mike-cintolo

Mike Cintolo

Chief Investment Strategist and Chief Analyst, Cabot Growth Investor and Cabot Top Ten Trader

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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.

From this author

Cabot Top Ten Trader

September 22, 2023

For the past two months, the market had been pulling back and bouncing around normally, but this week, the post-Fed action has seen selling pressures pick up in a big way—the (more resilient) big-cap indexes have quickly retreated back to their August lows while broad measures have plunged.

September 22, 2023

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Cabot Growth Investor

Cabot Growth Investor Issue: September 21, 2023

The market remains in a two-month correction, but as opposed to the sloppy action seen in recent weeks, the sellers are now starting to pounce, damaging even the resilient big-cap indexes. Longer-term, we still believe the next major move is likely to be up, but we can’t ignore what’s in front of us: We’ve been cautious for weeks, and earlier today on a special bulletin, we pared back on two of our current positions, which will leave us with a cash position in the low 50% range.

In tonight’s issue, we give you our latest thoughts on just about everything -- our stocks, the market, the big picture and interest rates, which, after two years, are still one of (if not the) key drivers of the market. There will be a sustained advance that comes out of all this, but we continue to think patience is the name of the game for now.

September 21, 2023

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Stock Market

How to Use Moving Averages When Buying or Selling Stocks

Moving averages can provide excellent buy and sell signals when used properly, here are a few guidelines to help you improve your trading.

September 21, 2023

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Cabot Growth Investor

September 21, 2023

WHAT TO DO NOW: The market’s action of late is encouraging for sure, but there’s still more work to do with our Cabot Tides and growth funds. Today we’re going to sell our small remaining position in DoubleVerify (DV) and hold the cash—with an eye toward redeploying the funds in the near future should the market and individual stocks continue to firm up. Our cash level will now be around 45%.

September 21, 2023

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Cabot Top Ten Trader

Cabot Top Ten Trader Issue: September 18, 2023

Stocks chopped up and then down last week, and all told, not much has changed—the market is still in the throes of a two-month correction, with a sideways-to-down intermediate-term trend and few stocks moving in a sustained way on the upside; simply put, there’s little money being made right now. That doesn’t mean we’re in the storm cellar—we’re OK having a few lines in the water and starting some small positions in potential leaders as the odds favor the next big market move being up. But overall, a cautious stance is warranted given the evidence. We’ll leave our Market Monitor at a level 6.

This week’s list has something for everyone, with a variety of sectors and setups represented. Our Top Pick is an old name, but it’s cheap, strong and has an AI infrastructure angle that should keep buyers interested. Try to buy on weakness.

September 18, 2023

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Cabot Top Ten Trader

September 15, 2023

September 15, 2023

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Growth Stocks

9 Best Growth Stocks and Themes I Don’t Own (Yet)

With the market still in correction mode, I’m looking ahead to the rally’s return. These are the best 9 growth stocks, sectors and themes I’m watching.

September 15, 2023

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Growth Stocks

10 Rules for Growth Investing

These growth investing rules have been carefully selected as the most important guidelines a growth investor can use.

September 14, 2023

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Cabot Growth Investor

September 14, 2023

WHAT TO DO NOW: Remain cautious. Most stocks, sectors and indexes are still stuck in the throes of a corrective phase, though we do like some things like our resilient Aggression Index and (relatedly) some sturdy action among growth stocks. While we could add another small position if the market firms up a bit, we’re comfortable with the stocks we have in the Model Portfolio and our positioning right now. Thus, we’ll stand pat tonight and practice more patience—our cash position is in the low 40% range.

September 14, 2023

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Cabot Top Ten Trader

Cabot Top Ten Trader Issue: September 11, 2023

Some of the positives that we saw in the latter half of August are still hanging around, not the least of which is a good amount of resilience from growth stocks that popped higher on earnings or otherwise saw good-volume buying. That said, the market as a whole doesn’t look ready, with last week bringing another round of selling in the broad market and the major indexes—the intermediate-term trend never could turn up, and few stocks are really moving up at this point. Long story short, there are some encouraging pieces of evidence, but more patience is likely needed. We’ll leave our Market Monitor at a level 6.

This week’s list is pretty well-rounded, with stocks from a variety of groups and of different sizes and profiles. Our Top Pick is a clear winner in the drug space with two big sellers; we’re OK grabbing a few shares here or (preferably) on dips.

September 11, 2023

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Stock Market

Our Best Stock Market Timing Indicators

We’ve been using the following market timing indicators for decades, and they’ve served us quite well. Here’s how they work.

