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...
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It's been a roller coaster ride, sort of a precautionary move on the part of investors before we get these key earnings. I'm not a bit worried. This market is going to move higher.
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I think it's not a question of real sellers right now, than of people sitting on the sidelines,
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Long-term, the stock is a buy, ... It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks.
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Long-term, the stock is a buy. It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks.
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The market is trying to rally again and that's encouraging. But whether yesterday (Wednesday) was really the big capitulation day remains to be seen. The market is probably going to drift in the next week or so as it finds its footing after the run-up.
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The market is once again staying within the broader trading range, ... and in this case rotating out of commodity and related issues and buying tech and others that are perceived as being better values right now.
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It's a busy week in terms if earnings with three sectors of the technology sector reporting. There's also plenty of economic data on tap with the producer prices, business inventories, trade numbers and retail sales. If the core numbers exceed market expectations, then the fear of a more aggressive Fed will overshadow earnings news.
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Two safe bets, ... And I think during the market pullback both of them will probably be safe bets, especially Philip Morris.
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I do not buy this theory that, you know, the market is going to continue to move higher without the participation of the smaller cap stocks. It's just not in the cards.
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Obviously the Dow is being helped by the strength in Philip Morris, along with Microsoft and Intel. It's an 'old economy'-'new economy' rally. But volume is not all that great, so obviously the market will continue to guess what the Fed will or will not do.
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It's clear (from the rally) that sentiment has improved on hopes that this second-half recovery is starting to gain momentum.
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Mr. Greenspan may have just given us some time here. I think within the next 10 to 12 days this market is probably going to consolidate and stay with a 300-400 point range. ... When we get another interest rate cut, then the market can sail above that 9,000 level.
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The market is obviously going to eye energy prices. Oil's come down a bit, but gas prices are moving a bit higher.
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My best guess is the American market is going to fool all of us and is going to perform better than most of us expected,