We Study Billionaires - The Investor’s Podcast Network TIP236: Momentum Indicators for the 2nd Quarter 2019 w/ Dr. Richard Smith (Business Podcast)
Mar 31, 2019
Dr. Richard Smith, a momentum investing expert and founder of TradeStops, shares intriguing insights into current investment trends. He highlights which momentum strategies billionaires are leveraging today and advises waiting six months post-purchase before diving into stocks. The conversation also covers commodities with promising price momentum and how to incorporate momentum into options strategies. With a focus on navigating market volatility, Smith offers tips and tools to optimize long-term investment approaches.
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Richard Smith's XLE Trade
- Richard Smith bought XLE at $71, sold at $66, and rebought at $65.
- This demonstrates the benefit of momentum investing, avoiding a larger drop.
Momentum and Value Investing
- Use momentum investing to augment a value investing approach.
- This helps identify profitable trends while mitigating potential losses.
Value of Momentum Investing
- Momentum investing's value lies not just in picking winners, but also in identifying losers.
- This helps prevent emotional decision-making during market downturns.
