Peter Cardillo Sector Quotations

The focus will shift from earnings to the presidential election, ... We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.

The focus will shift from earnings to the presidential election. We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.

A good portfolio should be a mixture of sectors -- I don't see any one sector being hot again, ... I would favor more tech and telecom because when they do come back, they'll come back very strong because they got clobbered the most.

It's a busy week in terms if earnings with three sectors of the technology sector reporting. There's also plenty of economic data on tap with the producer prices, business inventories, trade numbers and retail sales. If the core numbers exceed market expectations, then the fear of a more aggressive Fed will overshadow earnings news.