| The stock market is on a tear this year. Since the calendar flipped over to 2023, the S&P 500 Index rose more than 8% in just five weeks. Tech stocks, as reflected by the Nasdaq Composite Index, gained nearly twice that amount. That's great news for all the buy and hold index investors that took a bath last year. Another couple of months like January and last year will be all but forgotten. However, the odds are against another couple of months like that in February and March. A more likely scenario is reversion to the mean, with stocks leveling off until the next big round of quarterly results are released April. Read More... |
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