In this week’s video, Mike Cintolo talks about the market’s action of late -- most indexes and stocks are in intermediate-term downtrends, and Mike has been raising cash in Cabot Growth Investor; in his words, there will likely be some reverberations at least from the latest selling, so he’s playing it cautiously. That said, he’s not ignoring the relative strength seen in many growth stocks, and the Nasdaq itself; there’s nothing much to do with that now, but he’s keeping his watch list up to date as these types of panics tend to happen near the end of declines, the the start of them.
Stocks Discussed: NVDA, GFS, MPWR, AMD, LEN. BLDR, FND, AXON, ANET,PANW, AGL, SMAR, PODD—S&P, DUOL, FSLR Lone Ranger, DKNG, HUBS
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