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...
clear gain hopes improved recovery sentiment starting
It's clear (from the rally) that sentiment has improved on hopes that this second-half recovery is starting to gain momentum.
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Accelerating GDP growth certainly bodes well for future economic activity. And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
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Accelerating GDP growth certainly bodes well for future economic activity, ... And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
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For many months, the 'old economy' stocks were out of favor, but now people are starting to take some money off the (technology stock) table.
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The good news is that we have a strong economy and there's no inflation, ... Investors are starting to realize the Fed may not need to be that aggressive.
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I just think they're very cheap. There's no core news for this to happen -- I just think a lot of these stocks have been badly beaten down and investors are starting to get around to looking at them.
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What we're seeing is typical of a market that is trying to make a bottom, but we're not necessarily there yet.
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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.
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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.
market prepare rebound second
We're into the second day of the quarter, and the market is technically signaling a short-term rebound as we prepare for tomorrow's unemployment report.