Cardillo’s Corner

January 29, 2020

Climbs, More Earnings Are Due and Fed Decision Looms —

By Barbara Kollmeyer U.S. stock futures pointed higher on Wednesday, with technology set to take the lead on the heels of a record quarter reported by […]
January 28, 2020

‘Bolton bombshell’ could shake up Wall Street, investing experts say

“Expect banks, pharma and energy to lead market volatility if Bolton is called,” said one analyst. By Martha C. White The odds of a lengthy impeachment trial […]
January 28, 2020

Wall Street set to recover after turbulent Monday

(Reuters) – U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the […]
January 27, 2020

Le January 24, 2019

January 27, 2020

Oil prices had weakened even before coronavirus scare: Peter Cardillo, Spartan Capital

After Iran-US flare-up subsided, we saw oil prices fall and get technically weak. Oil prices are unlikely to breach 52-week lows. We will probably approach them […]
January 27, 2020

Here’s why the stock market may be overreacting to the coronavirus threat

Stocks opened lower on Monday, with the Dow Jones Industrial Average down more than 500 points, or 1.8%, after confirmed cases of the coronavirus rose over […]
January 27, 2020

Peter Cardillo of Spartan Capital Securities on coronavirus taking a toll on the markets & more

2020 started off with the US-Iran issue and now coronavirus is taking a toll on the markets. What is the outlook for the commodity as well […]
January 27, 2020

U.S. Stock ETFs Retreat on Fears Over the Virus Outbreak

U.S. markets and stock ETFs tumbled Friday as the threat of the coronavirus outbreak weighed on investor sentiment. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was down […]
January 27, 2020

US STOCKS-Wall Street loses ground as China virus…

By Stephen Culp NEW YORK, Jan 21 – Wall Street backed away from all-time highs on Tuesday as investors returned from a holiday weekend to face […]