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
profits quick short stocks technical traders
I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling.
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,
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.
forward looking market next profits range trading until week
Next week may be a little more challenging. We're really looking forward now to third-quarter profits and the market could be in a trading range until then.
growth market profit slowing
The market is defensive. It indicates to us that we'll see a slowing of profit growth going forward.
buying morris people philip safe seeing seems selling sharp typical
We're seeing some typical selling after a sharp run-up. People are buying the safe names, like Philip Morris (MO: Research, Estimates) and Coca-Cola (KO: Research, Estimates), and selling anything that seems suspicious.
buying morris people philip safe seeing seems selling sharp typical
We're seeing some typical selling after a sharp run-up, ... People are buying the safe names, like Philip Morris (MO: Research, Estimates) and Coca-Cola (KO: Research, Estimates), and selling anything that seems suspicious.
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.
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.
company kinds microsoft seeing shares spill
Microsoft is the second-largest company in the world, so when its shares are seeing that kind of surge, it's going to spill over into all kinds of other companies.
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.
giving light mixed number retail sales sentiment today warning worrying
It's pretty mixed today (Friday) with light volume. The warning from Honeywell is very discouraging, as is the sentiment number, but then the retail sales number was fine, so that may be giving us a little buoyancy. We're also still worrying about Iraq.
airlines attractive feeling note people sentiment yield
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,
appliances business exciting major time watching
The new entrants into the major-appliance business are making this probably the most exciting time in major appliances in the 13 years that I've been watching it,