"Anyway, I think the main point I’m trying to make here is that these “momentum” stocks are done for, especially relative to the S&P500. Remember what happened to the Four Horseman in 2008? They all got destroyed. I would expect the destruction in this cycles’ version: FANG, as well as the rest of the momentum stocks to continue well into 2016."
http://allstarcharts.com/momentum-stocks-broken-get/
Momentum Stocks Are Done For?
Moderator: Global Moderator
- buddtholomew
- Executive Member
- Posts: 2464
- Joined: Fri May 21, 2010 4:16 pm
Re: Momentum Stocks Are Done For?
Perhaps this is the mad exodus prognosticators were expecting in bonds except it is occurring in stocks.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Re: Momentum Stocks Are Done For?
Ouch, -3% today for MTUM.