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...
aggressive continues economy economy-and-economics fed grow interest investors job market numbers obvious offering perhaps raising relief
It is obvious that the economy continues to grow and that the job market is growing. Today's numbers are offering investors a sense of relief that perhaps the Fed may not have to be too aggressive in raising interest rates.
beginning economy eventually fed sidelines signs
I think there are some signs out there that the economy is beginning to slow. That's going to keep the Fed on the sidelines at least through May and it's also eventually working its way into the markets.
higher interest last market stocks ugly week
Last week, we encountered an ugly week for stocks as the market discounted higher interest rates,
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.
bush faced gave hurt market problems surprise
We had a little surprise with the Bush announcement right away and that gave us a little hope, but the market is still faced with all the same problems that have hurt us for weeks,
gains near nice
We've made some nice gains for the year, and now we're consolidating near the highs,
april mid until
I think from here up until about the mid part of April we're probably going to see 10,500 or 10,400 on the Dow,
consumers headed price release soon
I think long-terms are probably headed under 5-1/2 percent. When will that come? As soon as we get the release of the PPI and the consumers price index.
consumers headed price release soon
I think long-terms are probably headed under 5-1/2 percent, ... When will that come? As soon as we get the release of the PPI and the consumers price index.
wait
I think they're going to take a wait and see attitude.
above absence economic market move oil took wind
M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.
caused factors good including led market negatives news oil ordinarily positive price today totally weighed
There are so many positive factors that led to today's rally. Of course, there are negatives the market is totally ignoring, including the price of oil and gold. Ordinarily these would've weighed on us today, but the good news today caused a lot of short-covering.
bit market percent sell surprised
I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.
fed focus looks main minutes overseas sideways start strength strong suspect trading until
I suspect the main focus of the day will be the Fed minutes. It looks like we'll get a strong start on the strength in overseas markets, but we'll probably be trading sideways until the minutes are released.