Good start for tech in 2023

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Good start for tech in 2023 

A good start for tech but is this a good or bad sign.  Are prices being pushed so that the whales can make money off the minnows.


So far this year, the Nasdaq100 is up every single week.

It's largest components are driving the overall market higher.

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Look at those returns so far in January.

Heck those would be amazing annual returns for a lot of these names.

This type of behavior early in the year is perfectly consistent with some of the best years on record for the stock market.

It's called the January Barometer, "As January goes, so goes the rest of the year".

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