Trends
Risk-On Momentum Prevails As February Winds Down
The premise of the momentum factor draws on an empirical fact - price trends persist, until they don’t.
aluxum
The premise of the momentum factor draws on an empirical fact: price trends persist… until they don't. The latter point is the tricky part, and so it's never quite clear when the party will end and a trend reverses. But based on the numbers th... [2007 chars]