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.
Futures drop on GDP; can "preliminary" numbers really be trusted? Good news! The decline in second quarter GDP was better than expected (down 1 percent). It's the fourth drop in a row (the longest since quarterly records began in 1947). So why did S&P futures drop about 5 points on the news?
Ah, we're back to the Good Old Days...of last week. Stock futures have been higher all night...the dollar is down after a two-day rally, the Shanghai Composite Index has rallied 1.7 percent after dropping 5 percent yesterday after the People's Bank of China assured investors that they would keep a relatively loose monetary policy, commodities are rallying...initial jobless claims were about inline with expectations.
Many traders believe that day traders are a factor in the market's resilience. Under this theory, traders come in mid-morning and short the market aggressively, but many must cover by the end of the day, which has created a natural upward bias.
Companies that provide laboratory services are down late in the day on talk that the the new Senate Finance Committee bill on healthcare will contain a co-pay for labs that will save some $20 billion over 10 years, which may put pressure on profits of those companies.
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.