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Letter "P" » Peter Green Quotes
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«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.»
Author: Peter Green
«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.»
Author: Peter Green
«It was a pleasant surprise, what happened with the jobs report. People were relieved -- the change in non-farm payrolls was the standout.»
Author: Peter Green
«[I think] the market's going to lift a bit because we are so oversold. But there will be a decline going into Powell's speech, then, I think, it will rally during the speech.»
Author: Peter Green
«Today is a rotational shift into high tech and away from defensive sectors, which includes aerospace and defense.»
Author: 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.»
Author: Peter Green
«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.»
Author: Peter Green
«You've got the Dow transports crushed, gold is up, the insurers are down and the high techs are really tanking.»
Author: Peter Green
«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.»
Author: Peter Green
«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.»
Author: Peter Green
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