Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Rockwell Automation (ROK) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $2.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.22%. A quarter ago, it was expected that this industrial equipment and software maker would post earnings of $1.61 per share when it actually produced earnings of $1.83, delivering a surprise of 13.66%.Over t ...