Daily 10 momentum stocks - 19 April 2018

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
 

Attachments

  • top_bottom_stocks_apr_19.jpg
    top_bottom_stocks_apr_19.jpg
    191.4 KB · Views: 30
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.
 
What is statistically based momentum?
Any formula?
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.
 
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
 

Attachments

  • top_bottom_stocks_apr_20_2.jpg
    top_bottom_stocks_apr_20_2.jpg
    201.7 KB · Views: 6
Back
Top