Quotations
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Peter Cardillo Quotes
«It's a Santa rally. It's the year-end rally I've been predicting.»
Author: Peter Cardillo
«We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.»
Author: Peter Cardillo
«Yesterday (Monday), the market came down in a big way on terrorism worries, but today (Tuesday), we'll probably see a sluggish market most of the day. There's no big global news to give us a lift.»
Author: Peter Cardillo
«The deal is positive for the market as it helps clear the air. Obviously, restrictions are going to be tighter in the future.»
Author: Peter Cardillo
«If we get a strong number (Friday) it could rekindle fears of another Fed tightening and that will keep investors on the defensive.»
Author: Peter Cardillo
«We have a very mixed situation. There are a few bright spots, but it's a bit disappointing that there hasn't been a follow through from what we saw Friday (with stocks rising). However, that is to be expected as the market responds to oversold conditions and tries to set a base.»
Author: Peter Cardillo
«What you need to do is brace yourself. We've gone through bad moments before. This is not the first time and it won't be the last.»
Author: Peter Cardillo
«What we're seeing is the opposite of two years ago, when every Tom, Dick and Harry was in the market. Now, everybody is shying away from that.»
Author: Peter Cardillo
«We have some technology stocks moving higher and the large amounts of cash sitting on the sidelines will be coming back into the market. These are just relief rallies with investors trying to pick up bargains.»
Author: Peter Cardillo
«The market is trying to rally again and that's encouraging. But whether yesterday (Wednesday) was really the big capitulation day remains to be seen. The market is probably going to drift in the next week or so as it finds its footing after the run-up.»
Author: Peter Cardillo