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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We have some technology stocks moving higher and the large amounts of cash sitting on the sidelines will be coming back into the market. These are just relief rallies with investors trying to pick up bargains.
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What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.
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The rebound is due to many of the sectors moving higher and a big portion of this rise is due to Hewlett-Packard (on the Dow). What the market is telling us is, this morning we panicked but this is probably just an isolated situation and a temporary situation for Intel.
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We had a very explosive rally yesterday, and gas prices are moving a little higher this morning.
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With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.
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This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.
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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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The lower oil prices go, the higher we may see the stock indexes moving this afternoon.
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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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I think we'll see a mixed week -- probably a little bit toward the upside -- but a lot depends on the price of oil. If oil stabilizes around here we could inch a bit higher. If it backs down to the low $60s and stabilizes, then the market might rally.
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I think we'll see a higher market in 1998, ... The economy is very sound. We've had inflation low, going lower, and we'll see disinflation rather than deflation.
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I think what we are experiencing here is a classic stampede of bulls in a long-term bull market,
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I think what happened yesterday and Monday was a wake-up call for investors,
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I think what you're seeing is the process of the market setting a bottom. Obviously, September is living up to its reputation (for volatility), but I think the market will eventually lose its bear grip and focus on the economy and earnings going forward.