MTUM/long
Momentum is now the dominant equity driver in mid-2026, with correlation rising to a year-to-date high — momentum stocks should outperform.
Momentum has been a more important driver for equity than oil prices so far
Peak+0.8%
Goldman Sachs chart endorsed by @negligible_cap shows momentum factor correlation with equities rising to a YTD high (~0.40) while oil's correlation collapses from 0.57 to ~0.15 — one clean long: MTUM.
originalMomentum has been a more important driver for equity than oil prices so far