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...
diving fast investors market money notion stay
Long-term investors should stay the course, ... No one should be diving into this market with the notion that they'll make fast money because that's not the case.
market markets pat stay tough vigilant
It's a pick-and-choose market here. My thought is that (the Fed) is going to stay pat and they're going to use some tough language. We're going to see a vigilant Fed, and that should keep the markets on the defensive.
although bias expect neutral stay
I expect they will stay the line, although the possibility of going from a neutral to a tightening bias has increased.
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If the CPI core rate shows not much of a rise then the market will be able to just focus on good earnings. It will show that the Fed is staying ahead of the inflation curve, which is a positive for the market.
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Obviously, the market was disappointed in Apple and AMD; and you also have to realize that Mr. Greenspan has been reiterating his stance on inflation and the need to stay ahead of the inflation curve,
bond looking market shoulder stay tail tight trading
It's the tail end of the month, so the market is probably going to stay in a tight trading range, looking over the shoulder of the bond pit.
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From an interest rate standpoint, it's negative. On the other end, if the economy stays strong, corporate earnings will stay strong.
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These stocks are the forgotten group -- they continue to stay dormant and move lower, but they actually become a good buy,
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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.
breadth market
The breadth of the market is very negative.
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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,
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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,