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What is Momentum Trading?
Danny Mac’s out sick but Erique is still delivering the goods! A quick peek at the Watch List is showing a stop to last week’s slide. Erique’s portfolio is leading with the least losses but signs are showing that both portfolios are set to jump soon. Then we talk momentum stocks real quick with Zacks’ Momentum Stock Strategist Dave Bartosiak. Dave breaks down what a momentum stock is and what to look for if you’re interested in shopping a momentum stock for your portfolio.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
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