Cardillo’s Corner

November 26, 2018

Dow falls more than 150 points, posts worst Thanksgiving week decline since 2011

Shrinking global economy takes inflation risk out of the equation, strategist says from CNBC. Stocks fell on Friday as some of the most popular technology shares […]
November 23, 2018

Oil slide pulls Wall Street lower

(Reuters) – U.S. stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were […]
November 21, 2018

Wall Street sells off again

U.S. stocks sold off for a second day as energy shares dropped with oil prices and retailers, like Target and Kohl’s, tumbled after weak earnings and […]
November 21, 2018

JIN Financial News TV Interview

November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.
November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.
November 20, 2018

DJ Oil Slides Further as Equities Fall

• U.S. oil prices took another leg lower Tuesday afternoon after President Trump emphasized strong ties with the Saudi Arabian government. • Light, sweet crude for […]
November 16, 2018

Wall St set for mixed open after retail earnings

By Sruthi Shankar Nov 15 (Reuters) – U.S. stocks were set for a mixed open on Thursday, with hopes of a trade negotiation between the United […]
November 16, 2018

Wall Street sell-off turns to rally as hope returns

WASHINGTON (AFP) – US stocks snapped a four-day losing streak on Thursday (Nov 15), surging out of the red as oil prices stabilised and a Wall […]