Peter Cardillo
Peter Cardillo
1972 Harlem mosque incident describes the April 14, 1972 shooting of a New York City Police Departmentofficer at the Nation of Islam Mosque No. 7 in Harlem, Manhattan, New York City. The officer responded to a fake 9-1-1 call, was shot and died six days later. The incident sparked political and public outcry about mishandling of the incident by the NYPD and the administration of Mayor John V. Lindsay...
heading low promising volume
The volume is low and that's going to make it volatile, but I think things look promising heading into the new year.
clear gain hopes improved recovery sentiment starting
It's clear (from the rally) that sentiment has improved on hopes that this second-half recovery is starting to gain momentum.
across fall leading oil prices rally shift stocks strong tech
It's a very strong rally and it's right across the board, with tech stocks leading the way, ... Clearly, the fall in oil prices sparked this, but it's also a short-term shift in sentiment.
bounce relief technical welcome
It's a welcome technical bounce and a relief for the markets.
await caution cautious continue earnings economic key next number reporting start week
It's a cautious day at the end of an up quarter, ... I think we'll continue to see caution next week as we await the start of the third-quarter earnings reporting season, and look at some of the key economic numbers, particularly the unemployment number Friday.
aggressive business busy core data earnings economic exceed fear fed market numbers plenty producer retail sector tap technology terms three trade week
It's a busy week in terms if earnings with three sectors of the technology sector reporting. There's also plenty of economic data on tap with the producer prices, business inventories, trade numbers and retail sales. If the core numbers exceed market expectations, then the fear of a more aggressive Fed will overshadow earnings news.
bit melt
Its a bit of a Nasdaq melt down here,
add analyze era good major market might stock
It might add to some short-term weakness, but it's not going to have any major effect. When you really analyze it, we had a good stock market in an era of gridlock.
market markets pat stay tough vigilant
It's a pick-and-choose market here. My thought is that (the Fed) is going to stay pat and they're going to use some tough language. We're going to see a vigilant Fed, and that should keep the markets on the defensive.
bit coming divergent led meaningful money rally sidelines tech
It's a little bit of a divergent market. There's some money on the sidelines coming into the tech stocks, and any meaningful rally from here will probably be led by the tech group.
continue economy economy-and-economics fact grow grows perception slowing toward turning
The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
bed certainly fact fell market oil
The fact that oil fell out of bed is certainly propelling the market today,
energy gasoline good hike included leaves mark news past question three weeks
The CPI was good news but still leaves that question mark about energy prices. The gasoline hike of the past three weeks was not included in it.
explosive gas higher moving prices rally
We had a very explosive rally yesterday, and gas prices are moving a little higher this morning.