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
due economic friday gain indicative kick market news people tendencies week
There's no economic news due Friday, no earnings, and not many people are going to be around. We could gain a little Friday if the seasonal tendencies kick in, but it won't be a significant move. I don't think this week is indicative of what's going on in the market generally.
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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.
happen next people positive question seriously today week
The question is, how seriously do we take what's going on today, considering the volume, and what's going to happen next week when people come back? ... I would take today as a positive with the caveat that not many people are here.
basically companies concluded couple cut discount fed investors last news next positive rally rate seeing starting weeks
The rally that we've had for the last couple of weeks was basically concluded this week. You're seeing investors starting to discount positive news from companies and a Fed rate cut next week,
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Stocks have priced in a lot of good news right now and you're seeing that in effect. Good news is bad news and bad news is bad news.
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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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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,
hard medication rarely
I'm on some medication - I don't know what it is - but it makes it hard to concentrate. I rarely feel like playing.
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.
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If Kerry were to win his policies would be more restrictive on business.
change happened jobs people pleasant relieved
It was a pleasant surprise, what happened with the jobs report. People were relieved -- the change in non-farm payrolls was the standout.
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Any time you can expand your brand portfolio, it creates a lot of opportunity at different channels of distribution, at different price points to attract consumers.
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What's happening today is very telling of where the market is right now. Typically, when there is negative news people tend to make 'flight-to-safety' moves into bonds and gold, but that isn't happening. That tells me that asset classes in the near term are very tired, and that we could see more of a pull back from here over the next few months.
bear certainly close either follow hikes likely low market near openings opinion overall psychology rally rate saw street strong tough wall witness
The opinion also on Wall Street is that more rate hikes are likely to follow this. And if that occurs, there's still uncertainty in the overall market and consequently it will be tough to get a big rally off the low, ... The market has certainly become tired. The psychology is that of a bear market. We get strong openings only to close either at the low of the day or near the low of the day. Witness what we saw on Friday. So on balance, yes, that psychology has changed.