TimMoMommmmberrrr....

Between IB's margin hike yesterday (crushing MOMO leverage), a rising JPY squeezing carry trades, and high-beta to a plunging market, the momentum-mavens are hurting. Of course, as CNBC just said - now is the time to BTFD to make your year when they all bounce... with the Russell back to its 50DMA -with its biggest 2-day drop in almost 4 months.