A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for more than a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
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, Bob 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.
Uh-oh, looks like big sales are coming. November Retail comp store sales are disappointing. RetailMetrics started off the month estimating gains of 2.6 percent for November compared to the same period last year, but by the end of the month it was down to 2.2 percent, and the final numbers may be even worse. It looks like about 75 percent are missing expectations; normally 60 percent beat expectations. Ugh!
Traders will have their eyes on the nation’s retailers tomorrow as they report their November same-store sales numbers. Although a strong back-to-school season and an early flurry of cold weather helped boost retailers’ sales in September and October, November has been another story despite the very easy comparisons to last year’s figures.
Retail spending for Black Friday was up 0.5 percent, about as expected. Traffic was much better than last year, but the average person in that mall spent a bit less.
Stocks must trade at some multiple of earnings acceptable to investors, and the numbers are coming down faster than usual.
Retail: good or bad?
Doubleline's Jeff Gundlach has entered the ETF business. His DoubleLine Total Return Tactical ETF had a respectable debut Tuesday.
Big indices are far above their 50-day moving averages. When these indices get too far from that average, there is a reversion to the mean.
Most analysts have rarely met a stock they didn't like, or at least weren't willing to hang out with for a while.
Some energy-linked stocks have sold off unfairly, presenting a good buying opportunity, according to a renewables pro.
The U.S. may not be as strong as investors think because it is growing overly dependent on the consumer for economic growth, Jim O'Neill tells CNBC.