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...
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.
basically individual market rather stocks strike
Basically it's a buyers' strike and it's a market of individual stocks rather than the market as a whole.
fears fed investors number strong
If we get a strong number (Friday) it could rekindle fears of another Fed tightening and that will keep investors on the defensive.
approval gives market military moves seal
If things go well with a military strike, the market gives it a seal of approval and moves upward.
bad gone moments time
What you need to do is brace yourself. We've gone through bad moments before. This is not the first time and it won't be the last.
basically believe book classical company leader low points selling stock trading trying value
Here is a classical story of a stock that is trading under book value. AT&T, the same thing. I believe it is up 4 or 5 points from its low and basically trying to stabilize at these levels, when it is all said and done, it still probably will be the leader of the pack. Again, a company selling under book value,
continues dollar fed free half interest point raising rates respond
If the dollar continues to fall, and we end up in a free fall, at one point the Fed will have to be more aggressive, ... They may have to respond by raising interest rates by half a point.
ahead core fed focus good inflation market positive rate rise shows staying
If the CPI core rate shows not much of a rise then the market will be able to just focus on good earnings. It will show that the Fed is staying ahead of the inflation curve, which is a positive for the market.
fed pause surprise
If the Fed doesn't at least hint that a pause could be on the way, I think that would surprise the market.
asian corporate crisis means profits simply
If the Asian crisis deepens, that simply means that corporate profits are going to suffer.
continue embargo headed market middle negative news oil possibly prices question rise seems send situation type
If oil prices continue to rise and there's an escalation of the situation in the Middle East, the question would come up, are we headed for some type of OPEC embargo and where would that send prices. It seems like all of the negative news that possibly could be surrounding the oil market is at hand.
goes headed mean oil
If oil goes higher, it could mean we may be headed for a correction.
activity bite continues economic fed levels oil question renew stay sustained
If oil continues to stay at these levels for a sustained period, it will bite into economic activity and renew inflationary pressure. That could put into question if and when the Fed will end its tightening cycle.
corporate earnings economy economy-and-economics interest rate stays
From an interest rate standpoint, it's negative. On the other end, if the economy stays strong, corporate earnings will stay strong.