September 8, 2023

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Free Videos

Video: The Market’s Retreat | Cabot Weekly Review

In this week’s video, Mike Cintolo talks about the market’s under-the-surface improvement that he’s seeing; no indicators have changed, which will need to happen for him to extend his line in a big way, but there’s no question most stuff has seen improvement and more stocks are beginning to act properly. Mike did a little buying this week and is hoping to add more should the market be able to build on the recent action.

September 8, 2023

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Cabot Top Ten Trader

September 8, 2023

After a couple of good weeks, the sellers reappeared after Labor Day and have driven the market (especially the broad market) lower. Coming into Friday, big-cap indexes were down 1.5% to 2%, while small- and mid-caps were off more than 3%.

September 8, 2023

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Cabot Growth Investor

Cabot Growth Investor Issue: September 7, 2023

The market showed some promise in the past couple of weeks, but our indicators never could turn up and now the sellers are back at it, driving the broad market back down. All in all, then, the correction that started in earnest in early August remains in place, so we’re remaining relatively cautious. To be fair, there are some positives, not the least of which is growth stocks, many of which reacted well to earnings last week and a bunch have been resilient of late. That’s not enough to start a buying spree, but it’s another sign that there should be fresh leadership to sink our teeth into whenever the correction finishes up.

In tonight’s issue, we talk about one fundamental transition that three potential leaders are in the midst of, review our Growth Tides and go over a bunch of enticing candidates, be them cyclical or growth stocks.

September 7, 2023

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Cabot Top Ten Trader

Cabot Top Ten Trader Issue: September 5, 2023

Following a tough 9% dip in the Nasdaq and 6% haircut in the S&P 500, the market rebounded about as well as the bulls could have hoped--though, with that said, we don’t advise cannon-balling back into the pool per se, as the intermediate-term trend is mostly neutral here, interest rates are still a bugaboo and a lot of stocks still have work to do to repair the damage seen in late July and early August. Simply put, we see the past two weeks as a great first few steps for the market trying to emerge from its correction—but now we need to see continued follow through. We’ll bump our Market Monitor back to a level 6.

After a couple of so-so lists, this week’s crop of stocks is broad and includes many that have shown outsized buying volume of late. There are many enticing choices, but our Top Pick is threatening to break free from its recent launching pad and a giant post-IPO base after another great quarterly report.

September 5, 2023

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Cabot Growth Investor

September 5, 2023

WHAT TO DO NOW: The market’s action of late is encouraging for sure, but there’s still more work to do with our Cabot Tides and growth funds. Today we’re going to sell our small remaining position in DoubleVerify (DV) and hold the cash—with an eye toward redeploying the funds in the near future should the market and individual stocks continue to firm up. Our cash level will now be around 45%.

September 5, 2023

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Free Videos

Video: Many Encouraging Factors | Cabot Weekly Review

In this week’s video, Mike Cintolo talks about the market’s under-the-surface improvement that he’s seeing; no indicators have changed, which will need to happen for him to extend his line in a big way, but there’s no question most stuff has seen improvement and more stocks are beginning to act properly. Mike did a little buying this week and is hoping to add more should the market be able to build on the recent action.

September 1, 2023

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Cabot Top Ten Trader

September 1, 2023

It’s been a very solid week for the market, with a batch of so-so economic data and falling interest rates (the 10-year Treasury is down about 13 basis points on the week as we write this) bringing in the buyers. As of this morning, all of the indexes we track are up in the 2% to 3.5% range, with the Nasdaq leading the way.

September 1, 2023

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Cabot Growth Investor

August 31, 2023

WHAT TO DO NOW: Do a little buying. The market’s evidence has improved somewhat, as have our indicators, though we haven’t seen any fresh green lights just yet (Cabot Tides on the fence, Two-Second Indicator getting there, etc.) and growth stocks are still hit and miss. Given the improvement and the big-picture positives (including our bullish Cabot Trend Lines), we’re putting a little money to work but are still to hold plenty of cash. Tonight, we’ll average up on Noble (NE) and start a half-sized stake in CrowdStrike (CRWD), which will leave us with about 40% on the sideline. If the rally falters, we’ll prune, but obviously if the buyers flex their muscles after Labor Day, we’ll be looking to add more. Details below.

August 31, 2023

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Stock Market

How to Handle Winning Stocks

Winning stocks are a great problem to have, and there are many ways to handle them, here are a few tips to help you manage your profits.

