As the "Black Monday" in US stocks hit, strategists suggested that the momentum factor was nearing its bottom or had already hit rock bottom.

U.S. stocks have had a strong run in 2024, with the momentum factor suffering a blow in 2025 after its popularity last year. The recent bloodbath in the U.S. market has been unsettling for investors, with President Trump's erratic tariff policy adding to the volatility. But veteran market strategist Marco Colanovic said on Monday that the pain may be over.