Growth hacking
fromEntrepreneur
1 week agoForget Guessing - Here's How I Trade Stocks That Are Already Moving
Momentum traders focus on existing trends, utilizing volume, price action, and catalysts for disciplined execution in fast-paced markets.
The shift was subtle, then sudden. For weeks, the riskiest trades in finance - crypto, AI stocks, meme names, high-octane momentum bets - had been slipping. On Thursday, that slow-motion retreat snapped. The Nasdaq 100 sank nearly 5% from its intraday peak, its sharpest reversal since April. Nvidia Corp. at one point shed nearly $400 billion despite beating earnings expectations. Bitcoin hit a seven-month low. Momentum names dropped in near-perfect sync.