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Peter Cardillo Quotes
«Volume is likely to remain light the rest of this week, and I would expect the market to remain volatile Thursday, ... But there's good news out there, and over the next few weeks, I think we'll remain in this trading range but edge up toward the higher end of it.»
Author: Peter Cardillo
«Recent indications show the economy is improving, and we're approaching the end of the quarter, which means you're going to see portfolio managers adjusting their positions through Wednesday. We're also coming off very oversold conditions.»
Author: Peter Cardillo
«It's all about the earnings right now.»
Author: Peter Cardillo
«We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,»
Author: Peter Cardillo
«The earnings period has been pretty good so far, ... But its having a limited impact on stocks because the market is discounting higher interest rates in the months ahead.»
Author: Peter Cardillo
«The recent rally is being supported today by the strong economic numbers, which indicate that the economy is growing at a faster clip,»
Author: Peter Cardillo
«If the dollar continues to fall, and we end up in a free fall, at one point the Fed will have to be more aggressive, ... They may have to respond by raising interest rates by half a point.»
Author: Peter Cardillo
«EBay came out with good numbers, but the outlook for the fourth quarter and next year wasn't so good, ... We're probably looking at a lower open, with a mixed trading session, as people respond to individual earnings and keep an eye on the price of oil.»
Author: Peter Cardillo
«Core rate came in better than market expected, showing that inflation remains tame, ... Good news and the market should react positively, but the Fed will continue to raise rates. A good report.»
Author: Peter Cardillo
«I think this market now is basically trying to stabilize,»
Author: Peter Cardillo