Momentum Stocks Are Done For?

Discussion of the Stock portion of the Permanent Portfolio

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Reub
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Momentum Stocks Are Done For?

Post by Reub » Fri Feb 05, 2016 3:20 pm

"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/
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buddtholomew
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Re: Momentum Stocks Are Done For?

Post by buddtholomew » Fri Feb 05, 2016 4:05 pm

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.
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ochotona
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Re: Momentum Stocks Are Done For?

Post by ochotona » Fri Feb 05, 2016 8:12 pm

Ouch, -3% today for MTUM.
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