2022 was a huge year for energy stocks, but so far, in 2023, the sector’s performance has been underwhelming. The energy sector underperformed the broader market in January, with the Energy Select Sector SPDR Fund (XLE) returning just 2.8%. Thus far, February is off to...
Amid rising interest rates and a drastic rotation out of technology, fintech stocks have taken a beating recently, vastly underperforming the overall market. Many fintech names are also feeling the pressure from the recent plunge in digital currency prices resulting from the FTX bankruptcy. Meanwhile, competition...
Whether you think that the bottom is in for stocks or not, there’s no denying that, over the long run, the market has a history of rebounding and moving higher. That’s especially true for the stocks that have big growth potential. However, along with the...
2022 produced a performance chasm between value and growth equities, with value recapturing the lead following a strong run for growth in recent years. As interest rates rose rapidly in 2022, with the fed funds rate now around 4.3%, we saw downward pressure on higher-valuation assets,...
One area of the market where stocks can be found to produce 10x, even 20x returns, regardless of what’s happening elsewhere in the market, is biotech. Looking at the performance of the past ten years, if the biotechnology industry were a sector, it would be the...