365 Quotes by Peter Cardillo

There are so many positive factors that led to today's rally. Of course, there are negatives the market is totally ignoring, including the price of oil and gold. Ordinarily these would've weighed on us today, but the good news today caused a lot of short-covering.

Snow's comments about the dollar are giving investors a good excuse to take some money off the table after the recent run up, ... But basically, this is just a lot of profit-taking.

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

I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.

At the end of the quarter you generally see some switching, so now we're seeing some institutions buying blue chips again.

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

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.

The last day of the year many years ago used to be the busiest say of the year, but that ended about 15 years ago. This holiday offers a three-day weekend and most institutions have closed their books by now.

I suspect the main focus of the day will be the Fed minutes. It looks like we'll get a strong start on the strength in overseas markets, but we'll probably be trading sideways until the minutes are released.