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...
advance enthusiasm next returning seems
We have a lot to get through next week, but I think the advance can continue. There seems to be a lot of enthusiasm returning to the market.
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There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.
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A bear market is just the opposite of a bull market, when everything that's positive seems to turn into a negative and stocks continue to fall.
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If oil prices continue to rise and there's an escalation of the situation in the Middle East, the question would come up, are we headed for some type of OPEC embargo and where would that send prices. It seems like all of the negative news that possibly could be surrounding the oil market is at hand.
clear direction lacking market seems
The market is very much gripped by earnings' warnings. That's why the market seems to be lacking a clear direction on the upside.
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The market seems to be concentrating on the future rebuilding of the devastated area, and I think that's what's keeping the market from declining.
base looking market moving seems
This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.
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.
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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.
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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.
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Unless some real news comes out that could accelerate impeachment talks, it's probably already been discounted, ... Big deal, we're going to see the president get angry, say a few curse words.
comments effect likely limited unless
Unless he should say something really out of the ordinary, which is unlikely, I think his comments will likely have a limited effect on stocks,
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We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.