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...
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.
money people starting stocks
For many months, the 'old economy' stocks were out of favor, but now people are starting to take some money off the (technology stock) table.
bond looking market shoulder stay tail tight trading
It's the tail end of the month, so the market is probably going to stay in a tight trading range, looking over the shoulder of the bond pit.
days economic interest investors looking mean news rather says strong
It's one of those days where investors are looking at the strong economic news for what it says about the economy, rather than what it could mean for interest rates.
consumer job looks losing spending though worried
It looks as though the consumer isn't too worried about losing his job or spending his money.
ahead downside flowing industrial money seeing stocks tech volatility
There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.
market
This market just won't give up some old habits.
added along economy-and-economics line market recovery somewhere stimulus
This market is grossly oversold. There has been a lot of stimulus added to the economy, so somewhere along the line a recovery will take place.
cheap internet joining looking names recently result side stock
They recently got on to the Internet side of things, ... And as a result of that, I think we're going to see some pretty big names joining in with them and I think the stock is real cheap here. I'm looking for about $15 to $20 by year's end.
continues erosion feed technical
There's been a technical erosion and it continues to feed off of itself,
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.