In this week’s video, Paul Goodwin, chief analyst of 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.
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. Sign up now:
Along with your weekend video, you will receive our free weekday advisory, Wall Street’s Best Daily, with top stock picks, market news and insightful commentary from our analysts.
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