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...
continue dormant forgotten good group move stay stocks
These stocks are the forgotten group -- they continue to stay dormant and move lower, but they actually become a good buy,
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.
based catch economic good higher lack market move news next solid struggling trading volume
Right now, there's just a lack of solid trading volume out there, so we're struggling to move higher based on the good news we have. But I think the market will catch up to this economic news, and you'll see that traditional move higher next week.
almost consumers equal sales
Sales ex-autos was almost equal to the top-line number, so consumers really are out there spending.
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People realize we have an employment number, and if it shows accelerating wage pressure, that would rekindle the fear that the Fed may have to raise (interest rates by half a percentage point),
bargains continue market people rally
People feel there are bargains out there. I think the market can continue to rally a little more.
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.
crisis east energy fearful further inflation level market means middle obviously prices reason strong
Energy prices are the reason for this. The crisis in the Middle East is obviously going to keep the price of energy at a strong level and that means this market is going to now be fearful of inflation exploding. We could be in for a further bumpy ride.
clinton decline partly question sharp
Today's sharp decline is partly from the Clinton problem, there's no question about that at this point.
financial market stocks
Of course, the whole market will be effected, but financial stocks in particular.
dollar gold hurting ignoring market somewhat
Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive.
although becoming earnings focus good less
Although we had good earnings from Caterpillar, earnings are becoming less of a focus.
volatility
A lot of this volatility has to be attributed to the triple-witching.
cap due flow funds inclined investors large market money pension toward types
A lot of today's market is due to the flow of money going into pension funds and money managers. These are the types of investors who are more inclined toward the large cap stocks.