be viewed as very positive, but on the other hand, if the number is too high, that could create fears of an interest rate hike of 50 basis points, rather than the 25 the market is currently expecting.
earnings events good market people period seeing sell
People are comforted by Intel, but it's unsurprising that they had a good quarter, so you're seeing a little sell on the news, ... Market events get discounted more and more these days, and I think you're especially seeing that as we get into this period of digesting the earnings news.
dollar higher interest low mean people rally rates realizing stock weak
The 2003 rally was on low interest rates and a weak dollar. Now, that's changed. The dollar bottomed in February, and I think people are realizing what higher rates are going to mean for the stock market.