Momentum Masters Quotes

“if you have to buy one of these late-stage bases, buy small positions so as not to get pummeled if they fail.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“but in the long run, holding overnight and over the weekend during powerful bull markets has worked in my favor by a large margin.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“If you are buying stocks that have previously opened on huge down gaps over the past three to six months, you could be taking a much higher amount of risk by owning”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“When a stock is breaking out of a base, I like to see huge volume that is many times greater than the average volume during the last 50 days. I also like to see that the volume continues higher for at least three days. That will be a sign that the large institutions and hedge funds are also buying. If the stock breaks to new highs on volume for one day and has no follow-through, then that indicates to me it was just a bunch of traders playing the new high.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“For instance, if the Nasdaq is below its 200-day line and its 50-day line, it may be worth looking into stocks that are above their own 200- and 50-day lines. When the market turns up, those stocks could be your next market leaders.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“There have been too many times when I have been shaken out of a good position by looking at the short-term time frame.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders