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.
Approaching the close, the Dow has cut its losses almost in half...the five financial-oriented stocks in the Dow (B of A, Travelers, JP Morgan, AmEx, and our parent General Electric) are responsible for a negative 40 points in the Dow; but with the exception of some weakness in energy (Chevron, ExxonMobil), most other sectors are flat to down 1 percent.
Mixed morning as the Fed begins its two-day policy meeting. Traders are sounding a bit more pessimistic this morning, noting that the put/call ratio is at .70 (7 puts for every 10 calls), a sign that traders are very bullish. Traders believe these indicators, when they are at the higher end of their ranges, often indicate at least a short-term market top.
Freddie Mac up nearly 100 percent after reporting its first quarterly profit in nearly two years (excluding the dividend payment to the government). A change in accounting rules, lower funding costs, lower provisions for credit losses, and gains on the company's derivative portfolio were all factors.
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.