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Peter Cardillo Quotes

«We're looking at a flat open. Same-store sales came in a little weaker than expected and the jobless claims shows the labor market is quite tight.»
«The market is probably going to mark time as it awaits Friday's employment numbers.»
«The market has been under pressure lately and that's one of the reasons we're seeing a little bounce back.»
«There are so many positive factors that led to today's rally. Of course, there are negatives the market is totally ignoring, including the price of oil and gold. Ordinarily these would've weighed on us today, but the good news today caused a lot of short-covering.»
«We can't continue to have oil prices rise without impacting prices and economic activity. Somewhere along the line it will have a negative impact.»
«The market will continue to be supported by the good earnings we've had and by the options expiration we're seeing but certainly we're nearing some day of reckoning.»
«If oil goes higher, it could mean we may be headed for a correction.»
«I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.»
«Although we had good earnings from Caterpillar, earnings are becoming less of a focus.»
«It's one of those days where investors are looking at the strong economic news for what it says about the economy, rather than what it could mean for interest rates.»