The three major U.S. indexes — the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite — had their worst year in 2022 since 2008. The MSCI World Index is the same story, ending the year with its worst performance since 2008.


On the first trading day in 2023, Apple lost its $2 Trillion mark. A year ago Apple's market cap topped $3 trillion. Now it's $1.99 trillion, losing $996.5 billion over the course of a year. But Apple has actually outperformed the S&P 500 for most of the past year. But concerns about Apple's demand have intensified recently, sending its shares tumbling for weeks. Even high-quality stock such as Apple has been down that much, the rest of the market is worse.


However, even in a tough investment environment for the year, our AI strategy Mid Cap & Value style still provides investors an annualized return of 12.24%, comfortably beating S&P 500 return of 10.31% for the past three years.


Chart 1 Mid Cap& Value Style

Within the portfolio, if you would like to know more details on stock picking, there is a perfect example for Plug Power from Chart 2, you can see that our AI strategy is buying PLUG on Nov 7th and selling on Nov 14st making the profit of an impressive 31.33% in just 7 days.


Chart 2 PLUG Example

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