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...
consistent flow followed growth leaving market money period rotation slow stock tells
Many (tech and telecom stocks) are undervalued. If we have a period of slow growth followed by an acceleration in the economy, I think we could see money flow back, and the one thing that's been very consistent in this market is the rotation factor, ... It tells everyone money is not leaving the stock market.
businesses city slowing spending strike terms time york
The end of the strike in New York City is, obviously, a positive. It was slowing things down in terms of businesses and spending in a very important time of the year.
begun data economic hikes quite rate seeing seen signs slow
Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy.
began cloud however investors panic retail slowly
Many retail investors were in panic mode, however many of them slowly began to come back to the marketplace as the cloud of uncertainty began to lift.
due earnings interest lower point rates selling slower view
The selling in financials is an anticipation of lower earnings due to a slower economy, ... From the point of view of interest rates not going up, it's positive.
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,
america concerns corporate earnings energy high looking market voice
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.