Momentum investing can be described as
A) consistent with the efficient markets hypothesis.
B) similar to mean reversion.
C) follow the picks of investors who have been successful in the past.
D) the trend is your friend.
D
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In the presence of compensating wage differentials, explain why the consumption possibility frontier is not a good approximation of the utility possibility frontier.
What will be an ideal response?
Everything else held constant, if a factor decreases the demand for ________ goods relative to ________ goods, the domestic currency will depreciate
A) foreign; domestic B) foreign; foreign C) domestic; domestic D) domestic; foreign
Consumers face tradeoffs except at the point where the indifference curve is tangent to the budget line
a. True b. False Indicate whether the statement is true or false
A commodity is ____ if it is used up when someone consumes it.
A. marginal B. scalable C. depletable D. replaceable