Description: Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Source: Yahoo.Finance.com – video report
Date: Jan 08, 2020
Questions for discussion:
- Explain the title of this report.
- What are the obstacles investors should look out for if they follow this strategy?
- Do you think Apple is a good choice?