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More Chopping Than Trending | Cabot Weekly Review

In this week’s video, Mike Cintolo remains overall bullish but isn’t flooring the accelerator, as the Nasdaq (and most leading growth stocks) are doing more chopping than trending of late. That’s not a red flag, but as Mike says, the green light has gotten a bit dimmer, so he’s focused on fresher names, holding his winners, and remaining patient all while keeping his eyes open for new leadership-- including one sector he mentions that’s just starting to get moving.

Stocks Discussed: EXP, AZEK, FRPT, OKTA, DKNG, KKR, APO, IBKR, NXT, UBER, PLTR, PLAY, AXON, XOP, OIH, FANG, SCCO, STLD

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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.