Richard Moroney

At the beginning of a bull market, it's often the most speculative stocks that perform the best and that has been the case over the past year. Now, investment advisor Richard Moroney says its time for investors to shift their focus to higher quality large caps.

What a month! In July, the Dow Industrials were up more than 8.5 percent, the best month on record since October 2002. The Dow Transports gained more than 10.5 percent for July, and both averages are trading at their highest levels in at least six months. Have we left the bear behind? We turned...

With the Dow Jones Industrial ($INDU) average now back above 9,000 for the first time since early January, you may wonder if the market has finally turned around in earnest or if this is simply a bear market rally. The Dow has had an exceptional rally this year. It is now up 34 percent since its...