Peter Cardillo of Spartan Capital Securities LLC speaks DOW’s dramatic rebound

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Peter Cardillo of Spartan Capital Securities LLC speaks DOW’s dramatic rebound

‘Couple of factors are here. One we are at the end of the quarter and so we have institutional window dressing and then the fact that we have a very sharp rise in oil prices at 8% so that basically caused a short route covering and the market obviously condition and these to factors have propelled the market higher today’ says Peter Cardillo of Spartan Capital Securities LLC Listen in!

Source: https://www.timesnownews.com/videos/news/world/peter-cardillo-of-spartan-capital-securities-llc-speaks-dows-dramatic-rebound/19067