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...
ease opening supply
Every day a refinery is opening up and that will ease some of the supply problems.
impact
At these levels, the inflationary impact is not that great. But it could rise.
came continue core fed good inflation market news raise rate react remains showing
Core rate came in better than market expected, showing that inflation remains tame, ... Good news and the market should react positively, but the Fed will continue to raise rates. A good report.
raised technical yesterday
Very well managed, ... I just yesterday raised it to a 'strong technical buy.'
clinton decline partly question sharp
Today's sharp decline is partly from the Clinton problem, there's no question about that at this point.
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There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.
cash coming higher investors large moving pick relief sidelines sitting stocks technology trying
We have some technology stocks moving higher and the large amounts of cash sitting on the sidelines will be coming back into the market. These are just relief rallies with investors trying to pick up bargains.
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We had a little surprise with the Bush announcement right away and that gave us a little hope, but the market is still faced with all the same problems that have hurt us for weeks,
gains near nice
We've made some nice gains for the year, and now we're consolidating near the highs,
cap good news putting
That's what is putting a cap on the good news in the market.
closing market perhaps record register sort surprised
I would not be surprised to see this market register a new high, perhaps closing at a new record high. But then we'll probably see some sort of a pullback.
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My best guess is the American market is going to fool all of us and is going to perform better than most of us expected,
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I think Mr. (Federal Reserve Chairman Alan) Greenspan is partially responsible for the latest decline in the market, because in his last testimony, he said something that was quite important, and I think he gave a wake-up call to the market. He said that they were - they had not made a decision yet about the August interest rates.
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It doesn't surprise me. We all know the House is going to vote to impeach the President. The fact is that economic times here in the United States are still quite good.