If you’re a momentum trader, pay attention. You might be missing the greatest momentum trade of all time: the S&P 500. That’s the case A Wealth of Common Sense’s Ben Carlson recently made in a blog post discussing the counter-intuitive nature of S&P component performance over time.
Carlson presented the following chart of the total lifetime returns of 14,455 active U.S. stocks between 1989 and 2015.
Stock performance is far from a bell curve. During a quarter century when the S&P 500 gained nearly 1200 percent, the worst-performing 11,513 of the 14,455 stocks represented in the chart above generated an overall net return of 0 percent. Incredibly, what ...
/www.benzinga.com/etfs/broad-u-s-equity-etfs/16/05/8009710/the-s-p-500-is-the-worlds-best-momentum-trade alt=The S&P 500 Is The World's Best Momentum Trade>Full story available on Benzinga.com
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