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The Intermediate-Term Downtrend | Cabot Weekly Review

In this week’s video, Mike Cintolo, chief analyst of Cabot Growth Investor and Cabot Top Ten Trader still sees an overall intermediate-term downtrend in the market, but he’s beginning to spot the first signs of a thaw—the broad market is showing some resilience, the major indexes are finding support and decent amount of new leadership is popping up. It’s still too early to begin buying—Mike’s in a cautious stance with nearly half his portfolio in cash—but it’s time to sit up and pay attention should the bulls retake control.

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A growth stock and market timing expert, Michael Cintolo is Chief Investment Strategist of Cabot Wealth Network and Chief Analyst of Cabot Growth Investor and Cabot Top Ten Trader. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides, which has helped Cabot place among the top handful of market-timing newsletters numerous times.