Buy 3 Top Momentum Stocks for Turnover Tuesday: PPC, CSV, VEL
PPCPilgrim's(PPC) ZACKS·2024-08-08 03:46

Turnover Tuesday is a spectacle where investors are apprehensive about stock market returns on a Thursday, start hedging on a Friday, and get involved in outright selling on a Monday, per Brent Donnelly of Spectra Markets. He added that markets tend to bounce back on the following Tuesday. That's exactly what happened recently, with Wall Street witnessing a three-day rout, only to recover losses on Monday as investors' concerns about an economic slump were paused. Despite cooling, the labor market remains h ...