365 Quotes by Peter Cardillo

Although we had good earnings from Caterpillar, earnings are becoming less of a focus.

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.

Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy.

We had a very explosive rally yesterday, and gas prices are moving a little higher this morning.

The economic news this morning was mixed. The leading indicators fell for the third straight month, which is certainly not a positive, but the decline was minimal.

A lot of this volatility has to be attributed to the triple-witching.

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.

We're looking at a slightly lower open as we see some consolidation. At the same time I don't expect the market to give up much of what it has gained over the last two days.

A lot of today's market is due to the flow of money going into pension funds and money managers. These are the types of investors who are more inclined toward the large cap stocks.