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
cyclical gains lift movement names positive selling versus
On the Dow, you have gains in the more cyclical names versus more selling in Citigroup. You also have the Dow getting a lift from some positive short-term movement in the dollar,
kerry policies win
If Kerry were to win his policies would be more restrictive on business.
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The stock looks very attractive, and they have a potential cancer drug and a potential Alzheimer's drug,
bbc chemical iraq morning news people ready selling warfare
There's big fear. People are selling because they don't know what's going to happen. The news out of the BBC this morning that Iraq is getting ready for chemical warfare is a big part of it.
accustomed coming companies continue earnings everybody knew likely looks market people slight strong surprise
The companies have been coming through with the earnings, but everybody knew that. People have become accustomed to the earnings being good. There's no surprise element. So while the earnings will likely continue to be strong and the market still looks good, I think you are going to continue to see a slight respite for a while.
due follow market negative seems tired
It seems to me that the market is stabilizing, but the undertone is a negative one. After yesterday's advance, you'd think there would be some follow through. It seems to me the market is tired and due for a rest.
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The key is what happens tomorrow. How will people interpret what the Fed says? How will the dollar do? The dollar has been hanging in by default, but if it really starts to roll over, that would hurt stock prices.
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Interest rate fears are fully discounted now, which is why bonds are up today. That's why stocks are bouncing, why the utilities are rallying, regional bank groups are rallying. But I don't think the market is going to have much more lift here.
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The sentiment is changing. Airlines are bottoming, the 10-year note yield has bottomed, making it more attractive to be in stocks, and people are feeling more comfortable,
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It appears to me that fiber-optics and semiconductors have begun to make bottoms, ... Particularly in the semiconductor area, I think we're seeing very early stages of the fiber optic area.
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There's some worry that the economic growth won't be as strong as had been hoped and that's taking stocks lower, ... It's the combination of GDP not growing as fast as had been hoped, and the Dow Transports, which is a leading economic indicator, falling as well.
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.