In this week’s video, Mike Cintolo discusses the late-week rotation seen out of the mega-cap growth titles, and short-term he wouldn’t be surprised to see more of it, with the market possibly starting its first “real” pullback of the advance. Thus, he’s not pushing the envelope at this point--but he also remains very bullish intermediate- and longer-term, so he’s holding his strong, profitable names and expecting higher prices after any coming wobbles the market throws at us.
Stocks Discussed: FTI, NE, RIG, MTZ, GTLS, MGM, THOMLM, VMC, PCOR, ONON, ITCI, DT, IOT, DOCN, PANW, NXT
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