Bob Pisani, NBR, CNBC.com’s Posts

earnings

Fourth quarter earnings have generally been above expectations. But 2016 wasn’t exactly a banner year for earnings.

market

The Dow Jones industrial average is on the verge of passing 20,000. Here’s the primary reason why.

nyse

Stock ownership is increasingly concentrated in the hands of the wealthy.

Oil glut drops crude prices

Well, this wasn’t supposed to happen. Oil was supposed to be down big if there was no Doha agreement, right?

traders nbr

While the sudden moves in the Chinese currency—and the concurrent concern about a slower economy—are the main cause of China’s stock market volatility, the country’s stock market structure may itself be exacerbating the selloff.

China freezes U.S. fund

China tested its new system-wide circuit breaker last night. The good news is it works. The bad news is the circuit breakers themselves may be part of the problem.

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Federal Reserve Chair Janet Yellen listens during a reception for her on Capitol Hill in Washington.

Thank you, Janet Yellen, for finally taking a side and clearly stating that an interest rate hike seems likely sometime this year. And thank you for finally clarifying the sudden emphasis that was placed on developments abroad in the last FOMC statement. Specifically, thank you for this clarification: “The Committee is monitoring developments abroad, but …

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With the jobs report out of the way, it’s time to look ahead. Two developments next week may impact markets: 1) China economic data, and 2) the start of the analyst conference season. Next week there will be a raft of China data that will get a high degree of scrutiny, including Trade (9/8), CPI/PPI …

Wall Street

Were the Federal Reserve minutes really that that dovish? Was it worth a 14-point rally in the S&P 500 in the middle of the day, even if the embargo was accidentally broken?

Brad Quick | CNBC
A mile-long train loaded with coal rolls out of the Spring Creek Mine in Montana headed for Detroit.

The news in the commodities business is not showing any signs of improving.

Chris Ratcliffe | Bloomberg | Getty Images

There’s something strange going on in Tech Land. On Friday, the Nasdaq Composite hit a historic high and the Nasdaq 100 made multi-year highs, but breadth was negative with three stocks declining for every two advancing. Huh? Historic highs for the Nasdaq, but more stocks declining than advancing? That is a weird divergence, and there’s …

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No wonder the U.S. stock market has lagged this year. Investors are putting all of their money into international funds and ETFs. TrimTabs founder Charles Biderman called me to lament that the only marginal buyer of U.S. stocks are the companies that issue the shares themselves. The good news: Biderman noted that U.S. corporations continue …

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While Alcoa is not the big name it used to be, and it is arguable that the earnings season does not really start until banks begin reporting next week, it still represents the kickoff to earnings season, at least among old-timers. And since we have a huge new data sandbox to play in, I asked …

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Traders work on the floor of the New York Stock Exchange, Feb. 20, 2015.

The markets were obsessed with a stronger dollar Tuesday. The source of the concern is fairly obvious: the Fed unwinding quantitative easing is a primary catalyst for the rally in the dollar and (to a certain extent) the collapse in commodities. The fear is that stocks could be next. In one sense, the obsession is …

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Traders work the floor of the New York Stock Exchange.

We’ve seen a notable breakout, but still no signs of profit taking. It’s been one heck of a month for equities. Not only do we have historic highs in the S&P 500, S&P Midcap, and Russell 2000, but every major index is up 5 percent or so. Major Indices in February: NASDAQ: up 5.7 percent …