Zacks’ Case for Momentum Investing

Writing for Zacks last week, Steven Reitmeister opened with reasons why the stock-selection strategy buy low, sell high is sometimes a bad idea—largely because a scary reason accounts for the low price:

http://www.zacks.com/stock/news/108611/buy-low-sell-high-is-a-lie

In our 29-year career as portfolio managers, Phil Balliett and I did well in our buy low, sell high selections because fundamental analysis identified the better, safer selections for us. But we scored even better with our alternate strategy, stocks on the move in industries on the move. He created the software that identified such stocks for us.

Steve is the guiding light behind Zacks. He seems to be making it better and better as time marches on.

Zacks #1 Rank Top Movers for Sept. 10, 2013, are FBHS, FENG, GMCR,  HY, NUS. See:

http://www.zacks.com/

If you wish, visit Amazon for a review of my 14^th book:

http://www.amazon.com/My-America-1931-2031-Astonishing-ebook/product-reviews/B00BPD0TUM/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1