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...
economy higher inflation market rather
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.
aggressive coming cycle fact fed financial headed light market nearer nice phase rather stocks summer technology tells volume
I think the light volume on the market tells me that the market is in a consolidation phase and that we're headed for a nice summer rally. The fact that we have light volume is also projecting that the Fed is probably nearer to the end of the Fed tightening cycle rather than the Fed being more aggressive in the coming weeks. I think the technology stocks are going to come back strongly. And I think financial stocks are going to do well.
days economic interest investors looking mean news rather says strong
It's one of those days where investors are looking at the strong economic news for what it says about the economy, rather than what it could mean for interest rates.
backup bond couple due extremely factors financial good inflation markets rather saw technical weeks
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.
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.
breadth market
The breadth of the market is very negative.
holding indicate jury last pause week whether
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,
economic holding investors ivan market mixed news price recent
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.
await due economic investors news next session suspect
I suspect over the next session or two, we could see more selling, as investors await all the economic news due next week,
clarity iraq low sitting until venture volume
The low volume confirms that everyone is sitting on their hands. They don't want to venture until there is clarity on the Iraq situation.
change help
I think that if GE or Citigroup say something upbeat, that could help change the mood,
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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.
earnings market potential someday stocks
I like stocks that have potential earnings possibilities. Those are the ones that could someday be market leaders.