In this week’s video, Mike Cintolo is still seeing a neutral intermediate-term trend, and he’s still holding a lot of cash given the repeated air pockets among leading stocks. That said, he’s also starting to see some intriguing action in names that are “gap-and-go’s” and “shake-and-snaps” (Mike’s terms), which hasn’t been seen in a long time. All in all, Mike isn’t having trouble building a watch list but, as has been the case, he’s waiting for a spark that has institutional investors clicking the buy button.
Stocks Discussed: UBER, SHAK, SHOP, BLDR, DUOL, FSLR, DV, PANW, ACLS, INSP, ARGX, PODD/DXCM, FRPT, LULU, LVS
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