Momentum Investing
Follow strength, respect the trend.
Understanding how price momentum and relative strength reveal where capital is flowing — and how to position alongside it with discipline. Momentum investing is not speculation; it is the systematic study of how markets reward strength and punish weakness.
Learning Path
School Principles
FreeThe worldview, founding assumptions, and core mental models of this school.
Foundational Lessons
FreeKey ideas, thinkers, and concepts — the essential vocabulary of this school.
What Momentum Actually Is — And Why It Works
Richard Driehaus
CAN SLIM — The Anatomy of a Market Leader
William O'Neil
SEPA — The Art of Entering at the Right Moment
Mark Minervini
Relative Strength — Following Where Capital Flows
Richard Driehaus
Risk Management — The Foundation Every Momentum Investor Needs
Mark Minervini
Understanding Price Trends and Moving Averages
William O'Neil
Volume as Confirmation of Price Action
William O'Neil
The Mental Model of a Momentum Investor
William O'Neil
Practitioner Lessons
PractitionerDeeper application — how the principles of this school translate into real portfolio decisions.
Momentum Screening System — Building a Rules-Based Process
William O'Neil
Reading Chart Patterns for Entry Signals
William O'Neil
When Momentum Works — and When It Fails
William O'Neil
Managing a Momentum Portfolio
William O'Neil
Combining Fundamentals with Momentum
William O'Neil
Analysis Frameworks
PractitionerThe structured method for analysing businesses or markets using this school's approach.
The Momentum Investor's Analysis Framework (SEPA)
Mark Minervini
Weinstein Stage Analysis Framework
Stan Weinstein
Momentum Stock Screening Framework
William O'Neil
Entry and Exit Signal Framework
Mark Minervini
Applied Case Studies
PractitionerHistorical investments analysed through this school's framework — what the data showed, what the thesis was, how it played out.
Advanced Lessons
AdvancedNuanced edge cases, advanced applications, and cross-school comparisons for serious practitioners.
Position Sizing in Momentum Portfolios
William O'Neil
Factor Investing and Momentum as an Anomaly
William O'Neil
Dual Momentum — Gary Antonacci's Framework
William O'Neil
Quantitative Momentum Strategies
William O'Neil
Decision Systems
AdvancedEntry criteria, exit rules, position sizing, and portfolio construction principles.