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Letter "P" » Peter Cardillo Quotes
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«But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.»
Author: Peter Cardillo
«The market is playing follow the leader. Oil is higher now but not affecting things, but if the price shoots above $75 a barrel it will weigh on us. It's not about earnings anymore and something has to give, and at this rate it looks like it may be equities.»
Author: Peter Cardillo
«When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.»
Author: Peter Cardillo
«I think the market is responding pretty well to the reports and also positioning itself ahead of the economic news due later in the week,»
Author: Peter Cardillo
«What the market is telling us is that's it's discounting solid economic growth over the next quarter, ... I think [the market] can over the next month or so approach the highs we hit last year.»
Author: Peter Cardillo
«The fact that oil fell out of bed is certainly propelling the market today,»
Author: Peter Cardillo
«[As for Friday, the first day of the new quarter and the second half of the year:] tomorrow's trade will be impacted by the continued reaction to the Fed statement, ... We'll also be looking at the ISM index.»
Author: Peter Cardillo
«The market is once again staying within the broader trading range, ... and in this case rotating out of commodity and related issues and buying tech and others that are perceived as being better values right now.»
Author: Peter Cardillo
«General market sentiment remains quite positive, ... Of course, oil could be a spoiler if it moves higher.»
Author: Peter Cardillo
«We had a fairly sharp drop yesterday and this is an extension of that,»
Author: Peter Cardillo
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