Recently, [AlphaPhoenix] weighed an airplane. Normally, that wouldn’t be much of an accomplishment. Except in this case, the airplane happened to be in flight at the time. In fa ...

You can rewrite the momentum principle to solve for the change in momentum (which is useful). It looks like this: Trust me, you'll find this equation useful in just a little bit.

Basically, when momentum has a bad month, it tends to have a really bad month. Plus, at some point in the future, like any strategy, momentum may cease to work.

Even a more broadly diversified factor-oriented strategy like Vanguard Strategic Equity VSEQX, which draws upon the valuation, growth, quality, momentum, and management-decision factors, has had a ...