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Upticks - January 2023

Happy New Year to All!

Update

2023 has gotten underway with a far more robust rally than many were expecting to kick off the new year.  Some of this has been difficult to see given Technology’s underperformance and its weighting in the major indices.  Sectors like Consumer Discretionary, Communication Services, Real Estate and Materials are all up more than 5% to start the year, but yet US remains a relative laggard to Europe and most of Asia.

S&P and NASDAQ remain in technical down...

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