Peter Cardillo
![Peter Cardillo](/assets/img/authors/unknown.jpg)
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,
apply both economics economy global mechanism rules stock uncharted
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.
continue economy economy-and-economics fact grow grows perception slowing toward turning
The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
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.
against below causing inventory market oil options running surprising technical
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.
cautious events fed market markets seeing sort
We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.
backup bullish due earnings economic linked obviously oil prices problems sentiment
The backup in oil prices due to intensifying geopolitical problems is obviously weighing and will overshadow any bullish sentiment that's linked to earnings or economic data.
highs passing quite sentiment support technical year
It's quite encouraging. The sentiment is better and you've got the indexes passing the highs of the year and holding, so you've got some technical support as well.
general market moves oil quite remains sentiment
General market sentiment remains quite positive, ... Of course, oil could be a spoiler if it moves higher.
commitment fallout issues last negative offset related sentiment
After Mr. Bush's commitment last night, we could probably see some related issues in play that will offset any fallout from the negative sentiment we've had lately,
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.
battered bought computer estimates forward group growth question research revenue technology winner
Dell Computer ( DELL : Research , Estimates ) is battered down here, revenue growth put into question as the whole technology group has been put into question but I think, you know, going forward that Dell will be a winner here and I think it should be bought at these levels.
rally santa
It's a Santa rally. It's the year-end rally I've been predicting.
rally technical
It's a technical rally from a very oversold condition.