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...
came claims expected flat labor looking market quite sales shows weaker
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.
among came carry division estimates good hovering investors lows market near next nice percent picking research stocks trading wireless
Investors should be out there, picking up some stocks that are trading near their lows or have bounced off their lows and I think that have good futures. And among them: AT&T ( T : Research , Estimates ) -- their wireless division came in on target, 25, 30 percent growth, and I think that's what is going to carry them. Stock is hovering around their lows here. I think it's a 'great buy.' And I think in the next market rally, that the stock will have a nice bounce.
came continue core fed good inflation market news raise rate react remains showing
Core rate came in better than market expected, showing that inflation remains tame, ... Good news and the market should react positively, but the Fed will continue to raise rates. A good report.
came earnings ebay eye fourth good individual looking lower mixed next outlook people price quarter respond trading year
EBay came out with good numbers, but the outlook for the fourth quarter and next year wasn't so good, ... We're probably looking at a lower open, with a mixed trading session, as people respond to individual earnings and keep an eye on the price of oil.
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.
impact
At these levels, the inflationary impact is not that great. But it could rise.
economy economy-and-economics fed good investors news realize starting strong
The good news is that we have a strong economy and there's no inflation, ... Investors are starting to realize the Fed may not need to be that aggressive.