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...
case chips continue few good hold issues looking people specific stocks stories tech
There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
case chips continue few good hold issues looking people specific stocks stories tech
There are some good stories out there, and I think people are looking at them, ... You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
against below causing inventory market oil options running surprising technical
We did get surprising oil inventory data, but it's still below that $60 range. The market is running against options expirations, which are causing technical difficulty.
home movements slight stocks technology
There are some slight movements in technology stocks with sporadic gains, but nothing to write home about,
amount begin both build cash economy headed highs last markets money pick remain resistance soft technology test tremendous volume
I think volume is going to pick up to begin with and that the markets probably, by end of this week, are going to begin to get out of that resistance level, both the Nasdaq and Dow. And I think we're probably going to test the old highs by the end of year. Leadership, I think, will come from technology and telecommunications stocks. The economy is headed for a soft landing. All the fundamentals remain in place. And, last but not the least, there's been a tremendous amount of build up in cash reserves. That money is going to be put to use.
cash coming higher investors large moving pick relief sidelines sitting stocks technology trying
We have some technology stocks moving higher and the large amounts of cash sitting on the sidelines will be coming back into the market. These are just relief rallies with investors trying to pick up bargains.
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,
balances capital companies generate increase large likely optimistic strong technology tends
We are optimistic with the technology sector, ... Most of the large technology companies have strong balances and they are likely to increase capital expenditure, which in turn, tends to generate better results.
highs passing quite sentiment support technical year
It's quite encouraging. The sentiment is better and you've got the indexes passing the highs of the year and holding, so you've got some technical support as well.
raised technical yesterday
Very well managed, ... I just yesterday raised it to a 'strong technical buy.'
bit coming divergent led meaningful money rally sidelines tech
It's a little bit of a divergent market. There's some money on the sidelines coming into the tech stocks, and any meaningful rally from here will probably be led by the tech group.
ahead downside flowing industrial money seeing stocks tech volatility
There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.
continues erosion feed technical
There's been a technical erosion and it continues to feed off of itself,
rally technical
It's a technical rally from a very oversold condition.