Trader Talk
- Thursday, 9 Feb 2012 4:02 PM ETBy: Bob Pisani
Market looking tired? Look at all the positive news we have had today: 1) Tentative Greek deal 2) Good jobless claims 3) Apple up 4 percent 4) Mortgage bank settlement 5) Bank of England continues to pump money into their economy. And the market is doing nothing. » Read more - Thursday, 9 Feb 2012 12:16 PM ETBy: Bob Pisani
Greek union leaders are not part of the Greek political coalition. Another 48-hour strike called for tomorrow and Friday. We still do not know exactly what Greek political leaders have agreed to. » Read more - Thursday, 9 Feb 2012 9:14 AM ETBy: Bob Pisani
The euro bounced, stocks rallied shortly after 8 a.m. ET on word that Greek political leaders had reached an agreement on the terms of the bailout package. They have reached an agreement — but is it just among themselves? Is it the deal the “troika” wanted? » Read more - Wednesday, 8 Feb 2012 4:05 PM ETBy: Bob Pisani
Good news! Eurozone finance ministers have been summoned to Brussels Thursday to discuss the Greek debt deal. The only thing missing: a Greek debt deal. » Read more - Wednesday, 8 Feb 2012 2:31 PM ETBy: Bob PisaniBig problem for ECB: Irish finance minister says if ECB offers discount on Greek bonds, that will strengthen Ireland's effort for concessions. This is Draghi's worst nightmare: one comes knocking, and they all come knocking. » Read more
- Wednesday, 8 Feb 2012 11:34 AM ETBy: Bob Pisani
By 11am ET, it had traded 3 million shares, 166 percent of its initial offer of 1.8 million shares. That means many shares have already been bought and sold several times in the first half hour of trading. » Read more - Wednesday, 8 Feb 2012 9:15 AM ETBy: Bob Pisani
The incredible shrinking Greek politicians: all three Greek political parties have reportedly received the document laying out the terms of the bailout. The leaders are supposed to meet today...but the meetings have been postponed. Several times. In a single day. Still no agreement on proposed 25 percent cuts in private-sector wages, cuts in supplementary pensions, and the extent of closure of state controlled organizations. » Read more - Tuesday, 7 Feb 2012 12:58 PM ETBy: Bob Pisani
Another day of high drama in Greece, with an uncertain outlook. Global banks like Macquarie and UBS are warning that business prospects are poor for 2012. And yet, the major U.S. indices are again near multiyear highs. » Read more
ABOUT TRADER TALK
Direct from the floor of the NYSE, Trader Talk with Bob Pisani provides a dynamic look at the reasons for the day’s actions on Wall Street. If you want to go beyond the latest numbers— Bob will tell you why the market does what it does and what it means for the next day’s trading.
BIO
A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for nearly a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997. Read his full bio here.
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