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...
downs finally looks process today ups worst
The ups and downs today were part of the process of consolidation. We're finally stabilizing today and it looks like the worst is over.
consumer job looks losing spending though worried
It looks as though the consumer isn't too worried about losing his job or spending his money.
earnings focus last looks quarter season strong stronger though totally window
We're at the end of the quarter so there is some window dressing. The focus is now totally on earnings, and this earnings season looks as though it will be strong if not stronger than last quarter.
fed focus looks main minutes overseas sideways start strength strong suspect trading until
I suspect the main focus of the day will be the Fed minutes. It looks like we'll get a strong start on the strength in overseas markets, but we'll probably be trading sideways until the minutes are released.
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.
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.
earnings market potential someday stocks
I like stocks that have potential earnings possibilities. Those are the ones that could someday be market leaders.
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.
likely stocks volatile wednesday
Stocks are likely to be volatile Wednesday and through the end of the week.
backup bullish due earnings economic linked obviously oil prices problems sentiment
The backup in oil prices due to intensifying geopolitical problems is obviously weighing and will overshadow any bullish sentiment that's linked to earnings or economic data.
activity continue economic economy fears fed growing healthy interest numbers raising rates retail sales sign takes
The retail sales are a real blow-out number. They show that economic activity is healthy but they will also ignite fears that the Fed will continue raising interest rates as it takes these numbers as a sign that the economy is still growing strongly.
retail sales
The retail sales are a real blow-out number.
basically changed economy economy-and-economics fall ready stock strong thoughts
Once everyone sifted through all the comments, the realization was that he hasn't changed his thoughts about the economy. He doesn't think the economy is ready to fall off a cliff, and that's basically a strong fundamental for the stock market.
correction looking
After that I'm looking for a correction of about 12 to 15 percent.