Richard Moroney, CFA, is the editor of Dow Theory Forecasts and the Upside newsletter; the vice president of research for Horizon Publishing Company; and vice president and portfolio manager of Horizon Investment Services, a money management company. He is the inventor of the proprietary Quadrix® stock-rating system. Called "An Intellectual Heir to Charles Dow" by his peers and the press, Mr. Moroney is sought out for his accurate forecasts on the market and specific stocks by major news organizations and business groups. He has appeared on CNN, CNBC, and Sky Radio and is often quoted in Barron's, Investor's Business Daily, SmartMoney, Business Week, The Washington Post, The Chicago Tribune, and the Chicago Sun Times. Mr. Moroney holds an MBA in finance from the University of Chicago.
Utilities remain one of few pockets of the stock market to hold up in a tumultuous 2022. While the S&P 1500 Index has shed 5% this year, the S&P 1500 utilities sector has slumped 3% — fourth-best among the index’s 11 sectors, observes Rich Moroney, editor of Dow Theory Forecast.
For most of their lives, my kids never wanted to talk about my work. But with one son two years out of college and another two years in, the issue of investment strategy has started coming up in family conversations, notes Rich Moroney, editor of Dow Theory Forecasts.
Henry Schein (HSIC), the world’s largest dental distributor, provides products ranging from implants to abrasives to dental tools to chairs and lights, explains Rich Moroney, editor of Dow Theory Forecasts.
With each week seemingly adding a new brick to the wall of worry, UnitedHealth Group (UNH) offers investors some shelter from a potential economic storm, asserts Rich Moroney, editor of Dow Theory Forecasts.
At mid-year, Richard Moroney of Dow Theory Forecasts highlights some of the best performers and their current outlook on these Top Picks for MoneyShow.com.