...I think Mr. Greenspan has given us some hope," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. "He's confident there will be creation of new jobs and that was what the market wanted to hear...
...phase ... with shallow pullbacks met with buying" said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. "Once the consolidation phase is over I think the second leg of this bull run will commence," Cardillo...
...technical. ... There is no news to account for it," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc., of Wall Street's late-day turnaround. Analysts said the gains had little if anything to do with...
...looking at a market that still wants to go higher," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. Meanwhile, other Wall Street observers predict the market will have trouble rallying further until there...
...drifting, and drifting one way only, and that is down," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. The Dow Jones industrial average closed down 84.94, or 1.1 percent, at 7,758.17. The broader...
...I think we are in the capitulation stage now," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. Cardillo said he expects selling to slow next week as the market settles in at a lower trading range...
...there, Dow 10,000 will be a very happy moment in time." Peter Cardillo, president and chief strategist of Global Partner Securities Inc., said the 10,000 level might represent a milestone that investors remain hesitant to push past on a...
...two months. "The stronger dollar is helping out," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. "We had a rather sloppy week last week ... and traditionally the week of Thanksgiving is usually a...
...government's gross domestic product report Thursday, said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. The break gives traders and investors "time to position themselves," he said. "I think the market...
...Instruments is helping that selloff to accelerate," said Peter Cardillo, president and chief strategist of Global Partner Securities Inc. "But I don't think it is the beginning of significant pullback. I just think it is a little drop here...