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Bespoke: S&P 500 Winners Remain Winners, Losers Remain Losers

FYI: The average stock in the S&P 500 was up less than 1% in the month of May, but there were obvious winners and losers. Basically, the stocks that had the most upside momentum coming into the month continued to post nice gains, while the stocks with the most downside momentum continued to post losses.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/winners-remain-winners-losers-remain-losers/

Comments

  • Err...WTF? What went up and didn't go down went up. What went down and didn't go up went down.

    From(Be)hind(Spoke).
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