A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for more than a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
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, Bob 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.
With the euro relatively stable against the dollar and the yen (though weaker late in the morning), most European indices are up 2 to 3 percent. This may be partly due to comments from the Organization for Economic Cooperation and Development, which raised its growth forecast for this year and 2011.
The new SEC rules on the single stock circuit breakers were published today in the Federal Register. This now begins a 10-day public commentary period, which are due on or before June 3, 2010. Elsewhere, this has all the characteristics of a quiet summer day; but given the recent volatility, that is being greeted with relief rather than yawns.
"Texas Rangers file for bankruptcy after sale fell through" is a hot topic on trading desks the past half hour, even though they have been expected to file, and even though it appears to be a prepackaged bankruptcy. Maybe it's because Yankees Alex Rodriguez is the top unsecured creditor...
How big is the inventory of homes for sale? Fairly high, judging by April Existing Home Sales. We don't really know how big the shadow inventory levels really are, i.e., we don't know how to predict how many people will decide to put their homes up for sale on any given month. The headline Existing Home Sales figure was excellent, but...
This morning (Monday), Lowry, the US' oldest technical analysis service, echoed this theme, telling clients that "the temptation may be strong to conclude that perhaps, just this once, things are, in fact, different and the market has fallen into a new bear trend without the historical forewarnings of a major top."
Euro weaker again as the Bank of Spain is taking over CajaSur, a thrift that has high levels of property loan defaults. While Europe is weaker, it has come off their lows, as have U.S. stock futures. Oil higher, copper higher, gold higher. Elsewhere: Still trying to figure out where the financial regulatory bill will come down...
What’s ahead? Traders expecting choppier markets for the rest of the year. Remember what happened: going into May, traders were not only long the market, they were short volatility... Now the volatility bets are off. They were forced to buy volatility for the past couple weeks, culminating in a buying frenzy this week.
Believe it or not, these big Chinese companies like Alibaba, the biggest e-commerce retailer by far, have not been represented in global indices.
Square was a canary in the coal mine for "unicorns" like Snapchat, Dropbox, and Pinterest.
The company raised $243 million, 25 percent less than what they had aimed for.
The NYSE is the latest exchange to announce it will no longer accept stop orders and good-till-canceled orders, beginning in February.
Three mid-level bankers in Goldman's tech investment banking group have left to take positions at ride service company Uber.
For a big group of stocks within the S&P 500, performance trends have been either decidedly positive or negative.
We asked the "Fast Money" traders what they were thankful for this Thanksgiving. Joe Terranova said, "The next 5 minutes."