Trader Talk with Bob Pisani

Bob Pisani

Bob Pisani
CNBC "On-Air Stocks" Editor

A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market for nearly 20 years. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before becoming Stocks Correspondent in 1997.

In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.

In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."

In 2014, Pisani was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."

Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.

Follow Bob Pisani on Twitter @BobPisani.

More

  • Broker watching market decline

    Flight to quality day: The U.S. market, when it opens on a down day, will usually stabilize after 10am ET. That didn't happen today, it just kept dropping, which encourages more shorts.

  • Left Coalition Party Leader, Alexis Tsipras

    Alexis Tsipras, the head of the Left Coalition party in Greece, has just been handed a mandate to form a government and he's entering global politics with a bang. He's declared the bailout deal dead — and he's likely right.

  • View over the caldera of Santorini in Greece.

    That didn’t take long: New Democracy, the conservative party, has already given up on forming a coalition; they have now passed the torch to Syriza (the Left coalition), which won the second largest number of votes. The chances they will form a coalition is small as well.

  • NYSE Trader

    The market has had a bid all night. European banks in particular are now in the green. Well, that didn't take long. Yesterday, at about 5 p.m. ET, traders were predicting an ugly down day. Not happening.

  • It was a lousy day for stocks, but not a panic day. Volume at the NYSE just average today. And yes the VIX was up 9 percent today, but look a little farther out: July VIX futures only up 2.9 percent, November 1.6 percent.

  • Out of Work

    Stock futures moved in an 11-point range in about 3 minutes on confusion over the April nonfarm payrolls reports (115,000 vs. 168,000 consensus). The March revision — to 154,000 from 120,000 helped assuage the miss ... but is the trend improving or deteriorating? Even traders are confused.

  • Facebook

    My heavens, the frenzy has begun on Facebook. You would think they were giving the stuff away. "Probably the greatest IPO no-brainer of all time," one trader said to me. Huh? How is that?

  • Since hitting an historic high on April 3, the Morgan Stanley Healthcare Payers Index (HMO), a basket of managed care stocks, is down 16 percent.

  • Mario Draghi

    European stocks dropped, the euro rose as European Central Bank chief Mario Draghi spoke. Draghi said that the latest spate of weak economic data highlighted the "prevailing uncertainty."

  • Where are we now? Man, what a mess — it's confusing. So let's recap what is happening.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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