Peter Cardillo Quotations | Page 2

I think things can only get better unless the economies face worldwide deflation,

I think this market now is basically trying to stabilize,

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.

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.

I think you're seeing buying today because of anticipation ahead of some of the economic and corporate news due in the next two days, particularly Dell tomorrow.

I think we'll see a higher market in 1998, ... The economy is very sound. We've had inflation low, going lower, and we'll see disinflation rather than deflation.

I think we'll see a mixed week -- probably a little bit toward the upside -- but a lot depends on the price of oil. If oil stabilizes around here we could inch a bit higher. If it backs down to the low $60s and stabilizes, then the market might rally.

We need some sort of correction. And I think it can come very quick and fast, and then the market will continue to do well simply because the economy continues to do well.

We have the weapons inspectors returning, mixed corporate reports and no new economic news to focus on, so stocks are taking a little pause, ... The broader market is mixed to lower but is showing no great declines, while the techs continue to perform a little better.

We'll probably see some sort of a pullback.

We didn't see any major change out of France or Germany, ... While the reaction to Mr. Powell's speech at the United Nations obviously was positive, I think when people realized that Germany was not changing its stance and France wasn't softening too much, it was back to worries of uncertainty.

We didn't see any major change out of France or Germany. While the reaction to Mr. Powell's speech at the United Nations obviously was positive, I think when people realized that Germany was not changing its stance and France wasn't softening too much, it was back to worries of uncertainty.

I would not be surprised to see this market register a new high, perhaps closing at a new record high. But then we'll probably see some sort of a pullback.

We have a lot to get through next week, but I think the advance can continue. There seems to be a lot of enthusiasm returning to the market.

The action is good so far, but we need to see another few days of this -- with slight pullbacks and people then buying on those pullbacks -- for this to really indicate that some sort of bottom has been set,

The advance is on the heels of good economic numbers this morning. Chicago PMI in particular took people by surprise. You also had some good earnings news from Disney and Honeywell, ... That turned the dollar around, which in turn pushed some of the geopolitical issues on the back burner. For a Friday, this is pretty good.

You just don't get out when there's a lot of volatility,

That's what is putting a cap on the good news in the market.

My best guess is the American market is going to fool all of us and is going to perform better than most of us expected,

We have a very mixed situation. There are a few bright spots, but it's a bit disappointing that there hasn't been a follow through from what we saw Friday (with stocks rising). However, that is to be expected as the market responds to oversold conditions and tries to set a base.

We can't continue to have oil prices rise without impacting prices and economic activity. Somewhere along the line it will have a negative impact.

We have some technology stocks moving higher and the large amounts of cash sitting on the sidelines will be coming back into the market. These are just relief rallies with investors trying to pick up bargains.

We had a little surprise with the Bush announcement right away and that gave us a little hope, but the market is still faced with all the same problems that have hurt us for weeks,

We've made some nice gains for the year, and now we're consolidating near the highs,

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.

The fact that oil fell out of bed is certainly propelling the market today,

There are some slight movements in technology stocks with sporadic gains, but nothing to write home about,

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.

What we're going through is a market finding itself in a very nervous state and is preparing itself for third-quarter earnings, ... As we wait for the earnings to come out, the market feels the weight of the continued carnage in 'new economy' stocks. Dell's announcement was certainly no help in reversing market psychology.

We did get surprising oil inventory data, but it's still below that $60 range. The market is running against options expirations, which are causing technical difficulty.

We have here a cautious market, and it will continue to be cautious until we get through some major data and Greenspan's testimony on Capitol Hill. Also, investors were taking profits from last week's rally.

Volume is likely to remain light the rest of this week, and I would expect the market to remain volatile Thursday, ... But there's good news out there, and over the next few weeks, I think we'll remain in this trading range but edge up toward the higher end of it.

We're at the end of the quarter so there is some window dressing. The focus is now totally on earnings, and this earnings season looks as though it will be strong if not stronger than last quarter.

We are looking at a mixed open. But if the factory orders or the ISM come in within expectations or better, that should help continue the upward movement in the market.

We are optimistic with the technology sector, ... Most of the large technology companies have strong balances and they are likely to increase capital expenditure, which in turn, tends to generate better results.

We are seeing a continuation of this rotation process, with people selling some of the big tech and other gainers of the year, and putting money in sectors that still have room to gain, namely, industrials, metals, anything commodity-related,

We won't know the full effects of the Asian crisis until at least the second quarter of the new year.

What I do see is some need for a consolidation period,

What Intel says tomorrow will set the tone for techs in the next few sessions,

The fact that the market is continuing to stay at the upper end of the trading range, even with oil prices continuing to hover around their highs, is positive, it indicates investor confidence.

The fact that the Nasdaq breached 2000, an important psychological level, but managed to close above it several times now over the last week is a positive. But I think we're going to continue to see this consolidation for at least another week or so until more of the March economic reports start coming in.

