V.11:4 (156-161): Leo Fasciocco: Investor's Business Daily by Thom Hartle

Leo Fasciocco: Investor's Business, Daily by Thom Hartle

Investor' s Business Daily columnist Leo Fasciocco came by his expertise in the market the way STOCK & COMMODITIES has always emphasized — research, research, research. As a financial journalist first for the Philadelphia Evening Bulletin and then U.K. wire service Reuters in New York, Chicago and in Los Angeles, Fasciocco joined Investor's Daily (as it was called then) at the very beginning, where he has been writing the regular stock market column since. Fasciocco has also written a series of articles designed to educate ,the average investor, tackling topics such as relative strength, earnings per share rank, various technical points on stocks, industries and the market itself. STOCK & COMMODITIES Editor Thom Hartle spoke with Leo Fasciocco on January 22, 1993, via telephone, speaking about, among other topics, his body of work and his views of the market and trading itself.

There have been some short bull markets, maybe about 10 months, and some long ones, maybe about 50 months. So there is a variety.

Leo, tell us a little about yourself.

I took a position as a business writer on the Philadelphia Evening Bulletin newspaper after I graduated from college. I went from there to work for Reuters [a British wire service], where I was until 1984. In 1984 I joined William O'Neil when he started Investor's Daily, where I've been since, writing the market column.

You also write on subjects that can be helpful to traders and investors, don't you?

Yes. Investor's Daily was so innovative and had so many tools in it that the average reader had never seen before that the editors asked me to write a series of articles on educating investors. So I wrote about relative strength, earnings per share rank, various technical techniques on stocks and industries and the market itself. I did about one of those articles a week.