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...
data earnings economic expect force full later lower remain trading until
Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,
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.
expect fourth happens past quarter third
I still expect the third quarter to be respectable but that's a thing of the past. But what happens in the fourth quarter (is the question).
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.
basis course expecting market
Of course the market is expecting 25 basis points.
expects fed interested people raise
No one expects the Fed to raise rates, but people are interested to see what they say about the economy, particularly about employment.
expect gained last looking lower market open slightly time
We're looking at a slightly lower open as we see some consolidation. At the same time I don't expect the market to give up much of what it has gained over the last two days.
edge expect few good higher light likely market news next range remain rest toward trading volatile volume
Volume is likely to remain light the rest of this week, and I would expect the market to remain volatile Thursday, ... But there's good news out there, and over the next few weeks, I think we'll remain in this trading range but edge up toward the higher end of it.
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,
although bias expect neutral stay
I expect they will stay the line, although the possibility of going from a neutral to a tightening bias has increased.
market seeing trying typical
What we're seeing is typical of a market that is trying to make a bottom, but we're not necessarily there yet.
becoming data develop economic enthusiasm feeding future growth investors late profit saw seeing tomorrow yesterday
What we're seeing here is investors becoming increasingly nervous, awaiting the economic data tomorrow (Thursday). Profit warnings and future growth (concerns) are overshadowing the enthusiasm that we saw develop late yesterday -- it's a feeding process.
assess data earnings economic later market moving seeing waiting week
What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.
aftermath creates economy higher market moves oil price shaking strength territory time worries
What's shaking the market is oil and the aftermath of the hurricane, ... Every time the price of oil moves into new, higher territory that creates worries about the strength of the economy going forward.