Wall Street's momentum trade is unraveling as chip stocks slide and biotech makes a comeback

a month ago by ooli3 to c/Wallstreetbets

After years of outperformance, momentum investors are getting squeezed as biotech rallies and AI winners slow.
Wallstreetbets

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Anything about stocks, and the economy, and how to gamble with option on it. "Hodl", and "to the moon" meme are welcome, as long it is not another conspiracy about the short squeeze of all time, or whatever bullshit born from "that" stock

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