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Stocks Are Strong but the Market Takes a Hit | Cabot Weekly Review

In this week’s video, Mike Cintolo talks about the late-week selling, which was the first across-the-board hit seen for the market in a few weeks; as he talked about in his webinar last week (see more under Free Resources on Cabotwealth.com), Mike’s thinking the next couple of weeks could see more tricky trading, and the selling this week has put the intermediate-term trend on the fence. However, the key part of the evidence of late--that of individual stocks--remains in fine shape, so he’s continuing to lean bullish, though is focused mostly on earnings season for stocks he owns and hopes to buy in the weeks to come.

Stocks Discussed: RBRK, URI, HRI, CCL, GVA, MRVL, AMZ, BX, POWL, CRDO, ARGX, SG - TOST, VST

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A growth stock and market timing expert, Michael Cintolo is Chief Investment Strategist of Cabot Wealth Network and Chief Analyst of Cabot Growth Investor and Cabot Top Ten Trader. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides, which has helped Cabot place among the top handful of market-timing newsletters numerous times.