Cardillo’s Corner

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 […]