Posts from Sunday Jan 23 2011

FTfm on AV

Some highlights from Monday’s FTfm.

Momentum effect gains new admirers
Buying winners and selling losers is gaining popularity with the launch of a new class of ETFs and mutual funds based on momentum strategy. Data stretching back more than a century indicate stocks that have performed well in one year tend to outperform the market in the following 12 months, with losers, more often than not, continuing to disappoint. Read more