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Peter Cardillo Quotes

«I think the market is now looking at earnings, ... I think we'll probably see earnings come in pretty good, but I think the market is also anticipating that corporate America will voice concerns about high energy costs.»
«Basically the market is responding to the latest earnings reports and waiting to see what happens with Apple Computer after the bell.»
«Short-covering has brought stocks back a little, but you've got very little volume and the rhetoric of the potential attack against Iraq and the September 11th anniversary hanging over markets.»
«The markets are deeply oversold and starving for good news,»
«[U.S.] consumer confidence is very important. If consumer confidence stays up then consumer spending will stay up. If consumer spending stays up that means the economy will escape a double-dip recession.»
«The economy is already weak and this is adding to the woes. It's a lose-lose situation. If the situation is settled soon, we go back to the same soft economy. If the situation is not settled soon, we get an even softer economy.»
«The market has so far been ignoring the good economic news, but it's just a matter of time before investors shake off the fear factor.»
«Concerns remain that the economic data indicate the economy could slip back into a recession. Looking at technology, the fears are back in the market that third-quarter earnings may not live up to expectations.»
«It's a cautious day at the end of an up quarter, ... I think we'll continue to see caution next week as we await the start of the third-quarter earnings reporting season, and look at some of the key economic numbers, particularly the unemployment number Friday.»
«I would have thought it would have been a lot worse. For now, the market is doing just fine, considering everything.»