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

  • Hornbeck Offshore Services, Noble, Hercules Offshore, Diamond Offshore and other deepwater drillers all rallying modestly midday, as a federal judge has blocked the offshore drilling moratorium imposed by the Obama administration.

  • Walgreens, Rite Aid at 52-week lows. The Walgreens conference call ended earlier. Bottom line?

  • Europe is weaker as Standard and Poor's is warning of mounting losses at Spanish banks: "Mainly because of our greater loan loss expectations for the real estate sector, we have raised our estimates for systemwide loan losses from 2009 through 2011," analyst Elena Iparraguirre said.

  • Financial "regulator" reform enters endgame. It's the regulator who matters. It is ultimately not so much what the bill says, but how the regulators — in this case, the Federal Reserve — interprets the rules.

  • Visa and MasterCard staging modest midday rally on word that Rep. Barney Frank will seek to keep the the cap on debit card "swipe" fees that was approved by the Senate—but will also make some changes...

  • China's announcement that they are loosening the trading bands on the yuan is good for the trade imbalance with the United States, but traders think that the idea we should all rush out and buy, say, Caterpillar or BHP Billiton just on this...is probably incorrect. Here's why.

  • The Shanghai Index rose 2.9 percent, and most European bourses are up 1 to 2 percent as China has allowed the yuan to rise against the dollar for the first time since 2008.

  • The economic news has been terrible this week (housing, jobs), but the S&P 500 is up 2.4 percent. How to account for that? Some point to the reduced headline risk in Europe (Germany has had an amazing week, it's only about 1 percent from a 52-week high!), and perhaps reduced headline risk from BP helped at the margins. But the driving factor is likely this...

  • Several stocks moving on index adds today. Transocean up 8 percent today. Offshore drillers are stronger, but the outperformance is because RIG was added to the Swiss stock index at the close of trading in Europe today. Then there's Citigroup...

  • Europe mostly flat (Greece up 2.3 percent), euro behaving, U.S. futures were calm ahead of the quadruple witching expiration. Spanish bank Banco Santander is up 1 percent on several pieces of news...

  • 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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