August 30, 2023

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Cabot Top Ten Trader

Cabot Top Ten Trader Issue: August 28, 2023

Last week had a couple of big news items and, not surprisingly, the market was all over the place, with some strong up action, a wild reversal and then some support after the Fed’s talk. All in all, we consider the shows of support modestly encouraging, along with the fact that sentiment has taken a sharp turn lower as the worries of the world come back into focus. But nothing has really changed with the here and now: The intermediate-term trend of the major indexes and most stocks is pointed down, with few names making any progress. That can obviously change, but for now, we’re still patiently waiting for the buyers to retake control. We’ll leave our Market Monitor at a level 5 tonight.

This week’s list is another mixed set of stocks, though we like the fact that we’re seeing a few more positive earnings moves. Our Top Pick is trying to leave behind a multi-month range after its recent earnings surge.

August 28, 2023

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Free Videos

Video: A Couple of Modest Positives | Cabot Weekly Review

In this week’s video, Mike Cintolo talks about the market’s under-the-surface improvement that he’s seeing; no indicators have changed, which will need to happen for him to extend his line in a big way, but there’s no question most stuff has seen improvement and more stocks are beginning to act properly. Mike did a little buying this week and is hoping to add more should the market be able to build on the recent action.

August 25, 2023

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Cabot Top Ten Trader

August 25, 2023

It’s been a fairly wild week, which isn’t a surprise given the recent volatility, Nvidia’s earnings and this morning’s Jackson Hole Fed speech—as we write this morning (about 45 minutes after the Fed speech was released), most indexes are flat to down by 1% on the week, though the Nasdaq is up a bit more than 1%.

August 25, 2023

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Cabot Growth Investor

Cabot Growth Investor Issue: August 24, 2023

The market remains in a correction, though we’re fairly encouraged by this week’s bounce in growth titles, which corresponds with some souring sentiment and many big-picture positives. That’s good to see--but there’s been nothing decisive on the upside, so we remain cautious and flexible, holding plenty of cash and patiently waiting for the major uptrend to resume. We do have one new small buy tonight, but that will still leave us with around half the portfolio in cash.

In tonight’s issue, we write about the short- and long-term view of interest rates, and spend a good amount of space highlighting some names that could be ready to run when the market kicks into gear--including a bigger watch list with a couple of new names.

August 24, 2023

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Stock Market

What Does Buy-on-Stop Mean?

A buy-on-stop is a trade order used to limit a loss or protect a profit. It’s a buy order held until the market price hits the stop price.

August 24, 2023

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Cabot Top Ten Trader

Cabot Top Ten Trader Issue: August 21, 2023

From its July high to last Friday’s low, the Nasdaq pulled back almost nearly 9%, which is generally in line with some other “first corrections” in bull moves we’ve seen in the past, and the bounce since then is a good first step. That said, there’s still much more to prove here: At this point, all of the major indexes we track are below their 50-day lines, leadership-type stocks have been hit hard and interest rates remain an issue. Ideally the market begins to get back in gear right quick, but we need to see more than a couple of up days to conclude that. We’ll pull our Market Monitor down to a level 5 while remaining flexible for whatever comes.

This week’s list is a mixed bag, with something for everyone. Our Top Pick is a tech name that’s always had good numbers, and after many starts-and-stops this year, appears as though it’s finally changing character.

August 21, 2023

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Growth Stocks

5 Things I’m Keying on During This Market Retreat

After a strong start to the summer, we’ve encountered something of a market retreat in August. Here are five things I’m watching for signs it’s ending.

August 21, 2023

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Stock Market

5 Rules for Selling Short in the Stock Market

With so much uncertainty in the market, today I want to discuss my five commandments for selling short - before you need to use them.

August 18, 2023

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Cabot Top Ten Trader

August 18, 2023

The sellers continued to do their work to the market this week, and instead of the selling being concentrated in “just” growth titles, the weakness is now spreading to most nooks and crannies of the market. Coming into today, all of the major indexes were lower by 2% to 4%, with the worst performers the broader (small- and mid-cap) indexes.

August 18, 2023

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Cabot Growth Investor

August 17, 2023

WHAT TO DO NOW: Remain cautious. The selling is spreading out now, so much so that our Cabot Tides have flipped to a sell signal as the number of new lows picks up. The odds still favor this being a correction, not a massive new downtrend, but most stocks (and especially growth stocks) remain under the gun. Tonight, we’re forced to sell our small remaining position in Shift4 (FOUR), which we gave every chance to hold up but has decisive broken down. We’ll also place ProShares S&P 500 Fund (SSO) on Hold given the Tides signal, though we’re holding onto what we own. All told, our cash position will be around 55%.

August 17, 2023

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