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

  • It seems this report will be submitted to the joint advisory committee for their consideration. But this was a high-profile report and the public is looking for what, if any, action the SEC should be taking...

  • Start of the quarter usually brings in slightly stronger volume; on July 1, the NYSE Consolidated Tape did 6.7 billion shares, one of the heaviest days of the year. The key stat this morning is China's September PMI...

  • The S&P 500 ends September up 8.9 percent, close to its best showing in over 70 years. 2) inflation vs. deflation. 3) double dip vs. no double dip. 4) QE2 vs. no QE2. And there's more...

  • The Flash Crash report is imminent. The good news: it will finally be out, likely tomorrow. The bad news: the SEC is unlikely to point to a single "smoking gun" as the cause of the decline, and the laundry list of immediate "action items" is likely to be fairly short.

  • Stocks reverse after strong September. Volume picked up a bit in the S&P 500 ETF (SPY) a short while ago as the S&P dropped below 1140, which was the lows of yesterday (this is called an outside reversal day). What's going on? Several issues...

  • Stocks inched up after the open Thursday, as the third estimate for Q2 GDP came in at 1.7 percent, slightly higher than consensus. Initial jobless claims for the week were also slightly better than expected. September: stocks and commodities rose, dollar hits lows for the year.

  • IPO desks, which have had a miserable year, are salivating over the success of the Petrobras deal, which raised $67 billion in the largest secondary offering ever. Not so fast, skeptics have been telling me.

  • Tepper is bullish on stocks and feel the risk reward is on the upside. Why? Because the Fed is your friend. Quantitative easing (QE) is going to trigger a move out of bonds and into stocks. But a number of traders say this is exactly the problem.

  • The S&P futures had moved a bit higher at 8:30am ET, as durable goods ex-transportation came in higher than expected (up 2 percent vs. 0.6 percent expected); headline durable goods was also a tad better than expected. Also, the prior month's 0.3% gain was revised, upward, now showing a 0.7% increase.

  • Based on the "body language" of government officials, traders assembled for the Securities Traders Association annual meeting in Washington are concluding that the Flash Crash Report is unlikely to include a long list of items that need to be changed immediately.

  • 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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