________ occurs when investors buy stocks whose prices have been rising and sell stocks whose prices have been falling.

Question

Quizplus · Accepted Answer

Momentum trading is a strategy that involves buying securities that have had high returns over the past three to twelve months and selling those that have had poor returns over the same period. This approach is based on the idea that assets which have performed well in the past will continue to perform well in the near future, and vice versa for poorly performing assets.

________ Occurs When Investors Buy Stocks Whose Prices Have Been