Buy 3 Momentum Anomaly Stocks as Markets Ride on Inflation Data

The broader U.S. equity markets have been witnessing ups and downs over the past few trading days as stocks swayed in accordance with recent market developments. The stocks mostly trended down at the beginning of the week on concerns regarding inflation and its consequence on the Federal Reserve’s pledge for a slew of rate cuts this year. However, as data for the core personal consumption expenditures price index was made public, stocks rose to their first closing record since November 2021.The core persona ...