Are Momentum Stocks Losing Momentum?

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Never mind how the U.S. stock market is posting modest year-to-date losses close to 2%. Momentum stocks are up and so is risk taking. A comparison of the iShares MSCI USA Momentum Factor ETF (NYSEARCA:MTUM) – a good proxy for the risk appetite of bullishly trending stocks – versus the S&P 500 (SNP:^GSPC) shows that momentum stocks have not …

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