MarketWatch: “Momentum stocks are down, but not for the reason you may have thought”By admin_45 in IN THE NEWS
Excerpt from MarketWatch quoting DataTrek Research:
.... "Instead of a value rotation, the market is going through a cash rotation. As IVE and MTUM battle it out, cash positions are increasing. As reported by MarketWatch in October, research firm DataTrek said there was $3.4 trillion in U.S. money market funds last month, 14% higher than at the end of 2018"....
Read the full article here on MarketWatch!