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.


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    Put simple: there is a blend of a weakening growth picture combined with a continued flare up of the main problem: excessive global debt levels and how do to deal with them.

  • The higher commodity prices have been a double-edged sword for U.S. companies...

  • I'm not trying to gild the lily (OK, I am) but this is not that bad. When the jobs report came out at 8:30am ET, I was quite sure the Dow would be down at least 200 points at the open, likely more.

  • Some think not as bad as the open. The thinking is that most who really wanted to sell did it using futures at 8:30am ET, and at the open at 9:30am ET.

  • Futures dropped 17 points as June nonfarm payrolls came in at 18,000 — well below expectations of 125,000. Private payrolls only grew 57,000, also disappointing. To top it off, April and May numbers were revised lower as well.

  • Two stock-positive announcements come on the heels of the surprisingly strong ADP jobs report this morning, which is causing many to revise their June nonfarm payroll estimates upward

  • The bulls are in a technical heaven right now: S&P 500 up 7 of last 8 days...only 1 percent from a multi-year high...market leader Apple less than 2 percent from an historic high...historic highs in the Dow Transports...if nonfarm payrolls are a significant upside surprise (as the ADP implied) the market will rally again.

  • One important point: a lot of retailers no longer report monthly numbers, so this is not a complete picture.

  • On Thursday, some 65.6 percent of NYSE Euronext shareholders backed the $9.4 billion takeover of the company that owns the NYSE by Deutsche Boerse, based on preliminary vote results from the NYSE. The final vote results are expected on Friday. Here's a brief fact sheet...

  • NYSE Euronext shareholders will vote on their merger with the Deutsche Boerse tomorrow (Thursday) morning at 8am ET. Fifty percent of the shareholders must approve the merger. The Deutsche Boerse shareholders can tender their shares up until July 13th; they need 75 percent shareholder approval. Here's a brief fact sheet...

  • 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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