Peter Cardillo Move Quotations

Now that the market has made a tremendous upward move and the large cap stocks are at their highs, more people are looking at smaller companies for some better values.

From a 'wall of worries' standpoint, the market needs to be assured that there are no other casualties out there that are going to report weaker earnings, and from an energy standpoint, prices have got to move lower.

I think the market will continue to move higher next week as we sort through the economic numbers. Perhaps the advance won't be as vivacious as it has been, but the upward trend is in place.

I think that the first two weeks of November will be wishy-washy, as we continue to trade in this range we've been in recently that started with the earnings, but as investors digest the month's economic news, which should be positive, we'll be able to move higher again,

I think we're going to see a very choppy market for the next few weeks, as we get closer to the election, unless oil prices move sharply one way or the other.

M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.

There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.

These stocks are the forgotten group -- they continue to stay dormant and move lower, but they actually become a good buy,

Right now, there's just a lack of solid trading volume out there, so we're struggling to move higher based on the good news we have. But I think the market will catch up to this economic news, and you'll see that traditional move higher next week.

The mood remains positive, but I think after the run you've seen, there is the risk as we move deeper into the earnings reporting period over the next week or so, that you have a little selling on the news.

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.

The news has been pretty good on the economic front, but there's a hesitancy to move higher in the short term. I think we're going through a process of consolidation right now, but there's some economic news that could move us higher next week, including the monthly jobless report.

The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.

But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.

Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report.

I do not buy this theory that, you know, the market is going to continue to move higher without the participation of the smaller cap stocks. It's just not in the cards.

The market continues to roar. Psychologically, it means a lot. It means the market will continue to move higher.