Sideways, Tightening Chart | Cabot Weekly Review

Cabot Weekly Review 4/27/18

In this week’s video, Paul Goodwin, chief analyst of Cabot Global Stocks Explorer (formerly Cabot Emerging Markets Investor), looks at the sideways, tightening charts of the major indexes and concludes that it’s still time to keep new buying at a minimum and keep your stocks on short leashes. It’s not really a dire situation, but it’s not the kind of market that will give a broad boost to all stocks. Paul looks at a few IT stocks that are doing very well as well as some stocks from the oil patch that are showing real strength. He also gives a plug to a stock from his home town.

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