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Trader Talk with Bob Pisani

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  Monday, 29 Oct 2007 | 9:12 AM ET

Market Themes: Subprime And Overseas Growth

Posted By: Bob Pisani
A flood of economics and earnings reports will quickly dominate the week; already there are a few companies sounding familiar themes. 1) Subprime bleeds into the current quarter for financials. UBS saying their third-quarter loss would be in line with the lowered guidance they gave earlier this month. »Read more
  Friday, 26 Oct 2007 | 4:44 PM ET

Markets: Next Week It's All About The Fed

Posted By: Bob Pisani
Ending at highs for the week, with both the Dow and the S&P up more than 2% for the week; Nasdaq up nearly 3%. Techs up on Microsoft; energy stocks up on oil, Kerkorian's partial bid for Tesoro, and a belief that global growth will remain strong and not diminish demand for oil; and thrifts up on Countrywide. »Read more
  Friday, 26 Oct 2007 | 1:32 PM ET

Global Growth Slowdown Is Threat To Markets

Posted By: Bob Pisani
With positive comments from Microsoft and Countrywide today, it's time to step back and take a slightly broader view of the markets. The S&P is up 7% this year (and 3% from its historic high). »Read more
  Friday, 26 Oct 2007 | 8:59 AM ET

Bullish Comments On MSFT, CFC Moving Markets

Posted By: Bob Pisani
Two bellweathers in their respective industry have come out with surprisingly bullish commentary, and both have moved the markets. Microsoft's commentary have propelled the perpetual tech laggard to five year highs; to move a $300 billion market cap stock by 12% pre-open is a very rare occurrence. »Read more
  Thursday, 25 Oct 2007 | 4:50 PM ET

The Market's Rate Cut Obsession

Posted By: Bob Pisani
Another late-day rally, this one not quite as robust as the last few days, but still the Dow was at 13,550 at 2 PM ET, so we rallied almost 125 points from that low to close at 13,671. »Read more
  Thursday, 25 Oct 2007 | 2:31 PM ET

Why Market's Placing Faith In Fed Rate Cut

Posted By: Bob Pisani
I noted this morning that the market seems to be placing a lot of faith in a Fed rate cut. Lowry's has noted that over the past three sessions, the Dow Industrials has gained 50, 53 and 68 points, respectively, in the final hour of trading. »Read more
  Thursday, 25 Oct 2007 | 9:25 AM ET

Motorola Beats Street And BofA Cuts

Posted By: Bob Pisani
Futures trading up as Motorola beat expectations and guided upward while EMC was in line and both are up nicely pre-open. There's strength in Europe, strength in Asia, third Quarter GDP in China rose 11.5%. That was in line with expectations. Chinese stocks are the only major market down in Asia, down 5%, probably on worries that more rate hikes are likely. »Read more
  Wednesday, 24 Oct 2007 | 1:57 PM ET

Wall Street Now Faces Issue Of Trust

Posted By: Bob Pisani
The "kitchen sink" theory is out the window. There's a trust problem developing on the Street. Remember a few weeks ago traders drove up the stocks of companies like Citigroup, even though they did take very large losses for subprime and CDOs? »Read more
  Wednesday, 24 Oct 2007 | 12:01 PM ET

Why Bonds Are Up And Stocks Are Down

Posted By: Bob Pisani
Bonds are up midday, stocks are down on: 1) The disappointing housing numbers, where the inventory for existing home sales is now over a 10 month supply.2) Disappointment with some tech earnings. Broadcom, which makes chips for set-top boxes and cable modems, down big on higher expenses; »Read more
  Wednesday, 24 Oct 2007 | 10:18 AM ET

Merrill: What Can They Say?

Posted By: Bob Pisani
As we wait for Merrill's conference call to begin in a few minutes, traders are wondering what could be said that would move the stock off its lows. Note that despite Merrill's big writedown, its exposure to CDOs and the subprime market remains fairly substantial.  »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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