Bet on 3 Momentum Anomaly Stocks to Combat Market Whims

The broader U.S. equity markets have witnessed significant volatility over the past few trading days. Solid economic data raised concerns regarding the Federal Reserve’s proposed interest rate cuts this year. The latest data from the Institute for Supply Management revealed that the non-manufacturing purchasing managers index (PMI) increased to 54.1 in December from 52.1 in November amid strong demand. This dragged the market lower yesterday after it witnessed back-to-back gains in the two preceding trading ...