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Momentum Strategy Winners Adjustment

Steve LeCompte | | Posted in: Momentum Investing

The order of the first and second place winners is now reversed from that shown at the close yesterday because of a price changeĀ on Yahoo!Finance after 4:00PM.

As of 4:00PM, the price of EEM was $42.95. The changedĀ price is $42.88. Past returns of EEM and EFA are so close that this change reversed their rankings.