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...
businesses city slowing spending strike terms time york
The end of the strike in New York City is, obviously, a positive. It was slowing things down in terms of businesses and spending in a very important time of the year.
core rate rise stocks upset
A hefty rise at the core rate would upset stocks investors.
favor good hot mixture portfolio sector strong tech
A good portfolio should be a mixture of sectors -- I don't see any one sector being hot again, ... I would favor more tech and telecom because when they do come back, they'll come back very strong because they got clobbered the most.
companies earnings major market obvious quite reported shake
The major companies have already reported and it's quite obvious that this market just can't shake the earnings syndrome.
holding indicate jury last pause week whether
The jury has been out over the last week or so over whether they will indicate that they are going to pause and I think that's what's been holding back the markets.
along basically boat earnings heading markets sailing today warning
The Juniper (Networks) earnings warning (on Friday) along with some downgrades today (Monday) are basically navigating the markets lower. It's like sailing on a boat that's heading nowhere.
fact key oil prices
The key is the fact that oil prices have skyrocketed,
fed inflation january key obviously pause ready reverse talk
The key is obviously inflation. A lot of inflation talk could reverse the thought that the Fed is ready to pause after the January meeting.
base looking market moving seems
This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.
bad itself market month nice rally setting sure trick worst
All in all, it's been a bad month for technology, but not so bad for other sectors. Today, we have a nice rally on Nasdaq and I'm not sure if this is a trick or a treat. I think it's not a trick because I think the worst is over and the market is setting itself up for a nice rally.
ahead bullish cautious continue data due economic europe growth looking mixed numbers pointing reading support trading
All in all, I think we're looking at a mixed reading in economic data but pointing to growth ahead. I think it'll continue to support a bullish atmosphere. Right now we're just looking at cautious trading ahead of the numbers and due to Europe being a little soft.
buy damage eight months six
The damage is done, ... So you want go buy for the rebound, which could be six to eight months away down the road.
continues market means move
The market continues to roar. Psychologically, it means a lot. It means the market will continue to move higher.
market moment paranoid psychology
The market at the moment is oversold, paranoid and the psychology is sick.