While the momentum investing is one of the best approaches to earn lofty returns, selecting the right investment vehicle is crucial. This is because momentum investing carries a higher risk factor than dividend, value and growth investing. Determining the right entry point is alsoKomal is passionate about finance and the stock market. She enjoys forecasting future market trends using a fundamental and technical approach with a focus on both short- and long-term horizons. She intends to provide unbiased anal ...

市场表现 - 标普500指数连续第五周创收盘新高 2025年累计上涨9.3% SPDR标普500ETF(SPY)上周涨幅1.5% [1] - 高贝塔与动量ETF表现突出 Invesco标普500高贝塔ETF(SPHB)和iShares MSCI USA动量因子ETF(MTUM)均上涨约17% Invesco标普500动量ETF(SPMO)年内涨幅达21.5% [3] - 零售投资者上半年净买入2700亿美元股票 预计全年净买入规模或达3600亿美元 [11][12] 驱动因素 - 企业盈利强劲 已公布Q2财报的117家标普500公司盈利同比增长8.3% 87.2%超EPS预期 80.3%超营收预期 [7] - 人工智能热潮推动科技股领涨 半导体、云计算和软件平台需求激增 [9] - 美联储可能在2025年底降息的预期升温 [10] 经济环境 - 美国6月零售销售超预期 失业率维持历史低位 [8] - 美日汽车关税降至15% 美欧达成类似框架协议 贸易紧张局势缓解 [5] 投资策略 - 高贝塔ETF在牛市中涨幅高于大盘 动量投资策略通过追涨趋势股获利 [4] - 零售投资者资金流入速度超过机构 上半年净买入规模达2700亿美元 预计将推动标普500再涨5-10% [12]