Quotations
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Peter Cardillo Quotes
«It is good news since we did not get any surprises on the upside, but by the same token, the Fed already made its decision, not changing its bias or interest rates.»
Author: Peter Cardillo
«I think [the] unemployment report number came in soft,»
Author: Peter Cardillo
«All in all, it's been a bad month for technology, but not so bad for other sectors. Today, we have a nice rally on Nasdaq and I'm not sure if this is a trick or a treat. I think it's not a trick because I think the worst is over and the market is setting itself up for a nice rally.»
Author: Peter Cardillo
«I like American Telephone at 45 and 50,»
Author: Peter Cardillo
«The rebound is due to many of the sectors moving higher and a big portion of this rise is due to Hewlett-Packard (on the Dow). What the market is telling us is, this morning we panicked but this is probably just an isolated situation and a temporary situation for Intel.»
Author: Peter Cardillo
«From a 'wall of worries' standpoint, the market needs to be assured that there are no other casualties out there that are going to report weaker earnings, and from an energy standpoint, prices have got to move lower.»
Author: Peter Cardillo
«The market is deadly afraid about what earnings are going to look like in the coming quarters,»
Author: Peter Cardillo
«Energy prices are the reason for this. The crisis in the Middle East is obviously going to keep the price of energy at a strong level and that means this market is going to now be fearful of inflation exploding. We could be in for a further bumpy ride.»
Author: Peter Cardillo
«I still expect the third quarter to be respectable but that's a thing of the past. But what happens in the fourth quarter (is the question).»
Author: Peter Cardillo
«This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.»
Author: Peter Cardillo