Momentum Stocks Are Done For?
Posted: 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/
http://allstarcharts.com/momentum-stocks-broken-get/