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...
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what happened was a good thing. It created new opportunities. I found very little panic among small investors.
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We are bracing for a weaker opening with a slew of data being released, ... Consumer confidence, inflation and of course, oil, will remain key indicators for the stock market.
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Today's sharp decline is partly from the Clinton problem, there's no question about that at this point.
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We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,
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The recent rally is being supported today by the strong economic numbers, which indicate that the economy is growing at a faster clip,
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There is so much negative news out there right now. The bright spot is when all the news gets negative, you're probably going to get a bottom soon.
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We're looking at a flat open. Same-store sales came in a little weaker than expected and the jobless claims shows the labor market is quite tight.
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UAL is certainly a negative for the market, but the news wasn't entirely unexpected. You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.
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If things go well with a military strike, the market gives it a seal of approval and moves upward.
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Mr. Greenspan's comments support equity gains, ... And investors may have turned around their view of Intel.
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Mr. Greenspan may have just given us some time here. I think within the next 10 to 12 days this market is probably going to consolidate and stay with a 300-400 point range. ... When we get another interest rate cut, then the market can sail above that 9,000 level.
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Mr. Greenspan didn't say anything new but his comments were one of the reasons we saw this early spurt take the market up and wane in the afternoon. But when it's all said and done, what the market is really grasping for here is some really good earnings in technology stocks.
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Mr. Greenspan certainly left the door open about a possible hike. That whole testimony yesterday (Tuesday), while it relieved the market a bit, is being scrutinized today.
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One of the three things worrying the markets for weeks -- namely, interest rates -- has diminished, today, ... But the geopolitical incidents and higher oil prices -- which are connected -- have sent a chill through global markets, creating this buyer's strike, and we're following suit.