Saturday, April 01, 2023

The Stock Markets Soared in Q1-2023!

 📈🐂Market Update for Friday March 31, 2023🐻📉

The Dow, SPX, Nasdaq & Russell 2000 gained 0.4%, 7.0%, 16.8% and 2.3%, respectively.

Buffett's Berk/B fell 0.1%!

BRK/B is Warren Buffett's Berkshire Hathaway Class B Shares



DJIA  Dow Jones Industrial Average

S&P 500

Nasdaq

IWM is iShares Russell 2000 ETF

Interesting return data from a Ryan Detrick tweet
"This is interesting.

When the S&P 500 gained >7% in Q1, the full year has never been lower.

That is 16 out of 16 times the full year finished in the green, up 23.1% on avg."

I asked Ryan,
"What does the data look like if you use 6.0% or even 6.5%.  Perhaps a nit, but this data is really for returns of 8.0% or higher."
II Sentiment : Bulls / (Bulls+Bears) vs S&P 500 - 1998 to Now 



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