Trade Alert: An ETF In No Man’s Land Between Growth and Value

Demand for momentum stocks tends to rise in response to higher prices. Conversely, demand falls in response to lower prices. That's the opposite of real-world laws of supply and demand. It’s the opposite of a value-conscious investor. This month, Jim and Dan focus on one ETF with holdings of momentum stocks that headed into 2021 with no valuation support. Today they are in no man’s land, caught between momentum investors who have been selling, and value-conscious investors. Value-conscious investors might become buyers of these stocks, but not until prices have fallen much further.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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