In today’s market video, Cabot China & Emerging Market Report Chief Analyst Paul Goodwin looks at this week’s market mayhem and concludes that it’s time to head for the sidelines. You should be selling your losing stocks and putting your weaker stocks on short leashes. And even your winning stocks look like good candidates for a little profit taking. Cash is your friend right now. He also look at a few healthy issues that are resisting the dramatic downtrend; these are buyable, but only if you have plenty of cash on the sidelines. We have no predictions on what the market may do from here, but it’s always a good idea to prepare for the worst.
Stock mentions: MBLY, MOH, FBHS, BABA, FB, CPA, BOFI, LII, TSO, DHI, SABR