142 Total Quotes

Peter Cardillo Quotes

The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
Peter Cardillo
#Economy

All of these crises are getting serious, and what the (U.S.) market is experiencing is a crisis of confidence.
Peter Cardillo
#Confidence

This trade deficit news certainly points in the direction that the U.S. economy is slowing.
Peter Cardillo
#Direction

I think the market is holding up pretty well after the recent rally, ... The economic news was mixed today, and investors are eyeing Ivan and the price of oil.
Peter Cardillo
#News

This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
Peter Cardillo
#Economy

There's skepticism about earnings -- companies may report good earnings but they might have some negative comments to make about future revenue growth.
Peter Cardillo
#Future

It's Fed watch day, so we're experiencing a bit of anxiety before the announcement. Of course, any indication that the Fed will end its tightening cycle could propel the stocks higher this afternoon. Hopefully we'll see an indication of some type of pause.
Peter Cardillo
#Anxiety

The CPI was good news but still leaves that question mark about energy prices. The gasoline hike of the past three weeks was not included in it,
Peter Cardillo
#Energy

Not everybody is getting the check at the same time, but of course it's a positive for the economy. However, it's already in the marketplace and we'd have to see it show up in the (economic) numbers or nationwide polls.
Peter Cardillo
#Economy

The market now is trying to stabilize after having discounted higher inflation and interest rates and what most likely will be murky fourth-quarter outlooks,
Peter Cardillo
#Inflation

Until there is a positive indication in economic data that the economy is slowing down, the Fed has to stay ahead of the curve.
Peter Cardillo
#Economy

Dell Computer ( DELL : Research , Estimates ) is battered down here, revenue growth put into question as the whole technology group has been put into question but I think, you know, going forward that Dell will be a winner here and I think it should be bought at these levels.
Peter Cardillo
#Growth

Small investors have learned their lesson: you just don't get out when there's a lot of volatility. I think this bull market has a long way to go.
Peter Cardillo
#Investors

But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.
Peter Cardillo
#Gold

Basically the market is responding to the latest earnings reports and waiting to see what happens with Apple Computer after the bell.
Peter Cardillo
#Apple

If oil goes higher, it could mean we may be headed for a correction.
Peter Cardillo
#Correction

I think this market now is basically trying to stabilize. The market will probably begin to focus on economic activity rebounding in the first quarter.
Peter Cardillo
#Focus

I think this market now is basically trying to stabilize, ... The market will probably begin to focus on economic activity rebounding in the first quarter.
Peter Cardillo
#Focus

The CPI was good news but still leaves that question mark about energy prices. The gasoline hike of the past three weeks was not included in it.
Peter Cardillo
#Energy

The economic news today wasn't good -- obviously it leads to worries of inflation. But that should have been expected, with oil and metals trading higher. It has to translate into inflation. The market continues to drift in a sea of uncertainty -- the geopolitical issues are still the main concern.
Peter Cardillo
#Inflation

I think the market will continue to trade in a tight range in no-man's land. It's not like we're collapsing but it's just going nowhere.
Peter Cardillo
#Land

The market is beginning to focus on the rising price of oil. That, in my opinion, has rekindled doubt about what the Fed is going to do.
Peter Cardillo
#Beginning

The market this morning moved up on the good economic numbers. It was a confirmation of what the market has been saying.
Peter Cardillo
#Confirmation

The money is still chasing stocks and that will continue. But I think the Nasdaq is having trouble as it approaches that key 2,100 level.
Peter Cardillo
#Money

Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive.
Peter Cardillo
#Gold

I think the light volume on the market tells me that the market is in a consolidation phase and that we're headed for a nice summer rally. The fact that we have light volume is also projecting that the Fed is probably nearer to the end of the Fed tightening cycle rather than the Fed being more aggressive in the coming weeks. I think the technology stocks are going to come back strongly. And I think financial stocks are going to do well.
Peter Cardillo
#Consolidation

When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.
Peter Cardillo
#Acquisition

The market now is trying to stabilize after having discounted higher inflation and interest rates and what most likely will be murky fourth-quarter outlooks.
Peter Cardillo
#Inflation

[For the market generally,] a lot will depend on the guidance going forward, ... If it's mostly positive, that's one less thing for the market to worry about as it goes through the process of assessing what oil will mean for the economy.
Peter Cardillo
#Guidance

There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.
Peter Cardillo
#Money