The Club's worst performing stocks in 2022 helped fuel January's rally. Can it last?

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Investing Club: The Club's worst performing stocks in 2022 helped fuel January's rally. Can it last?

Wall Street finished the first month of 2023 on a high note, with the S & P 500 rising 6.2% for its best January performance since 2019. Leading the way were many of 2022's biggest losers, in sectors like technology and communication services — a reversal of fortunes that's also played out in the Club portfolio. The 10 worst-performing stocks in Jim Cramer's Charitable Trust in 2022 climbed an average of 21% in January. That compares with a slide of 46.7% for all of last year.

In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen.Wall Street finished the first month of 2023 on a high note, with the

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Morgan Stanley’s Mike Wilson warns the stock market’s January rally could end this weekA surprisingly good start for the U.S. stock market in 2023 is likely to fade this week as the Federal Reserve is set to announce its eighth consecutive rate... The Crystal ball is out again 😉
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »