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...
ahead heavy light people volume waiting
There was some light profit-taking ahead of the (Easter and Passover) holidays. Volume is not that heavy and people are just waiting on the sidelines.
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.
market
This market just won't give up some old habits.
added along economy-and-economics line market recovery somewhere stimulus
This market is grossly oversold. There has been a lot of stimulus added to the economy, so somewhere along the line a recovery will take place.
bond collapsing dollar market positive sale technology weak weaker
You would think on a day when the bond market is very weak and the dollar is collapsing that technology would be weak. But, the weaker dollar is being interpreted as positive for the sale of technology abroad.
beating coming companies disasters group individual others particular reporting rut shows street
You see some individual companies reporting disasters while others are beating street expectations. So that's positive. That shows that the rut in that particular group is probably coming to an end.
bankers believe central contain economy global positive raise rates strong
This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
commitment fallout issues last negative offset related sentiment
After Mr. Bush's commitment last night, we could probably see some related issues in play that will offset any fallout from the negative sentiment we've had lately,
across dollar financial globe gold india markets pakistan pressure problems putting reflects situation weakness
Across the globe there are a lot of problems out there. Putting pressure on the markets is the situation between India and Pakistan , gold is up on that news. Also, weakness in the dollar reflects nervousness in the financial markets.
backed bond next oil prices ride several week
Oil prices have backed over $22 here. And I kind of think that this is what is probably going to give a bumpy ride for the next several week to the bond market.
enjoying influence means northeast oil prices shining sun weather
Oil prices are under $60, and the sun is shining here in New York, and so it means the Northeast is enjoying pretty comfortable weather and that's probably going to have an influence on oil prices today,
due higher hurricane market oil today trading
Oil is trading higher today due to the new hurricane fears. The big story of the week, which will be the market mover, is going to be the Fed.
great impact oil
Oil is having a great impact on stocks.
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.