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...
advance enthusiasm next returning seems
We have a lot to get through next week, but I think the advance can continue. There seems to be a lot of enthusiasm returning to the market.
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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.
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There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.
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A bear market is just the opposite of a bull market, when everything that's positive seems to turn into a negative and stocks continue to fall.
base looking market moving seems
This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.
clear direction lacking market seems
The market is very much gripped by earnings' warnings. That's why the market seems to be lacking a clear direction on the upside.
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The market seems to be concentrating on the future rebuilding of the devastated area, and I think that's what's keeping the market from declining.
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Obviously the cell business is extremely hot in Europe and it's going to continue and it's going to grow in other parts of the world and I think a good supplier of that comes from Motorola ( MOT : Research , Estimates ) and again, the stock has absorbed a lot of negative news lately and it does seem to have made a bottom and it keeps bouncing off its lows. So that tells me that, you know, going forward things will change. We might encounter another quarter of bad news out of them but I think at these levels it should be bought.
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.
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.
bulls classic
I think what we are experiencing here is a classic stampede of bulls in a long-term bull market,
call happened monday yesterday
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.
begin believe managers market money next rally time window
I think by some time next week, the market will begin to rally again. I believe money managers will be aggressively window dressing.