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Market Droppng On Worries Of Insider Trading Probe
Tuesday, December 7, 2010 - 4:29pmAccording to CNBC's Bob Pisani, a Reuters article headline says that the markets are dropping sharply on worries that the insider trading probe is going to be expanded. The Dow was up as high as 90 points today, and at last check, was up 13 points to 11,375.
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Expect Choppy Waters (VIX, DJI)
Friday, May 21, 2010 - 5:21pmCNBC's Bob Pisani is reporting that traders are expecting choppier markets for the rest of 2010. This is somewhat of a surprise given the dramatic selloff in 2008 and then the dramatic comeback in 2009. The consensus was that 2010 would be a calmer year with slow and steady gains. Well, the...
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Sell-Side Analysts Are Blowing It: CNBC (TJX, LTD)
Friday, February 5, 2010 - 9:54amAccording to CNBC’s Bob Pisani, competent sell-side analysts are a rare breed nowadays. He pointed out the glaring low quality of January retail same store sales predictions. A number of retailers outperformed the predictions by a wide margin. Limited (NYSE: LTD) recorded 6% growth in contrast to...
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Exxon (XOM) Shows Upstream Growth
Tuesday, February 2, 2010 - 1:58pmExxon (NYSE: XOM) is faced with good as well as bad news. According to CNBC’s Bob Pisani, Exxon’s oil production has shown positive growth. Keeping in view that analysts have pointed out the 6 to 8 percent a year decrease in oil production, the increase in oil production is a major achievement....
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Bernanke, Greece Bid Well For Market
Monday, January 25, 2010 - 3:20pmThe markets have reacted positively to the growing certainty of Fed Chairman Ben Bernanke’s reappointment. In another development, Greece also got the 5-year note auction off. Reacting to this positive news, Markets are trading in the green territory. Greece registered strong demand for its 5-...
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