In this week’s video, Mike Cintolo talks about the market’s third down week in a row, which including an erasing of the intermediate-term green light and the breakdown of a couple of potential leaders. He still sees far more strength among individual stocks than the indexes, and to him, there’s plenty of evidence suggesting the past few months represents a bottoming process. Even so, Mike remains cautious, holding north of 60% in cash, though he’s also holding a few resilient names and isn’t having much trouble building his watch list. Stocks discussed include NBIX, WOLF, ON, CMG, UBER, NFLX, ALNY, EQT and CHK.
Get It While It’s Hot!
Be among the first to see the Cabot Weekly Review when it comes out. Have it delivered right to your inbox every Saturday. Get on the list:
[form src='/form/cabot-weekly-review’]
Along with your weekend video, you will receive our free weekday advisory, Cabot Wealth Daily, with top stock picks, market news and insightful commentary from our analysts.
[author_ad]
