In this week’s video, Mike Cintolo, chief analyst of Cabot Growth Investor and Cabot Top Ten Trader, discusses his newly-constructive market outlook, as both of his trend-following indicators are now positive, which has prompted him to put some cash to work. Mike still wants to see a couple of things from the market before getting heavily invested (including new highs from the S&P 500 and Nasdaq), but the power we’ve seen in the broad market is a good sign. Mike also dives into a variety of new leaders and set-ups among growth and “old world” industries. Stocks discussed: FB, Z, TWLO, BURL, SHOP, GIMO and others.
