The market began a short-term correction two weeks ago, and it’s likely the selling isn’t finished yet, especially with earnings season right around the corner. Because of that, we’ve trimmed the Model Portfolio, leaving us with a cash position of 25%. In tonight’s Cabot Market Letter, we review one potential yellow flag (some divergences are appearing in some key sectors), but most of the Letter is focused on our current batch of stocks and some potential new buys for when this selling squall ends.
