Next week begins the new month. You have all this economic news coming out, Colin Powell addresses the U.N., the war drums will start again. Whether Friday's advance can continue is not clear.
More Quotes from Peter Cardillo:
The selling in financials is an anticipation of lower earnings due to a slower economy. From the point of view of interest rates not going up, it's positive.Peter Cardillo
The markets are deeply oversold and starving for good news,
Peter Cardillo
Long-term, the stock is a buy, ... It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks.
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.
Peter Cardillo
If oil prices continue to rise and there's an escalation of the situation in the Middle East, the question would come up, are we headed for some type of OPEC embargo and where would that send prices, ... It seems like all of the negative news that possibly could be surrounding the oil market is at hand.
Peter Cardillo
What the market is telling us is that's it's discounting solid economic growth over the next quarter, ... I think the market can over the next month or so approach the highs we hit last year.
Peter Cardillo
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Based on Topics: War & Peace QuotesContinually finding excuses for taking a small glass of brandy and water.
John Leech
Of course, we knew that this meant an attack on the union. The bosses intended gradually to get rid of us, employing in our place child labor and raw immigrant girls who would work for next to nothing.
Rose Schneiderman
The first responsibility of a leader is to define reality. The last is to say thank you. In between, the leader is a servant.
Max de Pree