Today’s Chart of the Day is from @CharlieBilello on X and shows that last year’s losers (in red) are this year’s to-date winners (in blue) and vice versa.For instance, “growth” stocks were down 30% last year, but are up 32% so far this year. This is typical in volatile markets and shows the value of making a plan and sticking to it, riding out both good and bad times. Notably, also shown from the S&P 500 equal weight performance, the “average” stock is only up 1% year to date, vs. the overall market, which is up 16%. This demonstrates that only a few stocks have carried the rest of the market.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.
