Peter Cardillo Tail Quotations

What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.

It's the tail end of the month, so the market is probably going to stay in a tight trading range, looking over the shoulder of the bond pit.