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Letter "P" » Peter Cardillo Quotes
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«Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive.»
Author: Peter Cardillo
«Next week begins the new month. You have all this economic news coming out, Colin Powell addresses the U.N., the war drums will start again. Whether Friday's advance can continue is not clear.»
Author: Peter Cardillo
«We're seeing some cautious trading right now, but the volume is decent, the momentum is on the upside and traditionally, this is a good week for the markets.»
Author: Peter Cardillo
«There's been a technical erosion and it continues to feed off of itself. The confidence number brought in some buying and cut some earlier losses, but the markets are basically still lower for all the same reasons they've been lower of late -- the poor earnings outlook, the prospect of war in Iraq, corporate mistrust.»
Author: Peter Cardillo
«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.»
Author: Peter Cardillo
«Across the globe there are a lot of problems out there. Putting pressure on the markets is the situation between India and Pakistan , gold is up on that news. Also, weakness in the dollar reflects nervousness in the financial markets.»
Author: Peter Cardillo
«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.»
Author: Peter Cardillo
«I think the market's going to probably start the year on an up trend,»
Author: Peter Cardillo
«The major companies have already reported and it's quite obvious that this market just can't shake the earnings syndrome.»
Author: Peter Cardillo
«I think the market will continue to trade in a tight range in no-man's land. It's not like we're collapsing but it's just going nowhere.»
Author: Peter Cardillo
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