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Trader Talk with Bob Pisani

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  Friday, 21 Sep 2007 | 9:02 AM ET

Energy Gains Give S&P Needed Boost

Posted By: Bob Pisani
No economic data today but it is quadruple witching expiration, the quarterly S&P rebalancing, and we are approaching the end of the quarter. The good news: for all the worries, the S&P 500 is up 1.02% for the quarter (as of yesterday). The bad news: without the big gains in energy, the index would be down 0.05%. Energy is the biggest sector gainer, up 9.8%. »Read more
  Thursday, 20 Sep 2007 | 4:02 PM ET

Mixed Market Messages

Posted By: Bob Pisani
  Thursday, 20 Sep 2007 | 10:52 AM ET

FedEx Delivers -- With Caveat

Posted By: Bob Pisani
As suspected FedEx beat estimates for their first quarter but lowered full year guidance. Recall that they introduced fiscal 2008 guidance last quarter of $7.00-$7.40, but today lowered it to $6.70-$7.10. CEO Frederick Smith said that the global economy was solid "outside the U.S." but that "financial market volatility and high energy costs" increased uncertainty around the economic outlook. »Read more
  Thursday, 20 Sep 2007 | 8:44 AM ET

How Goldman Blew Out the Numbers

Posted By: Bob Pisani
Goldman, as the Street suspected, blew out the numbers.  How did they do it?  Through their traditional strength -- trading and principal investments, like FICC and equities. »Read more
  Wednesday, 19 Sep 2007 | 5:42 PM ET

Momentum Continues -- But for How Long?

Posted By: Bob Pisani
The positive momentum continues, with 2-1 advancing to declining stocks. Charles Biderman at Trimtabs.com called to say that mutual funds had $10.4 billion in inflows yesterday, the biggest since Jan 4, 2001. That money was put to work today, for the most part. »Read more
  Wednesday, 19 Sep 2007 | 9:35 AM ET

Pisani: Shorts and the Fed 'Set Up'

Posted By: Bob Pisani
Traders are incensed that the Fed's move was unanimous a few days after a number of Federal Reserve officials implied they were at best neutral on a rate cut, and many reiterated they would not bail out bad investments. »Read more
  Tuesday, 18 Sep 2007 | 11:30 AM ET

I'm On Assignment, See You Wednesday

Posted By: Bob Pisani
Sorry for this late update, but I'm on assignment Monday and Tuesday, so I won't be blogging. But I'm back on Wednesday-- and I'll see you then. »Read more
  Friday, 14 Sep 2007 | 9:00 AM ET

U.K. Liquidity, China's Rates Weigh On Markets

Posted By: Bob Pisani
Several issues weighing on the markets today. Liquidity issues again coming to the fore, this time in the U.K. 1) Northern Rock, the 4th largest mortgage company in the UK, has sought emergency funding from the Bank of England because it won't be able to roll over obligations that are coming due over the next few weeks. »Read more
  Thursday, 13 Sep 2007 | 12:45 PM ET

Today's Moves: Sign of Volatility to Come?

Posted By: Bob Pisani
The sharp and sudden moves we have seen this morning are indicative of the volatility we will see as we go into the Fed meeting and the quadruple witching expiration next week. Much of the Street is short the market, and the sudden short covering moves indicate that shorts are indeed very nervous. Bulls say they have reason to be nervous. They point to the following factors... »Read more
  Thursday, 13 Sep 2007 | 10:37 AM ET

Trading the Next Two Days

Posted By: Bob Pisani
While the general feeling is that this will be a quiet two days due partly to the Rosh Hashanah holiday, there is a fly in the ointment: next week's quadruple witching expiration (the quarterly expiration of index futures and options, and individual stock futures and options) coupled with the Fed meeting has a lot of traders nervous about expected high levels of volatility... »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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