×

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.

More

  • A third round of quantitative easing? Several comments from Ben Bernanke made traders believe that the Fed would continue to provide some support to stock prices, even after QE2 ends.

  • If Federal Reserve Chairman Ben Bernanke's goal was to appear to be in control of the press conference, to control the supposedly rapid Washington press corp, and to lay out some rationale for his policies, than he should be pleased with his performance. By most any standards, it was a fairly sedate affair. Stocks rose.

  • Bernanke spoke on the economic outlook, long and short-term; gasoline prices; the weak dollar; unemployment; and more.

  • The economic outlook, at 2:15pm ET, may be more of a market mover. Many traders feel that the Fed should should tweak growth and unemployment a bit lower.

  • Just back from the BTIG trading desk, and the general sentiment is: Mr. Bernanke will stick to his message and despite attempts to get him off that by reporters, he will avoid deviating.

  • First, there's little doubt they will launch a tender offer for NYSE after Thursday's board meeting. NYSE officials have made no secret that NYSE chief Duncan Niederauer will launch a spirited defense of the their decision to stay with the Deutsche Boerse proposal. Nasdaq has to launch an aggressive bid, even if hostile. They have no choice.

  • earnings_central_badge.jpg

    So far this year, 140 companies have raised or initiated dividend. Here's another way to look at this...

  • earnings_central_badge.jpg

    Halfway through Q1 earnings, there's already a clear pattern emerging...

  • Obviously, NYSE CEO Duncan Niederauer will make his case for the Deutsche Boerse deal and likely provide more color on merger synergy and cost savings, but some believe the two will attempt to make some further sweetener to entice shareholders. Which begs the biggest question: why has DB not raised its bid?

  • According to KBW, average daily volume in cash equities in April is tracking 10 percent below March. Year-over-year, volume in Q2 so far is tracking 11 percent lower than Q2 last year.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

Wall Street