The market is under pressure because people are starting to think about what might happen if the economy doesn't recover. If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment. - Steve Previs Quotes
The market is under pressure because people are starting to think about what might happen if the economy doesn't recover. If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment. Steve Previs
 Economy

More - Steve Previs Quotes

This is just what the market doesn't need right now and will hurt investor confidence. - Steve Previs Quotes

This is just what the market doesn't need right now and will hurt investor confidence.

Steve Previs

 Confidence
The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night. - Steve Previs Quotes

The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.

Steve Previs

 
There are some disappointments in earnings and obviously Hewlett-Packard is a big one. - Steve Previs Quotes

There are some disappointments in earnings and obviously Hewlett-Packard is a big one.

Steve Previs

 
The market has been going straight up and this cannot be sustainable. I think we are close to reaching some kind of resistance levels. - Steve Previs Quotes

The market has been going straight up and this cannot be sustainable. I think we are close to reaching some kind of resistance levels.

Steve Previs

 
Although this is a key psychological level, the Dow Jones is a very narrow gauge and fundamentals are still weak. - Steve Previs Quotes

Although this is a key psychological level, the Dow Jones is a very narrow gauge and fundamentals are still weak.

Steve Previs

 
I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with. - Steve Previs Quotes

I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.

Steve Previs

 People
The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'. - Steve Previs Quotes

The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'.

Steve Previs

 Risk
It's one way of unlocking value on a lot of disparate businesses that somehow got glued together over the last 10 or 15 years. I think it'll be pretty good for shareholders. - Steve Previs Quotes

It's one way of unlocking value on a lot of disparate businesses that somehow got glued together over the last 10 or 15 years. I think it'll be pretty good for shareholders.

Steve Previs

 Value
It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today. - Steve Previs Quotes

It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today.

Steve Previs

 
It's been very quiet this morning. We have a lot of economic numbers out this week that people will be focusing on, and there is the Fed tomorrow. - Steve Previs Quotes

It's been very quiet this morning. We have a lot of economic numbers out this week that people will be focusing on, and there is the Fed tomorrow.

Steve Previs

 People
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