Trader Talk with Bob Pisani


  Monday, 15 Oct 2007 | 4:46 PM ET

Market Story Simple: Citi And Eaton Dominate

Posted By: Bob Pisani
It's a pretty simple story today: Citi and Eaton. Citi, because they spoke about the need to raise reserves for potential losses in the credit area (reviving concerns about a consumer burdened by debt) and Eaton because they lowered Q4 guidance. »Read more
  Monday, 15 Oct 2007 | 12:48 PM ET

Citi Comments Weigh Heavy On Financials

Posted By: Bob Pisani
Here's a look at the midday weakness: a) Citigroup comments on deteriorating consumer credit is weighing on financials. Oil at new highs helping energy but hurting transports. »Read more
  Monday, 15 Oct 2007 | 8:55 AM ET

Subprime Still Dominates Markets, Banking

Posted By: Bob Pisani
Here are my thoughts this Monday morning: 1) Citigroup's earnings were about in line with their own drastically reduced guidance they gave a couple weeks ago. Fixed income was poor as expected, and consumer delinquency rates continue to uptick. International posted strong revenue growth (up 30%) Conference call at 8:30. »Read more
  Friday, 12 Oct 2007 | 4:15 PM ET

China Betting Consumer Slowdown Not Global

Posted By: Bob Pisani
Active trading today in NASDAQ big caps (Google , Apple, Amazon, Apple), international oil companies, and Chinese stocks. Chinese stocks? Chinese Communist Party holds their annual meeting next week (no I'm not going), Hang Seng in Hong Kong and Shanghai index hit historic highs yesterday. »Read more
  Friday, 12 Oct 2007 | 2:56 PM ET


Posted By: Bob Pisani
Mark Haines and I spoke with NYSE CEO John Thain this morning about the future of the NYSE floor, what the NYSE will be buying next, and other topics: Will the NYSE buy the NYMEX? I asked Diego Perfumo, who covers global exchanges for Equity Research. »Read more
  Friday, 12 Oct 2007 | 9:13 AM ET

Market Moves Up, But Inflation Worries Exist

Posted By: Bob Pisani
Here are my thoughts this morning: 1) Producer Price Index is hot, above expectations, but core (ex-food and energy) below expectations, retail sales stronger than expected, so market has moved up on this because it watches core inflation and is happy retail sales are stronger than expected. »Read more
  Thursday, 11 Oct 2007 | 4:16 PM ET

Stocks Down But Bulls Shouldn't Cry

Posted By: Bob Pisani
No love from the stock market today, and frankly, not even the most rabid bulls (and I am bullish) can complain. Think about it: September retail sales was even worse than were thought; many retailers lowered earnings: energy stocks lowered earnings yesterday... »Read more
  Thursday, 11 Oct 2007 | 2:58 PM ET

Stocks Fall On "Snowball" Effect

Posted By: Bob Pisani
Here’s a good example of what can happen on a low volume, low volatility day. Small, disconnected events can snowball, short-term technical levels can breached, and suddenly the S&P is down 20 points in 30 minutes. »Read more
  Thursday, 11 Oct 2007 | 11:18 AM ET

Retail "Food Fight" Eating Up Stocks?

Posted By: Bob Pisani
A real food fight breaking out over the September retail sales numbers. No hiding the facts: they were below expectations, which had already been lowered. Men's Warehouse, American Eagle, Target, Limited, Nordstrom, JC Penney lowered earnings; Kohl's said earnings would be at the low end of the range. »Read more
  Thursday, 11 Oct 2007 | 9:46 AM ET

Retailer's Surprise: Lower Guidance

Posted By: Bob Pisani
September comparable retail sales were generally lower than expected, even after numbers were lowered in the last week. Apparel companies like Limited, Chico's, Abercrombie, Gap and Limited missed, but so did Target, as did the department stores like Saks and Nordstrom. »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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