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...
beginning breadth decline extremely feeding market people programs second seeing sell
The breadth of the market is extremely negative. The decline is accelerating. It's feeding on itself. What we're seeing here is a combination of some sell programs and people beginning to have second thoughts.
bankers believe central contain economy global positive raise rates strong
This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
downs finally looks process today ups worst
The ups and downs today were part of the process of consolidation. We're finally stabilizing today and it looks like the worst is over.
anxiety chairman fed interest raise rate worse
This couldn't have come out at a worse time, because we have the new Fed chairman testifying tomorrow. It will raise anxiety over the Fed's interest rate outlook.
cut door interest open perhaps rate
This does open the door perhaps for an intra-meeting interest rate cut, ... We could see a cut over the weekend.
definitely helps rally
This definitely helps the continuation of the rally. From here, I see the continuation of this rally through the end of the year.
commitment fallout issues last negative offset related sentiment
After Mr. Bush's commitment last night, we could probably see some related issues in play that will offset any fallout from the negative sentiment we've had lately,
across dollar financial globe gold india markets pakistan pressure problems putting reflects situation weakness
Across the globe there are a lot of problems out there. Putting pressure on the markets is the situation between India and Pakistan , gold is up on that news. Also, weakness in the dollar reflects nervousness in the financial markets.
backed bond next oil prices ride several week
Oil prices have backed over $22 here. And I kind of think that this is what is probably going to give a bumpy ride for the next several week to the bond market.
enjoying influence means northeast oil prices shining sun weather
Oil prices are under $60, and the sun is shining here in New York, and so it means the Northeast is enjoying pretty comfortable weather and that's probably going to have an influence on oil prices today,
due higher hurricane market oil today trading
Oil is trading higher today due to the new hurricane fears. The big story of the week, which will be the market mover, is going to be the Fed.
great impact oil
Oil is having a great impact on stocks.
deeper earnings mood move next period remains reporting risk run selling week
The mood remains positive, but I think after the run you've seen, there is the risk as we move deeper into the earnings reporting period over the next week or so, that you have a little selling on the news.
approaches chasing key money stocks trouble
The money is still chasing stocks and that will continue. But I think the Nasdaq is having trouble as it approaches that key 2,100 level.