Daily 10 momentum stocks - 19 April 2018

Discussion in 'Stocks' started by AndersenBands, Apr 18, 2018.

  1. Top 5 momentum stocks of the S&P 100 are: $MON $BKNG $OXY $CVX $HAL

    Bottom 5 momentum stocks of the S&P 100 are: $BAC $WFC $PEP $IBM $BMY
     
  2. Why do you think that CVX is in Top 5?
     
  3. Thanks for asking. This list is an inter-market ranking of the SP 100 using statistically-based momentum.The recent rally from nearly 110 to just under 125 was a significant increase in short-term momentum when compared to the other index constituents. Hope that answers your question.
     
  4. traider

    traider

    What is statistically based momentum?
    Any formula?
     
  5. Thanks for the question. It's based on logarithms and standard deviation in such a way that the momentum value of one trading instrument is directly comparable to the momentum value of another instrument, even across asset classes.
     
  6. Top 5 short-term momentum stocks of the S&P 100: $MON $OXY $COP $HAL $BKNG

    Bottom 5 short-term momentum stocks of the S&P 100: $T $PEP $KHC $IBM $BMY

    Top 5 long-term momentum stocks of the S&P 100: $FOXA $COP $NEE $RTN $BKNG

    Bottom 5 long-term-term momentum stocks of the S&P 100: $BIIB $CMCSA $PG $GE $KHC