The market is strong, but we're a bit overbought and some complacency has set in,
More Quotes from Peter Green:
How people feel determines where stocks go. It's a simplistic thing, but it's true. The volume is good, and you've got a nice bounce today, but the main thing is that stocks are reacting positively now, even when there is negative news.Peter Green
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.
Peter Green
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.
Peter Green
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.
Peter Green
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.
Peter Green
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.
Peter Green
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Based on Keywords: overboughtIf I do not return to the pulpit this weekend, millions of people will go to hell.
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