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,
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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.
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.
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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.
market markets pat stay tough vigilant
It's a pick-and-choose market here. My thought is that (the Fed) is going to stay pat and they're going to use some tough language. We're going to see a vigilant Fed, and that should keep the markets on the defensive.
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Markets are basically in a holding pattern. We had some good economic numbers, but it's Friday ahead of a long Christmas weekend so people aren't going to make much a commitment.
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The markets for the next couple of days will focus on some economic data, until the chief weapons inspector returns.
along basically boat earnings heading markets sailing today warning
The Juniper (Networks) earnings warning (on Friday) along with some downgrades today (Monday) are basically navigating the markets lower. It's like sailing on a boat that's heading nowhere.
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As long as there is no inflation this is extremely good for the financial markets and also for the bond market. What we saw a couple of weeks ago was a backup due to technical factors rather than any fundamental changes.
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One of the three things worrying the markets for weeks -- namely, interest rates -- has diminished, today, ... But the geopolitical incidents and higher oil prices -- which are connected -- have sent a chill through global markets, creating this buyer's strike, and we're following suit.
breadth market
The breadth of the market is very negative.
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The jury has been out over the last week or so over whether they will indicate that they are going to pause and I think that's what's been holding back the markets.
telephone
I like American Telephone at 45 and 50,
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I think the market is holding up pretty well after the recent rally, ... The economic news was mixed today, and investors are eyeing Ivan and the price of oil.