In this week’s video, Mike Cintolo talks about the two pieces of market evidence - the first is the overall market, which is pulling back, yes, but doing so normally to this point -- but then there are growth stocks, where a ton of names have cracked their intermediate-term trends. Overall, Mike advises going at things stock-by-stock, holding stuff that’s resilient (including many cyclical names) but ditching things that are cracking, while being much more discerning on the buy side until the environment improves.
Stocks Discussed: CFLT, DUOL, NOW, IOT, NFLX, CELH, FRPT, BROS, BOOT, OLLI, NXT, ARRY, DASH, RCL, LULU, PSTG, ONON, SLB, CAT, BA
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