365 Quotes by Peter Cardillo
- Author Peter Cardillo
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I think the market's going to probably start the year on an up trend,
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Earnings news has been discounted and investors are looking for a reason to take money off the table, ... Today, they found that reason in Microsoft's sales projections.
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The Fed decision was anticipated, so it's not having much of an effect. What we're seeing now is a reaction to the end of the quarter. It's basically window dressing.
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I think the market is responding pretty well to the reports and also positioning itself ahead of the economic news due later in the week,
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Every day a refinery is opening up and that will ease some of the supply problems.
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I like American Telephone at 45 and 50,
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I think the market is now looking at earnings, ... I think we'll probably see earnings come in pretty good, but I think the market is also anticipating that corporate America will voice concerns about high energy costs.
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At these levels, the inflationary impact is not that great. But it could rise.
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Inflation will stay low. Interest rates will turn lower. Corporate earnings will continue to grow. And I think we can see the Dow by the first quarter of 1999 above 10,000.
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