Peter Cardillo Rise Quotations

We had a little surprise with the Bush announcement right away and that gave us a little hope, but the market is still faced with all the same problems that have hurt us for weeks,

A hefty rise at the core rate would upset stocks investors.

If the CPI core rate shows not much of a rise then the market will be able to just focus on good earnings. It will show that the Fed is staying ahead of the inflation curve, which is a positive for the market.

If the Fed doesn't at least hint that a pause could be on the way, I think that would surprise the market.

If oil prices continue to rise and there's an escalation of the situation in the Middle East, the question would come up, are we headed for some type of OPEC embargo and where would that send prices. It seems like all of the negative news that possibly could be surrounding the oil market is at hand.

I wouldn't be a bit surprised to see this market sell off. We could see a 5 percent correction.

I would not be surprised to see this market register a new high, perhaps closing at a new record high. But then we'll probably see some sort of a pullback.

We can't continue to have oil prices rise without impacting prices and economic activity. Somewhere along the line it will have a negative impact.

All of these crises are getting serious, and what the (U.S.) market is experiencing is a crisis of confidence.

It doesn't surprise me. We all know the House is going to vote to impeach the President. The fact is that economic times here in the United States are still quite good.

The rebound is due to many of the sectors moving higher and a big portion of this rise is due to Hewlett-Packard (on the Dow). What the market is telling us is, this morning we panicked but this is probably just an isolated situation and a temporary situation for Intel.