Ford and DBMFord stock is now up about 16% so far this year, which is surprising given some of Wall Streets concerns about the car market as a possible recession looms. (same concerns for DBM). The most probable cause of Fords rise is just how badly the stock did in 2022, plummeting more than 40%. (DBM similarly) Seeing last years losers rise in January isnt all that unusual. Looking ahead, investors will have to remember that the January rally isnt because things look great for the industry. Ford (and DBM) could rally the rest of the year, but that will depend on improving fundamentals, and not January tax-trading.