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Chart of the Day: This Year's Winners are Last Year's Losers

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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. 

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