Cardillo’s Corner

November 11, 2020

Wall Street gains in pivot back to tech, crude extends its rally

NEW YORK (Reuters) – U.S. stocks advanced and crude prices extended their rally on Wednesday, on hopes of potential COVID-19 vaccines and economic revival, though spiking […]
November 11, 2020

Peter Cardillo on the US presidential election affect on the markets

In conversation with ET Now, Peter Cardillo, the Chief Market Economist at Spartan Capital Securities LLC talks about the current market situation with the news of […]
November 9, 2020

Dow futures climb 150 points after Biden defeats Trump for White House

U.S. stock futures added to their post-election gains on Sunday evening after Democrat Joe Biden defeated incumbent Donald Trump in the U.S. presidential election. Futures for […]
November 6, 2020

¿Cómo reaccionan los mercados de valores a las elecciones?

Una semana muy positiva han tenido los mercados de valores, en Estados Unidos. Mientras avanza la contienda política por la Casa Blanca, la bolsa de Nueva […]
November 6, 2020

Instant View: U.S. job growth slows in October, unemployment rate drops

NEW YORK (Reuters) – U.S. employers hired the fewest workers in five months in October, offering the clearest evidence yet that the end of fiscal stimulus […]
November 5, 2020

Global markets climb amid indecisive political situation in the United States

Global stock markets surged on Wednesday, continuing to monitor the results of a dagger-drawn US presidential election between Donald Trump and Joe Biden, while Congress is […]
November 5, 2020

Treasurys Keep Rising On Covid-19 Resurgence, Election Results — Market Talk

Treasurys rally, sending the 10-year yield down to 0.754% from 0.768% Wednesday, as a resurgence of Covid-19 triggers risk aversion, Spartan’s Peter Cardillo says. Cardillo adds […]
November 4, 2020

Volatility To Be The Norm As Votes Are Counted — Market Talk

The days ahead look “subject to volatility and wide gyrations as the votes are still being counted,” Spartan’s Peter Cardillo says, “in spite of the Nasdaq […]
November 4, 2020

Wall Street on course for sharp gains as election hangs in balance

(Reuters) – Wall Street’s main indexes were set to open sharply higher on Wednesday as the race for the White House went down to the wire, […]