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Trader Talk with Bob Pisani

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  Wednesday, 19 Dec 2007 | 11:31 AM ET

Hot IPO: NetSuite Boosts Price Range Again

Posted By: Bob Pisani
What's up with NetSuite, due to go public at the NYSE tomorrow? The company, which provides business management software, has boosted its IPO price range for the second time in as many days. »Read more
  Wednesday, 19 Dec 2007 | 9:09 AM ET

Earnings Disappointment From Morgan Stanley, General Mills

Posted By: Bob Pisani
Most companies this morning reported disappointing earnings, and a few highlighted the impact of inflation on their bottom line. 1) Morgan Stanley reported a loss of $3.61 vs. a consensus of a loss of $0.39. »Read more
  Tuesday, 18 Dec 2007 | 2:05 PM ET

U.S. Stocks: Lackluster Year From Overseas Investing

Posted By: Bob Pisani
As we near the end of the year, the S&P is up a measly 2 percent. If it ends here, it will be the worst year since 2002. One reason for a lackluster year in stocks has been the complete and utter indifference of the Ameican investor to U.S. stocks. To be blunt, U.S. investors are sticking all their cash in overseas funds. »Read more
  Tuesday, 18 Dec 2007 | 10:49 AM ET

Stocks: Law Of Supply (Plenty) And Demand (Lacking)

Posted By: Bob Pisani
Two consecutive 170 point losses in the Dow. Supply of stock for sale seems to be plentiful, and demand seems to be lacking. If lack of liquidity during the last two weeks of the year has been one reason the market has had the jitters, then the ECB's $500 billion injection should be a big help. We are modestly higher, but it's the energy stocks leading, not financials. »Read more
  Tuesday, 18 Dec 2007 | 9:25 AM ET

ECB "Injection" Boosting Stocks, Pressures Bonds

Posted By: Bob Pisani
Merry Christmas! The ECB's decision to inject half a trillion (trillion!) into the global marketplace (technically, they are providing what is essentially unlimited loans at a fixed fate for the next couple weeks) is definitely giving equities a shot in the arm this morning. This should put some pressure on bonds, lower LIBOR rates, and maybe prop up the dollar a bit. »Read more
  Friday, 14 Dec 2007 | 1:17 PM ET

Financial Stocks: When Is It Time To Buy?

Posted By: Bob Pisani
As I have been doing my 2008 predictions, I've talked to several dozen of my best sources about what they are expecting next year. The number one question has been, is this the time to buy financials? So let me take a stab at this. »Read more
  Friday, 14 Dec 2007 | 12:08 PM ET

Citi Getting Mostly Positive Nod From The Street

Posted By: Bob Pisani
Citi taking approximately $45 billion of SIV assets onto its balance sheet today is generating a tidal wave of debate--much of it positive. Mid-morning, Goldman Sachs upgraded Citi's debt (not the stock) to Outperform. Analyst Louise Pitt had this to say: "While we expect further losses from CDO and mortgage exposure in coming months... »Read more
  Friday, 14 Dec 2007 | 9:01 AM ET

Citi's SIV Move Gets Mixed Reviews On Street

Posted By: Bob Pisani
Futures drop about 6 points on CPI stronger than expected. Elsewhere: 1) Following HSBC and others, Citi said that it's bringing its $49 billion in SIV assets on its balance sheet. Taking this exposure onto their balance sheet can be viewed as a surprise--they had previously indicated that they would not take on any exposure beyond the $10 billion in liquidity funding they provided to the SIVs. »Read more
  Thursday, 13 Dec 2007 | 10:31 AM ET

Markets Could Have That "Positive Feeling" Today

Posted By: Bob Pisani
How will the markets trade today? There are several positives: strong retail sales, LIBOR rates down slightly, lack of negative earnings commentary. Drew Matus at Lehman Brothers notes that the strong retail sales... »Read more
  Thursday, 13 Dec 2007 | 9:18 AM ET

PPI Shows Inflation Still Strong, But LIBOR Rates Are Down

Posted By: Bob Pisani
LIBOR rates are down today, admittedly only slightly; but it's a start. Asian markets closed down about 2 percent; Europe also down about 2 percent. Retail sales and jobless claims good, but Producer Price Index indicates wholesale inflation stronger than expected. »Read more

About Trader Talk with Bob Pisani

  • 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, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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