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.

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  • In another sign the deficit committee is impacting the markets, stocks have rallied off their lows on a single headline from Senator Max Baucus, a member of the deficit reduction committee: "We're still going forward" implying negotiations were ongoing, citing a "new idea."

  • capitol_building_dark_skies_200.jpg

    Another market debacle, and with good reason: the apparent failure of the deficit committee means another 12 months of uncertainty over deficit reduction and the direction of tax policy. That is a clear negative.

  • U.S. futures and European stocks are just off their lows for the day on more tail risk in Europe and the failure of the U.S. debt-reduction committee to come to an agreement.

  • I am out of the office today, Friday, on assignment but I will return on Monday with new posts on the market. See you then.

  • Another midday drop out of nowhere, this time during the lunch hour, when the Dow dropped 140 points in a few minutes.

  • Occupy Wall Street Protests

    France's Sarkozy wants the European Central Bank to get a banking license, the back door way to turn on the spending spigot; Germany's Merkel is opposed.

  • european_union_cracked_200.jpg

    Banks weaker late day as Fitch is out with a report on U.S. bank exposure to Europe.

  • A number of refiners are weak today. In the long run, it may be good news for consumers. Crude oil transporter Enbridge announced it was going to buy Conoco's 50 percent stake in a pipeline that ran from Freeport, Texas, to Cushing, Okla., for $1.15 billion and reverse the flow of oil.

  • Ireland and European Union

    October Consumer Price Index fell 0.1 percent, a little lighter than expected, core CPI up 0.1 percent, in-line with expectations. Headline inflation now up 3.5 percent year over year (2.1 percent ex-food and energy), but the big worry: crude over $100. Headline CPI will not be so tame if that continues.

  • Another lackluster equities trading session on light volume. The issues: 1) Traders do not believe that movement on the political front in Italy and Greece will not translate into fiscal and structural changes in those countries any time soon.

  • 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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