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Trader Talk with Bob Pisani

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  Monday, 3 Dec 2007 | 1:35 PM ET

Wall Street: Will Paulson's ARM Plan Really Work?

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Treasury Secretary Paulson has been floating a plan to help people whose Adjustable Rate Mortgages (ARMs) are resetting at higher rates. The Street, for the most part, supports the plan, but does it really change the fundamentals of the housing industry? »Read more
  Monday, 3 Dec 2007 | 11:07 AM ET

Paulson Speak Moves Markets

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Dow up 40 points, S&P up 4 points since Treasury Secretary Paulson has been on talking about efforts to help homeowners who are facing mortgage resets. Nothing new here; but the image of Paulson talking about problems are helping the markets. »Read more
  Monday, 3 Dec 2007 | 9:47 AM ET

Street Talk: What's The Value Of Plummeting Assets?

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One of the biggest problems the Street has is that no one knows how to value assets that are plummeting: in particular mortgage backed securities and their derivatives, and (to a lesser extent) land in markets that are experiencing severe downturns. »Read more
  Monday, 3 Dec 2007 | 9:24 AM ET

Markets Still "Thinking" About A Recession

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Despite last week's relief rally and a widespread belief that the Fed and the executive and legislative branches of government are working on solutions to the subprime mess, there are still Street analysts cranking out reports on the probability of a recession. »Read more
  Friday, 30 Nov 2007 | 4:35 PM ET

Market At The Bottom? Signs Appear Positive

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Stocks, particularly financials, rose today for the fourth day in a row. Is this the bottom of the market? It's not clear, but the signs are more auspicious than they have been in a while. consider: 1--economic news this week, for the most part, has been poor, giving the Fed cover to lower rates. »Read more
  Friday, 30 Nov 2007 | 11:42 AM ET

Bulls Believe Day Will End With Gains

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Will the rally hold? For the first time in weeks, at least half the traders I've talked with think we will end the day with gains, though perhaps not at the highs. Bulls say: 1--We have broken the "sell in the last hour" mantra in the last two days. »Read more
  Friday, 30 Nov 2007 | 11:09 AM ET

Financials' Rally Spurred By Bernanke, Paulson

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Banks and mortgage companies have been rallying today on the positive comments from Ben Bernanke and word that Treasury Secretary Paulson has been meeting with loan servicing companies and other executives in the mortgage industry to work out a plan that would extend lower, introductory interest rates on home loans before they reset at higher levels. »Read more
  Friday, 30 Nov 2007 | 9:05 AM ET

Bernanke, Paulson: Giving Traders What They Want

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Traders got what they wanted: 1) Bernanke sounded like Don Kohn, and 2) Paulson is taking the reigns and indicating he is trying to stop the subprime crises from spreading. 1) Bernanke: In his speech last night, Bernanke made it clear he was worried about the direction of the economy. »Read more
  Thursday, 29 Nov 2007 | 4:12 PM ET

Markets Do Nothing? That's Just The Way To Go

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Today is a victory for bulls, and all sane, right-thinking people. All right, I'm exaggerating, but really I am very pleased with nothing happening. Why? 1) A big rally would have most certainly been sold off late in the day by bears fed up with the jubilant. »Read more
  Thursday, 29 Nov 2007 | 9:20 AM ET

Market Bottomed Out? Yes (Bulls) No (Bears)

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So is this is a tradable bottom or just a head fake? Bulls point to the still-huge short position in financials, the large cash positions, and the hopes that the strength of the rally will suck in other players looking for a last year-end play to add a point or two to their bottom line profits. »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.
  • A CNBC reporter since 1990, Pisani reports on Wall Street and the stock market from the floor of the New York Stock Exchange. Follow him on Twitter @BobPisani.

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