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Jul. 21, 2026

SPMO ETF is on pace for its worst month since 2015, down 10.54%. Micron and a memory-chip selloff drove it.

SPMO ETF is on pace for its worst month since 2015, down 10.54%. Micron and a memory-chip selloff drove it.

The S&P 500’s momentum strategy has beaten the market for a decade by doing one thing: buying whatever is already winning. In July, that same strategy handed it the worst month in its history. Over that same decade, the ETF is still up more than... Read more.

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