Peter Green Quotes (64 Quotes)


    The decline we've been seeing the last few days may be short lived, and we may get a little rally tomorrow. But beyond that, near-term we've seen the highs. The Nasdaq, which led the rally last year, is continuing to lag the broader market, which is a negative.

    You have a lot of things going on. The Dow Transportation average is putting a real damper on things, and Maytag's warning is hurting retailers, ... Talk of a delay for any potential conflict, let alone 45 days, is not helping stocks as it just increases the uncertainty.

    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.

    Wall Street votes with its money, and in my opinion, the market has been acting poorly since John Kerry won Iowa. If the unemployment picture is indeed improving, then that bodes well for George Bush's reelection campaign, and generally, Wall Street prefers that a Republican is in office.

    The confidence number is tomorrow's most significant report, but it's not extremely important, ... People are still refinancing and have money in their pockets, even with the job market struggling.


    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.

    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,

    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.

    G4 and IDGE target a coveted demographic that values interaction at every level, ... This new joint promotional venture is a prime example of how non-competing editorial entities can create dynamic content and creative synergies to increase audience reach.

    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.

    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.

    Lowe's was maybe a bit of a letdown this morning, and the other retailers and some of the homebuilding stocks are down. The Dow transportation average is also weak today, despite UAL's gains. There's really no new news today to push us too much in either direction. We've had a great run recently and a minor decline isn't so bad.

    People don't want to lose any more money, and selling begets selling, ... No one is giving any good guidance and it's a complete selling fest.

    Today is a rotational shift into high tech and away from defensive sectors, which includes aerospace and defense.

    I took one too many LSD trips. And that puts me in the Care and Attention category.

    You've got a lot of factors lifting stocks today, ... You've got all the tech upgrades, money flowing out of gold, oil and the bond market, and the ISM this morning was all-in-all pretty good.

    The economic numbers were on balance disappointing. You also have the dollar a lot weaker today because of the continued uncertainty with the international situation.

    The market is strong, but we're a bit overbought and some complacency has set in,

    I think the market is performing fine. We're due for a little rest and that's what you're seeing. We've had some nice days, but the volume is light, the dollar is a little weaker, and traders don't want to hold their positions ahead of the weekend.

    The stock looks very attractive, and they have a potential cancer drug and a potential Alzheimer's drug,

    Stocks are really feeling the brunt of the expectation of higher rates. The market is down not only because of the change in language in the Fed statement, but because the Fed was not clear about the timing of the rates, and the market wanted more certainty.

    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.

    War news is having a fingernail-biting impact generally. Right now, there's a sense of people not wanting to do much until the troops get to Baghdad, which could happen in the next day or two. But there's also the hope of some sort of diplomatic resolution before this situation becomes a runaway train. I don't think either side wants to see this prolonged.

    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.

    If Kerry were to win his policies would be more restrictive on business.

    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.

    The company, which has been a leader in the industry, failed to make a selling climax Wednesday, ... The stock went down sharply and almost closed up on the day. If a stock was to make a new low and then close higher on the day, in my opinion that would be a selling climax and be positive.

    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,

    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.

    It's testing the October 1998 low. So at this particular time it looks quite bullish to me in the long-term perspective,

    This is impressive, but the caveat is that this is the day after a holiday and not many people are in. You also have certain key sectors, like chips and the insurers, not participating. I think you need to see a few more days of this to determine whether today is a head fake or not.

    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.

    The rally is clearly influenced by the ISM number,

    It's a bit of a disappointment how we're trading today. It suggests to me that the market needs to do more backing and filling. We're not getting that type of follow-through you like to see. There just doesn't seem to be much conviction right now.

    Of the earnings this week, I'll be looking at GE. They're so broad-based in their business that what they have to say is going to be important.

    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.

    My suspicion is that we're near a near-term low. The reality is the majority of the selling short-term is over with -- the market doesn't want to go down.

    Sales were light and that's giving people a reason to take some money off the table after the great run we've had. SAP is hitting other tech sectors besides software because it's a high-tech bellwether that's being hit by something real.

    Short-term, what the market is taking from the GDP report is that inflation is higher, and there's less economic growth than we thought, and that's putting a crimp on things today.

    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.

    There's a perception that the economy is getting better, whether that perception is real or not. You have a lot of people choosing to see the glass as half full at the moment. But I would expect that in a few days we're going to see some profit taking. This is really just a big trading range.

    A lot of people made a lot of money in the last two days, but nothing much has changed. We're still facing layoffs and the threat of action in Afghanistan, ... This is still a market that is focused on good corporate events going forward, and right now, we're not really seeing any.

    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 opp

    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.

    It was a pleasant surprise, what happened with the jobs report. People were relieved -- the change in non-farm payrolls was the standout.

    It shows corporations are ready to raise prices. I see a short-term upside for the market that will last, maybe, into tomorrow.

    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.

    Greenspan's comments are obviously a big turnaround from what he said last year. But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise.

    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.

    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.


    More Peter Green Quotations (Based on Topics)


    People - Money & Wealth - Media & News - Sense & Perception - Sales - Gold - Selling - Change - Psychology - Economics - Balance - Fear - Disappointment - Morning - Time - Business & Commerce - Leading & Managing - Potential - War & Peace - View All Peter Green Quotations

    Related Authors


    Paula Abdul - Clay Aiken - Robbie Williams - Ravi Shankar - Phil Collins - Miles Davis - Michelle Branch - Lil Kim - Kid Rock - Christina Milian


Page 1 of 2 1 2

Authors (by First Name)

A - B - C - D - E - F - G - H - I - J - K - L - M
N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Other Inspiring Sections