Quote:Simple S&P 500 Dip-Buying In 2023 Would Have Beaten The Average Hedge Fund: A dip-buying strategy on the S&P 500 would have returned 8% in the first quarter of 2023, considering that there have been 28 red days and 0.3% return in the session that followed each one. That’s substantially more than the average return provided by hedge funds this year. The Global X Guru Index ETF (NYSE:GURU), an exchange-traded fund investing in the highest conviction ideas from a select pool of hedge funds, is up by just 1%.A Plain And Simple Dip-Buying Strategy On The S&P 500 Would Have Beaten Many Hedge Funds In 2023
Quote:Tech stocks are poised for a strong year, with growth names looking particularly attractive, according to Marc Chaikin, founder and CEO of . What Happened: Joining Benzinga’s PreMarket Prep on Thursday with hosts Dennis Dick, Joel Elconin and Mitch Hoch, Chaikin highlighted several companies with bullish power gauge ratings, including the following. Airbnb Inc (NASDAQ:ABNB) DocuSign Inc (NASDAQ'Go Off The Beaten Track,' Market Guru Says: Buy Growth NamesOCU) Pinterest Inc (NYSE
INS) Roku Inc (NASDAQ:ROKU)