365 Quotes by Peter Cardillo

It's going to be a very busy week in terms of economic news,

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.

The market is obviously going to eye energy prices, ... Oil's come down a bit, but gas prices are moving a bit higher.

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.

It's been a roller coaster ride, sort of a precautionary move on the part of investors before we get these key earnings. I'm not a bit worried. This market is going to move higher.

Basically, what they're working on here is a smallpox drug. As you know, the vaccine does have a lot of side effects. And this small, tiny basically New York-based company, with its labs out in Oregon, is working on this drug, ... And they just recently announced a contract from the Army -- $1.6 million. It's obviously speculative and somewhere along the line the company is going to have to raise money.

The market is near a stage when even good news become bad news, ... But I think its probably nearing an end to this decline.

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.

It's been all over the place today because the volume is low. And in that kind of environment, the market is more vulnerable to pulling back on geopolitical concerns and the weakness of the dollar.