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.
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Four positive signs for stocks: 1) Stocks remain in an uptrend, with small, multi-month breakouts in energy, materials, and techs. 2) More bullish strategists. Several strategists — including Pequot's Byron Wien and BlackRock's Bob Doll — have said stocks will be higher this year, though most others remain bearish. And more...
We begin the "real" New Year with stocks at a 6-week high, and the S&P 500 24 percent above its November 20 low. Now let's see if we can change leadership: health care and consumer stocks have generally outperformed in the past few weeks, though recently industrial stocks have improved. A shift toward less defensive names would be a welcome development.
European shares are up 2% despite some bleak economic reports out of the U.K. today. A survey performed by the country’s largest mortgage lender showed home prices plunged 16% in the fourth quarter from a year ago. That was the sharpest decline in at least 25 years.
An end-of-year rally today (albeit on fairly light volume once again) pushed the S&P 500 into positive territory to end the month. December’s 0.8% gain snaps three straight monthly declines for the index. Here’s how the 10 S&P 500 sectors ended the year.
Who said there’s no Santa Claus? The markets appear to be showing a bit of a Santa rally so far this year. Since the close on Dec. 23, the S&P 500 has rallied 3.5%. According to the Stock Trader’s Almanac, since 1950, the S&P has averaged a 1.5% gain during the last 5 days of December and first 2 days of January. However, despite this year’s Santa Claus rally, the S&P is still down 39%, its worst decline since 1931.
Alibaba is turning the page on its new era...by closing the book on investors.
A theory about Alibaba's impact on other IPOs may get its first test on Thursday.
Energy stocks fall as Brent Crude oil falls to a 17-month low amid lower demand and plentiful supply.
Alibaba's IPO is getting strong demand, raising questions whether the e-commerce giant will increase the size of its offering.
Blackstone is aiming to raise about $16 billion for its latest buyout fund, the Wall Street Journal reported, citing sources familiar with the matter.
Investors are "little behind the curve" on interest rates, Wharton's Jeremy Siegel tells CNBC.
Art Cashin of UBS says investors are repositioning themselves ahead of Alibaba's IPO.