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Market’s Volatility | Cabot Weekly Review

In today’s market video, Cabot Global Stocks Explorer Chief Analyst Paul Goodwin surveys the damage from the market’s continuing January plunge. There are plenty of reasons for the correction, China chief among them, but the reasons aren’t that important. The urgent advice is to commit yourself to protecting the value of your growth portfolio by selling losers, taking partial profits in winners and reducing new buying to a minimum. It’s a hard market to make any money in. Paul gives a few stocks that are on his watch list for future consideration, but advises that you keep your finger away from that “Buy” button.

Jacob Mintz is a professional options trader and editor of Cabot Options Trader. Using his proprietary options scans, Jacob creates and manages positions in equities based on unusual option activity and risk/reward.