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...
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,
bit choice data economic excuse hold move people range rates sell steady top trading until using
The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.
add buyers continue earnings energy euro fall feeds market sea selling trapped wall worry
Energy prices, earnings and the fall of the euro all continue to add to that wall of worry and the market is trapped here in a sea of uncertainty, ... There are no buyers and the selling just feeds on itself.
beginning breadth decline extremely feeding market people programs second seeing sell
The breadth of the market is extremely negative. The decline is accelerating. It's feeding on itself. What we're seeing here is a combination of some sell programs and people beginning to have second thoughts.
due earnings interest lower point rates selling slower view
The selling in financials is an anticipation of lower earnings due to a slower economy, ... From the point of view of interest rates not going up, it's positive.
deeper earnings mood move next period remains reporting risk run selling week
The mood remains positive, but I think after the run you've seen, there is the risk as we move deeper into the earnings reporting period over the next week or so, that you have a little selling on the news.
basically believe book classical company leader low points selling stock trading trying value
Here is a classical story of a stock that is trading under book value. AT&T, the same thing. I believe it is up 4 or 5 points from its low and basically trying to stabilize at these levels, when it is all said and done, it still probably will be the leader of the pack. Again, a company selling under book value,
bit market percent sell surprised
I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.
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.
accelerate curse few news president unless
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,