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...
backup bond couple due extremely factors financial good inflation markets rather saw technical weeks
As long as there is no inflation this is extremely good for the financial markets and also for the bond market. What we saw a couple of weeks ago was a backup due to technical factors rather than any fundamental changes.
companies continue economy
As long as the economy doesn't go into a recession, I think these (smaller) companies will continue to outperform large-cap stocks,
bond collapsing dollar market positive sale technology weak weaker
You would think on a day when the bond market is very weak and the dollar is collapsing that technology would be weak. But, the weaker dollar is being interpreted as positive for the sale of technology abroad.
beating coming companies disasters group individual others particular reporting rut shows street
You see some individual companies reporting disasters while others are beating street expectations. So that's positive. That shows that the rut in that particular group is probably coming to an end.
next rally resume week window
The year-end rally should resume next week on window dressing.
ahead heavy light people volume waiting
There was some light profit-taking ahead of the (Easter and Passover) holidays. Volume is not that heavy and people are just waiting on the sidelines.
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.
begin consumer economy means pull simply soon spending supported
An undecided consumer simply means that he may soon begin to pull in his spending habits. Two-thirds of the economy is being supported by the consumer.
accumulate great investors looking morris philip safe stock time value
Any time Philip Morris ( MO ) comes into some pressure, I like to accumulate it. I think we're looking at a stock that has a lot of value here. I think for investors that want a safe bet, Philip Morris is a great buy.
lived rally short wrong
Any rally is going to be short lived because someone can say the wrong thing (about earnings).
due forever investors last market needs obvious quite remind result street wall
As a result of that, every now and then the market needs to remind investors that Wall Street is not a one way street, and things don't last forever and things don't go up forever. It is quite obvious that the Nasdaq was due for a correction.
breadth market
The breadth of the market is very negative.