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...
consistent flow followed growth leaving market money period rotation slow stock tells
Many (tech and telecom stocks) are undervalued. If we have a period of slow growth followed by an acceleration in the economy, I think we could see money flow back, and the one thing that's been very consistent in this market is the rotation factor, ... It tells everyone money is not leaving the stock market.
began cloud however investors panic retail slowly
Many retail investors were in panic mode, however many of them slowly began to come back to the marketplace as the cloud of uncertainty began to lift.
explosive gas higher moving prices rally
We had a very explosive rally yesterday, and gas prices are moving a little higher this morning.
bed certainly fact fell market oil
The fact that oil fell out of bed is certainly propelling the market today,
energy gasoline good hike included leaves mark news past question three weeks
The CPI was good news but still leaves that question mark about energy prices. The gasoline hike of the past three weeks was not included in it.
capitol cautious continue data investors last major profits taking testimony until
We have here a cautious market, and it will continue to be cautious until we get through some major data and Greenspan's testimony on Capitol Hill. Also, investors were taking profits from last week's rally.
against below causing inventory market oil options running surprising technical
We did get surprising oil inventory data, but it's still below that $60 range. The market is running against options expirations, which are causing technical difficulty.
carnage certainly continued earnings feels finding help itself market nervous preparing state wait weight
What we're going through is a market finding itself in a very nervous state and is preparing itself for third-quarter earnings, ... As we wait for the earnings to come out, the market feels the weight of the continued carnage in 'new economy' stocks. Dell's announcement was certainly no help in reversing market psychology.
basically bear beginning certainly drive emotions market means rather seeing simply stock strong tail
What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.
home movements slight stocks technology
There are some slight movements in technology stocks with sporadic gains, but nothing to write home about,
august call chairman decision decline gave greenspan interest last latest quite reserve
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.
april mid until
I think from here up until about the mid part of April we're probably going to see 10,500 or 10,400 on the Dow,
consumers headed price release soon
I think long-terms are probably headed under 5-1/2 percent. When will that come? As soon as we get the release of the PPI and the consumers price index.