Market Update – Orderly Decline as Momentum Continues to be Sold
1:21 p.m. ET Last night I mentioned the Momentum style factor was under pressure, with Goldman Sachs mentioning the same. The year-to-date momentum winners were/are being sold. That continues today. Among style factors, Value is down -0.5; Growth is down -1.3%; Momentum is down -1.7%. Earnings have been a key driver of price action too,…
