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Letter "P" » Peter Cardillo Quotes


«Obviously, Alcoa really disappointed the market today. But we've also had a big run-up since the start of the year, and considering that, I think stocks are holding up pretty well.»
«UAL is certainly a negative for the market, but the news wasn't entirely unexpected. You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.»
«The action is good so far, but we need to see another few days of this -- with slight pullbacks and people then buying on those pullbacks -- for this to really indicate that some sort of bottom has been set.»
«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.»
«They (G7 countries) may whistle a different tune in terms of assisting different markets, but behind the scenes they're looking at the situation.»
«There's a feeling out there that a lot of the negative news has already been discounted in the market.»
«I think long-terms are probably headed under 5-1/2 percent. When will that come? As soon as we get the release of the PPI and the consumers price index.»
«The markets have already discounted inflationary pressures.»
«Long-term, the stock is a buy. It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks.»
«We are already seeing some signs of a slowdown in the economy. If durable goods confirm what housing starts voiced last week, then obviously we might see a little bit better tone in the bond market.»

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