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Investment Strategies / Mechanical Investing
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Author: rayvt 🐝  😊 😞
Number: of 3959 
Subject: Re: Medical Devices Screen
Date: 05/27/2023 5:54 PM
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Similar to my previous post, I am wondering if anyone has been following the Medical Device screen posted pre-Shrewd and how it performed post-discovery and as well for the past year.

Since Jan 2021....not great so far.

S&P500 up 12.4% and this down -13.8%

It got creamed in 2022, but up 13.6% in 2021 (vs. S&P500 up 25.8%)

YTD 2023, up 9.7% vs S&P up 9.5%

One of the market people* I read has been remarking that there is a bull market in the largest cap tech(ish) stocks but mostly everything else is hurting. So QQQ +30.8%, QQQE +15.1%, S&P500 +9.5%

* Doug Albo on seekingalpha
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