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Giovanny Moreano

Quantitative Analyst

Giovanny Moreano is a Quantitative Analyst at CNBC.

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  • Small-cap companies with an almost 400% return Thursday, 28 Aug 2008 | 9:53 AM ET

    So far this year, the Russell 2000 index of small-cap companies continues to outperform the Dow, and the S&P 500.  While most of these companies average only a $1 billion dollar market capitalization, some of their returns are proving resilient to an economic slowdown. 

  • For the week ending Friday, August 22, 2008,  the U.S. major Indices fell for the week on the unknown future of mortgage giants Freddie Mac and Fannie Mae, downbeat home construction July data, and soaring producer prices.  The NASDAQ Composite performed the worst for the week, declining 1.54%, its steepest decline since Independence Day week. However, Friday was a positive day for the markets helped by a welcome speech by Federal Reserve Chairman Ben Bernanke and a pull back in the price of crude. The Dow had three days of triple-digit point gains & losses, netting to finish almost flat for the week.

  • For the week ending Friday, August 15, 2008,  U.S. major Indices finished mixed, after the markets digested negative results including a surge in CPI, a decline in retail sales, and continued expansion in unemployment claims.  The Nasdaq Composite prevailed amongst the major U.S. indices, as it edged up 1.59% for the week, marking its fifth week of gains.   Nasdaq gains were led by bullish comments on Amazon (AMZN) which gained 7.3% for the week.  The likelihood of the eurozone moving toward recession allowed for a stronger dollar against the euro, continued pressure on oil, and a positive impact on U.S. stocks as a potential safe haven.

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