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...
absence bottom close continues itself market result stages work
I don't think we're close to a bottom yet. There's just an absence of buyers, and as a result the market continues to work itself lower. But having said that, when it stages a turnaround, it will be quick, vivacious and violent.
although bias expect neutral stay
I expect they will stay the line, although the possibility of going from a neutral to a tightening bias has increased.
fed labor reason revision unit
If we see any upward revision (in unit labor costs) that would give the Fed reason not to pause.
across rally
The rally was pretty much across the board.
economy economy-and-economics numbers
There aren't any (economic) numbers to say, 'Hey, the economy is slowing,' or 'Hey the economy is strengthening,'
fine help last might testimony tune
He might fine tune his testimony (of last week) and that could help the markets.
earnings economic market midst next suspect technical trade week within
We're in the midst of a technical correction, and I suspect for the next week or so we'll trade within this range. The market has already discounted a lot of the economic and earnings news.
basically below fact good higher lift living market oil opening overseas prices trading yield
Basically we had some good overseas trading. I think that is basically propelling us to a higher opening here. I just think the market is living with the fact that oil prices are trading around these levels, and it's getting a lift from the 10-year yield being below 4.60 percent.
basically earnings good technology
Basically we had a lot of good earnings in technology but we also have some warnings going forward.
apple basically computer earnings happens latest market reports responding waiting
Basically the market is responding to the latest earnings reports and waiting to see what happens with Apple Computer after the bell.
aggressive fearful fed interest market raising
Basically, the market is fearful now that the Fed may need to be more aggressive in raising interest rates.
basically continuing defensive market
Basically the market is continuing its defensive posture.
along announced army basically company contract labs line obviously raise recently side smallpox somewhere tiny vaccine
Basically, what they're working on here is a smallpox drug. As you know, the vaccine does have a lot of side effects. And this small, tiny basically New York-based company, with its labs out in Oregon, is working on this drug, ... And they just recently announced a contract from the Army -- $1.6 million. It's obviously speculative and somewhere along the line the company is going to have to raise money.
basically fed feeling future individual looking raise rest rotation stocks
Basically it's individual stocks outperforming the rest of the market. The feeling that the Fed is not going to raise is infiltrating the whole marketplace and what we're now looking at is future earnings, but we're still in that rotation mode.