The deal in Internet helps, but the real reason the market is faring well is because of the end-of-quarter window dressing.

The deal is positive for the market as it helps clear the air. Obviously, restrictions are going to be tighter in the future.

We're looking at a flat open. Same-store sales came in a little weaker than expected and the jobless claims shows the labor market is quite tight.

UAL is certainly a negative for the market, but the news wasn't entirely unexpected. You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.

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.

We are already seeing some signs of a slowdown in the economy. If durable goods confirm what housing starts voiced last week, then obviously we might see a little bit better tone in the bond market.

We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.

We're seeing more and more that Japan wants to implement banking reform. That's the key. That's very positive.

We're seeing some cautious trading right now, but the volume is decent, the momentum is on the upside and traditionally, this is a good week for the markets.

We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.

What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.

What we're seeing here is investors becoming increasingly nervous, awaiting the economic data tomorrow (Thursday). Profit warnings and future growth (concerns) are overshadowing the enthusiasm that we saw develop late yesterday -- it's a feeding process.

What we're seeing is typical of a market that is trying to make a bottom, but we're not necessarily there yet.

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

Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,

There is no question that the State of the Union message last night was very strong and very positive. Obviously the economy continues to do very well. Inflation is low and interest rates are still very low.

What's shaking the market is oil and the aftermath of the hurricane, ... Every time the price of oil moves into new, higher territory that creates worries about the strength of the economy going forward.

Unless he should say something really out of the ordinary, which is unlikely, I think his comments will likely have a limited effect on stocks,

Unless some real news comes out that could accelerate impeachment talks, it's probably already been discounted, ... Big deal, we're going to see the president get angry, say a few curse words.

We're into the second day of the quarter, and the market is technically signaling a short-term rebound as we prepare for tomorrow's unemployment report.

We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.

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.

There are some good stories out there, and I think people are looking at them, ... You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.

There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.

With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.

Core rate came in better than market expected, showing that inflation remains tame, ... Good news and the market should react positively, but the Fed will continue to raise rates. A good report.

Today's sharp decline is partly from the Clinton problem, there's no question about that at this point.

Earnings news has been discounted and investors are looking for a reason to take money off the table, ... Today, they found that reason in Microsoft's sales projections.

We are bracing for a weaker opening with a slew of data being released, ... Consumer confidence, inflation and of course, oil, will remain key indicators for the stock market.

Every day a refinery is opening up and that will ease some of the supply problems.

At these levels, the inflationary impact is not that great. But it could rise.

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).

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.

These stocks are the forgotten group -- they continue to stay dormant and move lower, but they actually become a good buy,

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.

what happened was a good thing. It created new opportunities. I found very little panic among small investors.

What the market really needs here is stimulant not from the Federal Reserve, but from the CEOs.

Very well managed, ... I just yesterday raised it to a 'strong technical buy.'

The recent rally is being supported today by the strong economic numbers, which indicate that the economy is growing at a faster clip,

There is so much negative news out there right now. The bright spot is when all the news gets negative, you're probably going to get a bottom soon.

We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,

Across the globe there are a lot of problems out there. Putting pressure on the markets is the situation between India and Pakistan , gold is up on that news. Also, weakness in the dollar reflects nervousness in the financial markets.

People feel there are bargains out there. I think the market can continue to rally a little more.

Of course, the whole market will be effected, but financial stocks in particular.

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.

Two safe bets, ... And I think during the market pullback both of them will probably be safe bets, especially Philip Morris.

The good news is that on the consumer side of things, spending actually declined, and the real good news is the deflator was lower than the last quarter and there was a revision from the first quarter. So when you really dissect it all, it wasn't all that bad.

The good news is that we have a strong economy and there's no inflation, ... Investors are starting to realize the Fed may not need to be that aggressive.

We had some positive earnings reports, but I think the fact that we had jobless claims that were above and beyond what was expected derailed some enthusiasm,

The momentum players are not back in full swing.

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.

The mood remains positive, but I think after the run you've seen, there is the risk as we move deeper into the earnings reporting period over the next week or so, that you have a little selling on the news.

Oil is having a great impact on stocks.

Oil is trading higher today due to the new hurricane fears. The big story of the week, which will be the market mover, is going to be the Fed.

Oil prices are under $60, and the sun is shining here in New York, and so it means the Northeast is enjoying pretty comfortable weather and that's probably going to have an influence on oil prices today,

Oil prices have backed over $22 here. And I kind of think that this is what is probably going to give a bumpy ride for the next several week to the bond market.

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.

As long as the economy doesn't go into a recession, I think these (smaller) companies will continue to outperform large-cap stocks,

As long as there is no inflation this is extremely good for the financial markets and also for the bond market. What we saw a couple of weeks ago was a backup due to technical factors rather than any fundamental changes.