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...
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.
market oil price profit reverse seeing send strong taking
We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.
cautious good momentum seeing trading upside volume week
We're seeing some cautious trading right now, but the volume is decent, the momentum is on the upside and traditionally, this is a good week for the markets.
banking implement japan seeing wants
We're seeing more and more that Japan wants to implement banking reform. That's the key. That's very positive.
cautious events fed market markets seeing sort
We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.
basically bear beginning certainly drive emotions market means rather seeing simply stock strong tail
What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.
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.
begun data economic hikes quite rate seeing seen signs slow
Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy.
bear earnings economy eventually focus grip living lose market process reputation seeing september setting
I think what you're seeing is the process of the market setting a bottom. Obviously, September is living up to its reputation (for volatility), but I think the market will eventually lose its bear grip and focus on the economy and earnings going forward.
money people putting room rotation seeing selling tech
We are seeing a continuation of this rotation process, with people selling some of the big tech and other gainers of the year, and putting money in sectors that still have room to gain, namely, industrials, metals, anything commodity-related,
blue buying chips generally quarter seeing
At the end of the quarter you generally see some switching, so now we're seeing some institutions buying blue chips again.
basically decision fed reaction seeing window
The Fed decision was anticipated, so it's not having much of an effect. What we're seeing now is a reaction to the end of the quarter. It's basically window dressing.