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.
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.
Citi is providing the main upside impetus, but relief that big industrials like Caterpillar and Honeywell did not repeat GE's concern that last two weeks of March fell apart is also a big help; the dollar has rallied. Today is an options expiration day.
Futures popped right after the close as Google reported strong numbers; up 10 percent. Major indices stable today, despite mixed earnings report. IBM, good, Marriott, ok on strong international sales, but Conway, Nokia and Pfizer were notable disappointments.
The markets might be off to a painful start this year, but new ETFs keep coming out. The latest out just this week is a whole suite of ETFs that track several key international exchanges.
IBM up about 3 percent after the bell to a new multi-year high on earnings that beat expectations. The surge is not just about the beat -- but how they did it: hardware was flat, as expected (there were fears it would be weaker), software was strong, and services (more than half of revenues) were very strong
Now that we are starting to get into the heart of earnings season, the news is looking a little better (thank heavens!). Intel is a big help, but the financials are the key here. After what happened with GE and Wachovia.
Global strategists at Citi have found what they think are the "seven remaining value trades."
BlackRock's chief investment strategist says investors are smart to be nervous but still have to buy stocks.
Scoff if you like but bitcoin, despite its myriad detractors, is getting an increasing level of focus in high finance.