365 Quotes by Peter Cardillo
- Author Peter Cardillo
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Obviously, Alcoa really disappointed the market today, ... But we've also had a big run-up since the start of the year, and considering that, I think stocks are holding up pretty well.
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- Author Peter Cardillo
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It's a pick-and-choose market here. My thought is that (the Fed) is going to stay pat and they're going to use some tough language. We're going to see a vigilant Fed, and that should keep the markets on the defensive.
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- Author Peter Cardillo
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The market has so far been ignoring the good economic news, but it's just a matter of time before investors shake off the fear factor.
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We'll probably see some sort of a pullback.
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I would have thought it would have been a lot worse. For now, the market is doing just fine, considering everything.
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It's a little bit of a divergent market. There's some money on the sidelines coming into the tech stocks, and any meaningful rally from here will probably be led by the tech group.
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If we get a strong number (Friday) it could rekindle fears of another Fed tightening and that will keep investors on the defensive.
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The market has been under pressure lately and that's one of the reasons we're seeing a little bounce back.
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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.
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