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...
backs bit depends inch low market might mixed oil price toward upside week
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.
above absence economic market move oil took wind
M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.
caused factors good including led market negatives news oil ordinarily positive price today totally weighed
There are so many positive factors that led to today's rally. Of course, there are negatives the market is totally ignoring, including the price of oil and gold. Ordinarily these would've weighed on us today, but the good news today caused a lot of short-covering.
along continue economic line negative oil prices rise somewhere
We can't continue to have oil prices rise without impacting prices and economic activity. Somewhere along the line it will have a negative impact.
continuing fact investor market oil prices stay trading
The fact that the market is continuing to stay at the upper end of the trading range, even with oil prices continuing to hover around their highs, is positive, it indicates investor confidence.
aftermath creates economy higher market moves oil price shaking strength territory time worries
What's shaking the market is oil and the aftermath of the hurricane, ... Every time the price of oil moves into new, higher territory that creates worries about the strength of the economy going forward.
market oil price profit reverse seeing send strong taking
We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.
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.
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.
ability action cap impact level news oil raise sending
Obviously, this is going to raise the level of speculation and fear. And the news may impact oil prices, sending them higher, which would cap equities.
chill connected creating following global higher incidents interest markets oil prices rates sent three weeks worrying
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.
contain damage days few hurricane increase less looking next obviously oil rally relief sent slightly
Obviously we're looking a relief rally here. The hurricane damage was less expected, and that has sent oil slightly lower. But in the next few days we'll see an increase in pre-earnings warnings that will in the short-term will contain the rally.