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.

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  • earnings_central_badge.jpg

    Topline beats take back seat to positive 2010 commentary. Six big names beat earnings estimates: Apple, Coke, Pfizer, United Technologies and Caterpillar all beat on the bottom line.

  • A strange day ... volume is light, trading desks are not busy ... but the markets keep melting up as the dollar hovers near new lows.

  • The weaker dollar, predictably, is pushing up commodities across the board: metals, fertilizers, coal and energy up across the board.

  • The close on Friday, a big earnings day, was less than stellar. Volume was poor, and two stocks were down for every one that advanced.

  • Galleon is another black eye for Wall Street—but could it be argued that these are outliers? OK, you can bring up Bayou, but couldn't it be argued that most managers are ethical?

  • What's next? Neiman Marcus selling kruggerands? Tell me this isn't a top in gold: this week, the famed Harrod's department store in London announced that it would be...selling gold.

  • Futures drop as traders lighten up on crowded longs. S&P futures weakened after 6:30 AM, when our parent General Electric came out with earnings, and have weakened further as the morning has gone on.

  • IBM: more sell on the news…. down 5 percent after the close…earnings and guidance was just not enough, it’s a simple as that.

  • earnings_central_badge.jpg

    The problem for financials: the best have already reported. It's simple: Goldman Sachs and JP Morgan have reported, it doesn’t get any better than that. They are the highest quality companies. From here, the news will likely be tougher.

  • earnings_central_badge.jpg

    Buy the rumor...sell the...Goldman Sachs down 3 percent pre-open, S&P 500 futures dropped 10 points right after Goldman reported earnings far better than expectations ($5.25 vs. $4.24). Even topline was better than consensus: $12.37 billion vs. $11.02 billion.

  • 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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