CHART OF THE DAY: "Perma Bears"? Our S&P Momentum Long Disagrees

Keith McCullough

This chart from today's Early Look compares the performance of Keith McCullough's long position in SPY Momentum (SPMO) and his Russell (IWM) short.

SPMO is up 19.6% since our CEO went long on November 30. IWM is down 6% since December and down 20.1% from cycle highs in 2021.

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CHART OF THE DAY: "Perma Bears"? Our S&P Momentum Long Disagrees

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