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Trending Sideways & Selective Buying | Cabot Weekly Review

In this week’s video, Mike Cintolo sees more good than bad in the market and is certainly encouraged by the market’s resilience in the face of some bad headlines during the past two weeks. That said, he can’t ignore the sideways trend in every index and most stocks out there--many are near new high ground, but continue to see selling near their prior peaks. Thus, he continues to hold some cash while being selective on the buy side, looking for earnings season to reveal more leaders.

Stocks Discussed: NFLX, C, GS, DOCS, EXPE, TEAM, GTLB, TTWO, HLT, RCL, TEM, IBIT

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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.