Momentum Focus: RGTI, SOUN, CVNA

What is a Momentum Stock?Momentum stocks are stocks that are trending upward at a much more rapid pace than the market. Unlike the rest of the market, speculative momentum stocks are driven by hopes about the future, innovation, psychology, animal spirits, market momentum, and strong industry groups. While many legacy investors shy away from these stocks, retail traders with a short-to-intermediate time frame and the benefit of flexibility can profit from these stocks through chart reading and risk manageme ...