Subject: Re: Statistics for Nasdaq 100 monthly Momentum Screen
Surely we aren't the only people who have taken notice of this strategy. It does not seem possible that others would not have noticed and the extraordinary gains would have been arbitraged away. What am I missing? Is it just the volatility risk?

Below is the top 20 of Nasdaq 100 sorted by 1 year price gain, as of this morning.

Ticker   Perf_YTD  Perf_Year
SNDK      559.51%  4048.26%
WDC       200.36%  1073.30%
MU        174.16%   811.36%
STX       201.68%   768.04%
AMD       115.21%   348.16%
LRCX       74.00%   295.24%
AMAT       72.96%   185.64%
MRVL       97.28%   181.05%
KLAC       55.13%   168.82%
GOOGL      26.06%   158.31%
GOOG       24.71%   153.50%
MPWR       78.27%   153.35%
ASML       43.99%   118.13%
AVGO       24.00%   106.14%
ADI        52.99%    99.94%
NVDA       17.27%    87.49%
ARM        94.95%    84.03%
DDOG       45.53%    83.44%
MCHP       53.88%    77.21%
BKR        41.05%    76.03%

Isn't the difference between GOOGL and GOOG interesting?
It sure feels like this should be some kind of anomaly, so many stocks doubling or more in a year.

The same table for the S&P 500 is similar, but the #20 stock is up 158%. SNDK is still #1.