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...
data earnings economic expect force full later lower remain trading until
Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,
apply both economics economy global mechanism rules stock uncharted
We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.
continue economy economy-and-economics fact grow grows perception slowing toward turning
The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
case chips continue few good hold issues looking people specific stocks stories tech
There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
against below causing inventory market oil options running surprising technical
We did get surprising oil inventory data, but it's still below that $60 range. The market is running against options expirations, which are causing technical difficulty.
cautious events fed market markets seeing sort
We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.
concerns investors iranian keeping market nervous problems situation
I think the market here is in a very nervous state. You have geopolitical problems surrounding the Iranian situation heating up, and you have concerns about productivity, and that's keeping investors very cautious.
america concerns corporate earnings energy high looking market voice
I think the market is now looking at earnings, ... I think we'll probably see earnings come in pretty good, but I think the market is also anticipating that corporate America will voice concerns about high energy costs.
bank bankers central choke concern contain economic european federal global indication inflation reserve strong
Now you have the Bank of Japan, the European Central Bank and the Federal Reserve all with the same interest-rate policy, and that's very positive. It's a strong indication that global central bankers will contain inflation and not necessarily choke off economic activity, which has been a big concern here.
battered bought computer estimates forward group growth question research revenue technology winner
Dell Computer ( DELL : Research , Estimates ) is battered down here, revenue growth put into question as the whole technology group has been put into question but I think, you know, going forward that Dell will be a winner here and I think it should be bought at these levels.
rally santa
It's a Santa rally. It's the year-end rally I've been predicting.
rally technical
It's a technical rally from a very oversold condition.
bankers believe central contain economy global positive raise rates strong
This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
volatility
A lot of this volatility has to be attributed to the triple-witching.