Andrew Rocco - Author for 24/7 Wall St.
Lastest Stories by Andrew Rocco
US equities have been on a tear over the past few months. In fact, until it occurred on August 2nd, the S&P 500 Index had not suffered a 1% drawdown for more than two months. Unfortunately for...
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Innovation Breeds True Market Leaders If you’re searching for the next true market leader, it can be not easy to pinpoint one thing that they will all have in common. Because each cycle is...
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The year-to-date returns for the major US Market Index ETFs are as follows: Nasdaq 100 ETF (QQQ) +44.51% S&P 500 Index ETF (SPY) +20.27% Russell 2000 Index ETF (IWM) +12.56% Dow Jones Industrial...
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General Market Indices Fitch Downgrade Wednesday, US stocks got hammered after the Fitch rating agency downgraded the US government’s debt rating from the best rating of AAA to AA+. What does...
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Chinese Economy: Self-Inflicted Wounds? The Chinese economy and equity market have been slumping for months now. China’s real estate market, which was once on fire, is suffering from the undoing of...
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Consult a chart of any of the major indices and it’s not difficult to identify the primary trend. Currently, every US market is above the 200-day moving average, is up double-digits year-to-date,...
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Based on the market’s excess bullish sentiment, seasonality and earnings reactions, it may be a time for investors to go fishing.
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Here are five reasons natural gas has turned the corner.
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Though most of the software group is far off their highs, earnings are expected to print record highs in the coming years.
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Entering 2023, many investors were skeptical after the drubbing that US markets took in 2022. Inflation soared, geopolitical tensions came to a fever pitch, and earnings fell. Last year tech stocks...
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