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...
bull investors learned market small
Small investors have learned their lesson: you just don't get out when there's a lot of volatility. I think this bull market has a long way to go.
among created found good happened panic small
what happened was a good thing. It created new opportunities. I found very little panic among small investors.
along announced army basically company contract labs line obviously raise recently side smallpox somewhere tiny vaccine
Basically, what they're working on here is a smallpox drug. As you know, the vaccine does have a lot of side effects. And this small, tiny basically New York-based company, with its labs out in Oregon, is working on this drug, ... And they just recently announced a contract from the Army -- $1.6 million. It's obviously speculative and somewhere along the line the company is going to have to raise money.
cap companies large looking market move people smaller stocks tremendous
Now that the market has made a tremendous upward move and the large cap stocks are at their highs, more people are looking at smaller companies for some better values.
buy cap continue higher market move smaller theory
I do not buy this theory that, you know, the market is going to continue to move higher without the participation of the smaller cap stocks. It's just not in the cards.
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.