Our New Watch List | Cabot Weekly Review
In this week's video, Mike Cintolo, chief analyst of Cabot Growth Investor and Cabot Top Ten Trader, discusses the market's very encouraging action in recent days, which makes the prior week's high-profile selloff look like a shakeout. That said, Mike still isn't ready to give the market's intermediate-term outlook a green light, but with the evidence improving, he's fine-tuning his watch list (and earnings calendar) and is ready to bounce if the market confirms a new uptrend.
Market's Near-Term Outlook | Cabot Weekly Review
In this week's video, Mike Cintolo, chief analyst of Cabot Top Ten Trader and Cabot Growth Investor, says he's relatively neutral on the market's near-term outlook, as the indexes chop sideways and many stocks do the same. But, longer-term, he's as bullish as ever, and he sees an increasing number of setups from a variety of sectors to latch onto ... once the bulls arrive on the scene. Overall, he's holding his winners and some cash, waiting patiently for the major uptrend to resume.
A "Yes, But..." Stock Market | Cabot Weekly Review
In this week’s video, Paul looks at the “yes, but …” market, which is moderately healthy on the surface, but has plenty of warning signs as well. The number of stocks above their 200-day moving averages is a plus, but new 52-week lows haven’t completely dried up. The Nasdaq is on the strongest footing, but it’s still a good idea to moderate your new buying and keep you losers and laggards on short leashes. Paul also looks at a number of stocks with technically strong charts and distinguishes between those that are buyable and those that need more time. Stocks mentioned include: AMD, MU, NVDA, VALE, WDC, NFLX
Stocks that are Resisting the Downtrend | Cabot Weekly Review
In this week’s video, chief analyst of Cabot Emerging Markets Investor, Paul Goodwin, looks at the depressed state of the market, which has now pushed the S&P 500 and the Dow below their moving averages, signaling that it’s time to cut back on new buying and keep your current holdings on tighter loss limits. This may be the “third leg down” that market analysts often talk about. For those who still feel like doing some buying, Paul looks at a few stocks that are resisting the downtrend of the market. He also looks at the results of the popular FANG strategy (Facebook, Amazon, Netflix and Google) and how that has worked out for investors over the past year and two years. It’s a good illustration of the potential advantage of buying individual stocks instead of indexing.