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Expect Choppy Waters (VIX, DJI)
Friday, May 21, 2010 - 5:21pm | 126Read More...CNBC'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 - 9:54am | 134Read More...According 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 - 1:58pm | 111Read More...Exxon (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 - 3:20pm | 91Read More...The 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-...
