In this week’s video, Paul Goodwin, chief analyst of Cabot Growth Stocks Explorer (formerly Cabot Emerging Markets Investor), looks at the state of the market, which is dicey, but not dire. The major indexes are reflecting a rotation away from growth stocks, and emerging market indicators show more weakness in China than in the broad emerging markets universe. Paul councils caution, but not panic. Keep your loss limits tight and reduce new buying. He also names a few stocks that are resisting the general trend of the major indexes, which is a good indicator of strength. Stocks discussed: FB, AMZN, AAPL, NFLX, GOOG, SHOP, XPO, USCR and others.
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