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Popular momentum trades like Palantir and AppLovin are unraveling. Don’t expect them to bounce right back.Momentum stocks popular with the retail crowd ... Inc. AppLovin Corp. or Hims & Hers Health Inc. to immediately bounce back to their record highs from earlier this month, said Farzin Azarm ...
Thus, while I have some shorter term tactical thoughts about a tradable bounce in the market, I do not think we are likely to enter a momentum market soon. The below chart captures the last ~6 ...
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