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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 2017, Pisani was honored with a Lifetime Achievement Award from the Security Traders Association of New York for "dedication to the Association and the Industry."

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

  • wallstreet_sign_red_traffic_light_200.jpg

    The BATS IPO: an epic embarrassment. They will be studying this one in business schools for years.

  • KB Homes

    The Street is abuzz about home builder KB Home's disappointing numbers. Right across the board — orders, closings, margins, profits — all were below expectations. What's going on?

  • KB Homes

    Is the housing market weaker than we expected? What happened to KB Home? Down 13 percent pre-open. It reported an 8 percent DECREASE in new home orders! Huh? We were expecting 20 percent to 30 percent INCREASE.

  • Cloud computing has been all the rage recently in IPOs, but tonight a different IPO prices: a stock exchange! BATS Global Markets (ticker: BATS) plans to sell 6.3 million shares in the $16 to $18 range.

  • Will retail investors ever start putting money into the stock market? There's been only modest indications of positive flows into U.S. equity funds this quarter, even with stocks at multiyear highs.

  • glass_half_full_200.jpg

    Global growth: Today, the glass is half empty. The big issue: What side of the global growth story are you on for the U.S., China, and Europe? In recent weeks, news has been on the optimistic side. Today, there are more cautionary signs.

  • magnifying_glass_cloud_200.jpg

    The hot IPO this week is — what else — another cloud computing-type company, looking to price 8.5 million shares from $15-$17 tonight (Wednesday), for trading tomorrow. It will certainly price above that.

  • China

    OK, has everyone calmed down on China? Did you see that Australia RAISED its estimates for iron ore exports — most of which go to China — by nearly 3 percent? Get the point? Some very big money is betting on a soft landing in China, not a hard landing. Iron ore imports will continue to grow, just at a slower pace than the 24 percent average growth it saw between 2000 and 2010.

  • I bet Ian Ashby, the president of BHP's iron ore division, is scratching his head over the reaction to his comments that iron ore growth from China would be slowing down to single digits. Global stocks were down on this comment, with key material and industrial stocks down two to three percent.

  • 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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