Momentum Trading Strategy

Notes

Finding Leading Stocks

What to buy: how to find, screen and rank the strongest stocks and industry groups.

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Anyone going long WIX?

It’s wild to pull up some of the old 2020–2021 favorites and see where they are now.

CHWY

ADBE

INTU

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WIX

Feels like yesterday these were the “must-own” growth names everyone was chasing.

Good reminder: old leaders are not always new leaders. Most of the time, they aren’t.

A stock can still be a great company. It can have a familiar story. It can have a past run that everyone remembers.

But if the price action, relative strength, and trend are broken, nostalgia is not a setup.

The market always rotates. Our job is not to fall in love with yesterday’s winners. It’s to find what is leading now.