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...
closing market perhaps record register sort surprised
I would not be surprised to see this market register a new high, perhaps closing at a new record high. But then we'll probably see some sort of a pullback.
convinced cyclical fed lack market needs raise rates serious stocks summer
In technology, it's just a lack of serious buying. The market needs to be convinced that the Fed will not raise (interest) rates for the remainder of the year. This is all part of the summer doldrums, but we see cyclical stocks doing a little better here.
badly beaten core happen investors looking news starting stocks
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.
earnings market potential someday stocks
I like stocks that have potential earnings possibilities. Those are the ones that could someday be market leaders.
woods
Clearly, we're not out of the woods yet.
drop entering excuse few next percent period recent reflection today
Cisco is the excuse today (Thursday) for the pullback, but we're also entering a period of reflection after the recent rally. I think we could see a 3 to 4 percent drop over the next few sessions, before we get back on track.
continue given gold market move negative oil prices time turn
But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.
ahead confident earnings economic fed good higher include last market might news work
If there are any indications that this could be the last cut, the market might be disappointed -- but the good news would be that the Fed is confident we are in an economic rebound. In essence, the market could work its way higher because better economic times ahead would include better earnings performance.
continue earnings economy happens investors monitor picks
Investors will continue to monitor what happens in the economy because once the economy picks up, earnings will improve.
among came carry division estimates good hovering investors lows market near next nice percent picking research stocks trading wireless
Investors should be out there, picking up some stocks that are trading near their lows or have bounced off their lows and I think that have good futures. And among them: AT&T ( T : Research , Estimates ) -- their wireless division came in on target, 25, 30 percent growth, and I think that's what is going to carry them. Stock is hovering around their lows here. I think it's a 'great buy.' And I think in the next market rally, that the stock will have a nice bounce.
approach battered blue chips five focusing past six
In the past five to six weeks, blue chips got battered somewhat. As we approach the end of the quarter, now that they've come down in price, institutions are focusing on them again.
certainly inventory market move oil somewhat
Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report.
general market moves oil quite remains sentiment
General market sentiment remains quite positive, ... Of course, oil could be a spoiler if it moves higher.
telephone
I like American Telephone at 45 and 50,