Peter Cardillo Quotes

There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.

- Peter Cardillo

Tags

Volatility | Downside | Long | Weekend | Money |

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This does open the door perhaps for an intra-meeting interest rate cut... We could see a cut over the weekend. - Peter Cardillo

Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive. - Peter Cardillo

Obviously they (investors) are going to focus on the Fed but a rate cut is priced in. The focus will be on the economy and signs that the first batch of interest rates are finally taking hold. - Peter Cardillo