In today’s market video, Cabot Global Stocks Explorer Chief Analyst Paul Goodwin reinforces Cabot’s take on how growth investors need to handle down markets: Cut your losses short. Let your winners run (but consider taking some profits out). And wait for the market to get back on its feet before you try to put your cash back to work. Paul points out a couple of sectors that are working, too. But the big message is to get your cash to the sidelines and wait for the green light.
