Economist Believes Market Will End Higher as Options Expire




TheStreet TV show

Summary: Peter Cardillo, Chief Market Economist at Rockwell Global Capital believes stocks could close higher this afternoon as options expire. Cardillo also thinks last weeks' dismal jobs report is an aberration and the economy is actually recovering quite well. He points to the mostly positive earnings from the companies that have already reported earnings and the previous jobs reports. Today's higher volume is attributed to options expiration day.