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 2017, Pisani was honored with a Lifetime Achievement Award from the Security Traders Association of New York for "dedication to the Association and the Industry."

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.


  • Bob Pisani is in California on vacation and will return Tuesday, September 26.

  • During a presentation by the World Gold Council at a meeting of wealthy private individuals and their representatives, it was asked how many in the room had either bought gold for the first time or increased their position in the last two years. Eighty percent raised their hands.

  • Stocks opened slightly higher, once again following Europe’s lead—but this time to the upside. European markets are up 1 percent to 2 percent this morning, shrugging off S&P’s downgrade of Italy’s sovereign debt last night.

  • The title of this year's gathering has the august-sounding title of "Designing a course of action for affluent families in the midst of revolutionary and evolutionary global transformation," but it could be more appropriately titled "The risk-off trade and how you can protect yourself."

  • Of course it's kick the can, but a lot of money can be made between here and the Resolution, or the Apocalypse.

  • The announcement of coordinated central bank action to provide support for European banks needing access to dollar-based loans highlight a very key difference between European and U.S. banks: European banks are far more reliant on short-term borrowing to fund their operations than U.S. banks.

  • While the trading since August have been full of volatility and high volume, for the most part that has not translated into notable stock outperformance for the major exchanges. There is an exception: the CBOE.

  • "I'm running the lightest portfolio of my life, and I'm delighted about it," one trader told me this morning, sheepishly admitting he is 70 percent in cash. With a pile of puts.

  • Traders are trying now to connect the dots on two pieces of information.

  • Stocks have moved to their highs for the day, as the Greek government has said, "All agreed Greece will remain in the eurozone" and "Greece PM vows to take all necessary measures on budget commitments."

  • 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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