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...
above beyond claims earnings expected fact positive
We had some positive earnings reports, but I think the fact that we had jobless claims that were above and beyond what was expected derailed some enthusiasm,
above days given greenspan interest market next point rate sail stay time within
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.
above absence economic market move oil took wind
M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.
above close coming continue economic fact last march reports several start until week
The fact that the Nasdaq breached 2000, an important psychological level, but managed to close above it several times now over the last week is a positive. But I think we're going to continue to see this consolidation for at least another week or so until more of the March economic reports start coming in.
above continue corporate earnings inflation interest quarter rates stay turn
Inflation will stay low. Interest rates will turn lower. Corporate earnings will continue to grow. And I think we can see the Dow by the first quarter of 1999 above 10,000.
above affecting anymore barrel earnings follow higher looks market oil playing price rate shoots weigh
The market is playing follow the leader. Oil is higher now but not affecting things, but if the price shoots above $75 a barrel it will weigh on us. It's not about earnings anymore and something has to give, and at this rate it looks like it may be equities.
activity driving economic factor focus market sign stronger suspect
When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.
due higher isolated market morning moving panicked portion rebound rise situation telling temporary
The rebound is due to many of the sectors moving higher and a big portion of this rise is due to Hewlett-Packard (on the Dow). What the market is telling us is, this morning we panicked but this is probably just an isolated situation and a temporary situation for Intel.
certainly deficit direction economy news points trade
This trade deficit news certainly points in the direction that the U.S. economy is slowing.
drop extension fairly sharp yesterday
We had a fairly sharp drop yesterday and this is an extension of that,
along average begin believe bought companies concern either exactly future good happening houses however levels line major mergers might perhaps saw somewhere stocks
We saw that in the brokerage houses with the consolidation and that's exactly what's happening in the telecommunications sector. And I believe however that there are those companies out there either through perhaps future mergers that will make it and two of them that I like for the long-term is AT&T and WorldCom, ... I think somewhere along the line they might be bought out by some major international concern but it think if you have those stocks it was good at these levels probably to begin to average out.
raised technical yesterday
Very well managed, ... I just yesterday raised it to a 'strong technical buy.'
earnings found investors looking money news reason sales
Earnings news has been discounted and investors are looking for a reason to take money off the table, ... Today, they found that reason in Microsoft's sales projections.
ease opening supply
Every day a refinery is opening up and that will ease some of the supply problems.