In this week’s video, Paul Goodwin, chief analyst of Cabot Global Stocks Explorer (formerly Cabot Emerging Markets Investor), surveys the damage caused by overly honest remarks from the new Fed chief and the rash remarks about tariffs from another relative Washington newcomer. The negative action over the past few days has pulled the markets back below their 25- and 50-day moving averages, erasing the medium-term green light that shone briefly. Still, many growth stocks are still doing well. Paul says that in this kind of market, it’s more important than ever to keep looking at the charts of the stocks you hold and are thinking about buying to be sure they are stronger than the market. He gives a few examples.
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Timothy Lutts heads one of America’s most respected independent investment advisory services. Each week, Tim personally picks the single best stock in his exclusive Cabot Stock of the Week advisory. Build your wealth and reduce your risk with the top stock each week for current market conditionsLearn More