What Did You Buy Today?

[fenders53]

(01-07-2021, 04:11 PM)NilesMike Wrote:

(01-07-2021, 12:55 PM)fenders53 Wrote: Gotta decide if this is gambling or investing.  There will always be a MOMO stock you wish you bought last year.  Bubbles pop and good companies take 10+ years to get back to even if you are holding the bad.  The backdrop is right for EV again, but I know I already missed the bus.  I'm am not going to get a 10 bagger buying now.

There are studies out there that have proven momentum to be the only edge in stock trading.

I believe that to be true.  It's sure not fundamentals more often that not when trading.  Both sides of that momentum knife edge are sharp though.   I'm just not chasing EV for an investment right here.  Most of the past few years have been wonderful for momentum trading.