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Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record
Bull/Bear Index 45.2/100
global_markets BULL 75/10 MarketWatch Top Stories · 18h ago

Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record

The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward.

Key takeaway

"Wall Street’s red-hot momentum trade is still winning, as strategy delivers best 2-month gain on record" — BullBear's AI rates this story as a bullish (positive) signal for markets, with a market-impact score of 75 out of 100. The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward. Reported by MarketWatch Top Stories on June 01, 2026. The bullish and bearish evidence, plus a 24-hour price-move check against this call, are tracked on BullBear.news.

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