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Letter "P" » Peter Cardillo Quotes
«Basically we had some good overseas trading. I think that is basically propelling us to a higher opening here. I just think the market is living with the fact that oil prices are trading around these levels, and it's getting a lift from the 10-year yield being below 4.60 percent.»
«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.»
«Demand for tech shares remains pretty strong.»
«The lower oil prices go, the higher we may see the stock indexes moving this afternoon.»
«Oil is having a great impact on stocks.»
«A hefty rise at the core rate would upset stocks investors.»
«Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report.»
«Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report. For the intermediate term, there doesn't seem to be a supply/demand problem out there. But you don't know when that'll change.»
«The first batch of economic numbers for the day matched expectations. Core inflation isn't yet a real problem. After yesterday's over-exaggerated decline, these numbers still show economic growth and may help give us a rebound.»
«This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.»

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