Momentum: 1. Fundamentals: 0
It’s amazing to see how ‘buying into strength’ revealed a gaping weak spot for fundamentalists and quants - to the point where short sellers had to capitulate their bets. What do you think Wall Street is gonna do about this? This is definitely going to happen again.
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Momentum is all about short term to mid term moves. Fundamentals are long-term moves.
It’s what rentech, 2sigma etc have been doing for years, riding intraday momentum
You have can have a momentum bais as a fundamental investor... Momentum is an investment factor. Fundamental speaks to the investment method. Your statement is as nonsensical as "growth:1 quant:0"
Hi. This market has been fueled solely by momentum on a macro and micro level since the March crash. Bye.
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