The Intramonth Momentum Cycle

Momentum profits are largely driven by institutional cash-management mechanics. Specifically, investors needing settled cash before month-end systematically sell their losers. And this predictable “dash-for-cash” creates a highly concentrated momentum effect during just six trading days every month.

The Intramonth Momentum Cycle was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.