In this week’s video, Mike Cintolo, chief analyst of Cabot Growth Investor and Cabot Top Ten Trader, dives into the newly divergent market—while most major indexes and recent leadership groups (financials, transports, materials) are in fine shape, just about any growth-oriented stocks have come under distribution. Now’s the time to keep it simple—hold onto stocks that are working, sell those that aren’t, and be selective when putting new money to work. The good news is that many stocks continue to act well, so there should be buying opportunities if the selling pressures don’t spread. Stocks discussed: SCHW, EXEL, PLAY, JACK and others.
