MU, LRCX and KLAC stand out as momentum stocks resurface, even as a tech rout and crypto slump rattle broader U.S. equity markets.
Source: https://www.zacks.com/stock/news/2835817/3-momentum-anomaly-…
This year has been good for bank stocks after a hiccup in April because of Donald Trump’s “Liberation Day” tariff plans. Since then, markets have rebounded strongly and reached record highs, supported by the Federal Reserve’s interest rate cuts.
Major U.S. tech stocks are quiet as traders wait for Jerome Powell’s comments after the FOMC decision. Google, Apple, and Amazon all remain in broader uptrends, with pullback viewed as a potential buying opportunity near key support levels.
Vanguard Total Bond Market Index Fund ETF (BND) continues to outperform equities on a risk-adjusted basis, with a higher yield and lower volatility. BND’s 3.86% yield exceeds the S&P 500’s 3.41% earnings yield, offering a superior risk-adjusted return profile in the current market. With historically low equity-bond correlation and compressed equity earnings yields, BND provides effective portfolio diversification and stability.
