Market’s Encouraging Action | Cabot Weekly Review

In this week’s Stock Market Video, Cabot Market Letter and Cabot Top Ten Trader Chief Analyst Mike Cintolo discusses some encouraging action in the stock market this week. The major indexes held support early in the week (despite disappointing jobs data) and the broad market strengthened, including some energetic buying among glamour stocks. Mike is still holding some cash and being choosy about buying, but should the market do the unexpected and kick itself up and out of its trading range, he thinks it could lead to a sustained uptrend, especially for growth stocks.

 

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