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...
earnings focus last looks quarter season strong stronger though totally window
We're at the end of the quarter so there is some window dressing. The focus is now totally on earnings, and this earnings season looks as though it will be strong if not stronger than last quarter.
beginning believe correction decline demand disappear economy-and-economics lower major money phase saw seeing stocks sufficient taking tech though trading worst yesterday
I believe the worst of the decline in the 'old economy' stocks is over, ... and I think what we're seeing here is a consolidation phase, even though this consolidation phase is probably taking place at the lower end of the trading range. I don't believe that yesterday's decline in Nasdaq is the beginning of any major correction just yet. Now, that is not to say that we're not going to have a correction. Indeed, we are. But I just believe that there is sufficient money out there and sufficient demand for these tech stocks yet, and that is not going to disappear so quickly. What we saw yesterday was little profit-taking after a spectacular week.
basically changed economy economy-and-economics fall ready stock strong thoughts
Once everyone sifted through all the comments, the realization was that he hasn't changed his thoughts about the economy. He doesn't think the economy is ready to fall off a cliff, and that's basically a strong fundamental for the stock market.
certainly defense economic future growth impact report spend starting though
Accelerating GDP growth certainly bodes well for future economic activity. And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
certainly defense economic future growth impact report spend starting though
Accelerating GDP growth certainly bodes well for future economic activity, ... And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
consumer job looks losing spending though worried
It looks as though the consumer isn't too worried about losing his job or spending his money.
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,
bear earnings economy eventually focus grip living lose market process reputation seeing september setting
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.
activity basically begin economic focus market trying
I think this market now is basically trying to stabilize. The market will probably begin to focus on economic activity rebounding in the first quarter.
activity basically begin economic focus market trying
I think this market now is basically trying to stabilize, ... The market will probably begin to focus on economic activity rebounding in the first quarter.