Peter Greene Trading Quotations

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.

The rally is clearly influenced by the ISM number. While the market looks good today, we are also getting near the upper end of the trading range, and that's something to look out for.

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.

The market is negative short-term. We are locked in a trading range until the next Fed meeting.