365 Quotes by Peter Cardillo

For many months, the 'old economy' stocks were out of favor, but now people are starting to take some money off the (technology stock) table.

The market is probably going to mark time as it awaits Friday's employment numbers.

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.

If things go well with a military strike, the market gives it a seal of approval and moves upward.

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.

The market is playing follow the leader. Oil is higher now but not affecting things, but if the price shoots above $75 a barrel it will weigh on us. It's not about earnings anymore and something has to give, and at this rate it looks like it may be equities.

Basically we had some good overseas trading. I think that is basically propelling us to a higher opening here. I just think the market is living with the fact that oil prices are trading around these levels, and it's getting a lift from the 10-year yield being below 4.60 percent.

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.

Basically we had a lot of good earnings in technology but we also have some warnings going forward.