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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

  • Grains continue to explode: corn up another 1.6 percent today. Cotton, wheat, sugar, hogs, rice all higher — and things like rice actually outperforming stock markets (up 3.5 percent year to date). There's the weak dollar trade and Australian damage to wheat.

  • Apple now down only 2.8 percent for the day on word Steve Jobs is taking another medical leave. Two points on this...

  • This is her first upgrade of a big bank since the 2009 upgrade of Goldman Sachs.

  • Citi was down 4 percent pre-open; after the open, the shares continued to drop. It was especially disappointing because...

  • The Fed Beige Book spent an unusual amount of time discussing inflation. They noted that it has been hard for U.S. manufacturers to pass through higher prices to consumers.

  • What's up with Arch Coal preannouncing negative results? You would think that with global coal demand expanding, and with the Queensland, Australia floods, there would be all sorts of positive comments from coal producers. They're not alone.

  • The market seems to be saying that it is not sure where the growth will come from this year. December was fair, not great; now we are going up against tougher comps, and stocks are more expensive.

  • Home builders are up again today, because Lennar beat estimates. Don't kid yourself: new orders still decreased 5 percent; the bottom line is that across the board — and I mean all the builders — orders have been lousy since the tax cut expired in July.

  • Alcoa has confirmed that the problem with stocks may be more about valuation than about fundamentals. CLSA put it simply after reviewing Alcoa's strong earnings: "We reiterate our Sell rating as we do not see upside from these levels."

  • Alcoa kicks off earnings season tonight. How are stocks positioned on a technical and fundamental level?

  • 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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