365 Quotes by Peter Cardillo

I think we are in the early stages of a market that is beginning to see some light at the end of the tunnel.

With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.

The focus will shift from earnings to the presidential election. We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.

We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.

The breadth of the market is very negative.

I think today the market is totally going to prepare itself for the FOMC meeting and take its cue from the numbers,

The breadth of the market is extremely negative. The decline is accelerating. It's feeding on itself. What we're seeing here is a combination of some sell programs and people beginning to have second thoughts.

We're seeing some cautious trading right now, but the volume is decent, the momentum is on the upside and traditionally, this is a good week for the markets.

The focus will shift from earnings to the presidential election, ... We're in this last part of earnings reporting and most of the damage has already been done. There's not one sector that has not been raided.