In this week’s video, Mike Cintolo discusses the market’s turn for the worse during the past three weeks--most breakouts that came in September and October have vanished, as has the intermediate-term green light from the market as a whole. Thus, Mike’s been raising cash, though he continues to build a watch list of resilient names; most likely, this is a continued consolidation of the huge March-August run, but until the buyers step up, he’s playing it safe. Stocks mentioned include BILL, BABA, JD, PDD, ZEN, NET, NVCR, EXAS, ROKU, and SPLK.
Get It While It’s Hot!
Be among the first to see the Cabot Weekly Review when it comes out. Have it delivered right to your inbox every Saturday. Get on the list:
[form src='/form/cabot-weekly-review’]
Along with your weekend video, you will receive our free weekday advisory, Cabot Wealth Daily, with top stock picks, market news and insightful commentary from our analysts.
[author_ad]
