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...
bit bright conditions expected few follow friday market mixed responds saw stocks tries
We have a very mixed situation. There are a few bright spots, but it's a bit disappointing that there hasn't been a follow through from what we saw Friday (with stocks rising). However, that is to be expected as the market responds to oversold conditions and tries to set a base.
bit coaster investors key market move roller sort
It's been a roller coaster ride, sort of a precautionary move on the part of investors before we get these key earnings. I'm not a bit worried. This market is going to move higher.
anxiety bit cycle fed higher hopefully indication propel stocks type watch
It's Fed watch day, so we're experiencing a bit of anxiety before the announcement. Of course, any indication that the Fed will end its tightening cycle could propel the stocks higher this afternoon. Hopefully we'll see an indication of some type of pause.
bit melt
Its a bit of a Nasdaq melt down here,
bit coming divergent led meaningful money rally sidelines tech
It's a little bit of a divergent market. There's some money on the sidelines coming into the tech stocks, and any meaningful rally from here will probably be led by the tech group.
bit bond confirm durable economy-and-economics goods housing last might obviously seeing signs starts tone
We are already seeing some signs of a slowdown in the economy. If durable goods confirm what housing starts voiced last week, then obviously we might see a little bit better tone in the bond market.
backs bit depends inch low market might mixed oil price toward upside week
I think we'll see a mixed week -- probably a little bit toward the upside -- but a lot depends on the price of oil. If oil stabilizes around here we could inch a bit higher. If it backs down to the low $60s and stabilizes, then the market might rally.
bit market percent sell surprised
I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.
activity bite continues economic fed levels oil question renew stay sustained
If oil continues to stay at these levels for a sustained period, it will bite into economic activity and renew inflationary pressure. That could put into question if and when the Fed will end its tightening cycle.
bit choice data economic excuse hold move people range rates sell steady top trading until using
The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.
bit energy eye gas market moving obviously prices
The market is obviously going to eye energy prices. Oil's come down a bit, but gas prices are moving a bit higher.
bit energy eye gas market moving obviously prices
The market is obviously going to eye energy prices, ... Oil's come down a bit, but gas prices are moving a bit higher.
bit earnings fact market nervous quite stems
The market is a bit nervous going into the OPEC meeting, but the real nervousness stems from the fact that we got some more earnings warnings which is making the market quite defensive.
consumer data inflation key opening remain stock weaker
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.