Is SPMO Momentum Dead or Coiling for a Snap-Back?

The Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) is having a banner year that makes momentum investing look easy. SPMO is up 25% year to date, more than double the S&P 500’s 9.2%. Last Friday, SPMO dropped 6% in a single session as semiconductors got crushed. However, it is bouncing back faster. What SPMO owns The ... Is SPMO Momentum Dead or Coiling for a Snap-Back?