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.
Stocks move to highs of day; NAHB survey helps. The NAHB homebuilder sentiment index came in at 19 — 3 points better than consensus and up 4 points from March. This is the highest level since September and helped push stocks to their highs for the day.
Earnings season starts off well, strong buying trend continues. The wave of money continues to wash over the stock market. Bank of America and our parent company General Electric will be reporting tomorrow. Both are again trading on the upside, both at new highs, a day after JPMorgan reported stellar earnings. Here are the facts on banks so far...
Stock futures slipped a bit as continuing claims, at 484,000, was worse than the 458,000 expected. This is disappointing, but there is only one reality right now: the wall of money coming into stocks. And it is a force very difficult to fight against. We get additional economic indicators today...Capacity Utilization, Industrial Production, Philly Fed.
Sitting at the highs of the day with less than an hour to go in the day. Look at the market internals: 1) Greatest number of new highs on the NYSE since 2003 (!!) 2) 3-1 advancing/declining stocks 3) Dow Industrials and Dow Transports again hit new highs simultaneously. But wait—there's more...
JPMorgan moves S&P futures up 3 points, then got an additional modest boost as March Retail Sales came in better than expected. Just a few days into earnings season, it's 3-1 in favor of the bulls: that's three positive reports from Intel, CSX and JPMorgan, and a disappointment from Alcoa. Also: Goodbye, fertilizer profit?