People are alternately fascinated with and repulsed by the concept of momentum. In actual practice, momentum stocks are a small part of what I do for individual clients but they are one of the most important sub-sectors of the market I follow. They are the fear/greed gauge writ large for the whole shooting match.
Today on CNBC, my blogfather Howard Lindzon and I had a chance to make some sense of why there is always a small group of stocks that just seem unstoppable no matter what the analysts say. Herb Greenberg will have to furiously comb through their 8-ks before he can get to sleep tonight after this segment, 🙂
Tags: $NFLX $SODA $QQQ $LULU $CMG