Quotations
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Peter Cardillo Quotes
«After election day, the market is going to assess the political and economic outlook resulting from the election and that should set the stage for a nice year-end rally.»
Author: Peter Cardillo
«The rally was pretty much across the board.»
Author: Peter Cardillo
«The jury has been out over the last week or so over whether they will indicate that they are going to pause and I think that's what's been holding back the markets.»
Author: Peter Cardillo
«Right now, there's just a lack of solid trading volume out there, so we're struggling to move higher based on the good news we have. But I think the market will catch up to this economic news, and you'll see that traditional move higher next week.»
Author: Peter Cardillo
«We need some sort of correction. And I think it can come very quick and fast, and then the market will continue to do well simply because the economy continues to do well.»
Author: Peter Cardillo
«The market opened higher, after some good economic numbers. However, we're seeing a pullback due partly to volume being lighter than usual.»
Author: Peter Cardillo
«The year-end rally should resume next week on window dressing.»
Author: Peter Cardillo
«The end of the strike in New York City is, obviously, a positive. It was slowing things down in terms of businesses and spending in a very important time of the year.»
Author: Peter Cardillo
«Markets are basically in a holding pattern. We had some good economic numbers, but it's Friday ahead of a long Christmas weekend so people aren't going to make much a commitment.»
Author: Peter Cardillo
«Once everyone sifted through all the comments, the realization was that he hasn't changed his thoughts about the economy. He doesn't think the economy is ready to fall off a cliff, and that's basically a strong fundamental for the stock market.»
Author: Peter Cardillo