Momentum has been driving a lot of stock market activity lately, and it might seem like an obvious point, but it's one that bears repeating: following it too far can lead an investor right off a cliff. "Momentum may be its own justification, but the point is the freaks are in charge and momentum is its own reward - once again," writes Minyanville's Jeffrey Cooper. "Momentum is a trader's best ally - right up until the moment you turn your back and it sticks the knife in."
- DJs Newswire Live