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...
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.
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.
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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,
coming consumers earnings economy economy-and-economics market people positive
That's positive for the market, because consumers feel the economy is going well. After yesterday's (Monday's) declines, people are coming back into the market and earnings are good.
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EBay came out with good numbers, but the outlook for the fourth quarter and next year wasn't so good, ... We're probably looking at a lower open, with a mixed trading session, as people respond to individual earnings and keep an eye on the price of oil.
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The two reports don't constitute a change of direction for the economy, but they are negative enough to make investors feel more cautious about the recovery.
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.
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A bear market is just the opposite of a bull market, when everything that's positive seems to turn into a negative and stocks continue to fall.
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Accelerating GDP growth certainly bodes well for future economic activity. And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
certainly defense economic future growth impact report spend starting though
Accelerating GDP growth certainly bodes well for future economic activity, ... And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.