As we noted in our End-of-Day wrap, the momentum meltdown continued today...
In fact as Goldman's trading desk notes, their high beta momentum pair is now down 10.55% from the highs after a blistering ~87% rally since early 2024.
As we noted in our End-of-Day wrap, the momentum meltdown continued today...
In fact as Goldman's trading desk notes, their high beta momentum pair is now down 10.55% from the highs after a blistering ~87% rally since early 2024.