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The current stock market is frustrating, but you can pursue strategies that will lead to better performance.

In recent months I’ve been telling you that cannabis stocks were incredibly cheap and overdue for a bounce and now it seems the world is starting to agree, as all our cannabis operators (not the REIT) have seen their stocks climb in the past month.

Of course, the broad market’s rebound has helped, but the broad market doesn’t have the compelling fundamentals of the cannabis industry’s top stocks.



Bottom line: the first six months of 2022 were rough. The past month brought us a small gain. And I expect far bigger gains over the remainder of the year.



Full details in the issue.



Yours for wealth and wisdom.

In part 3 of my series on the top-performing stocks of 2016, here are six more that managed to more than triple their share price last year.

The surfer is the investor who figures out which direction the market is going and gets in step with it.

The average Cabot subscriber has less than 10 years to go before retirement, and many of you are already retired.

The most dangerous way to sell short is to pick a hot little stock that’s “way overvalued” and bet that it will come down. Such a case in recent weeks has been American Superconductor (AMSC), a company that recently found new life by entering the market for wind energy. For the past five months, AMSC’s chart, in climbing from 16 to 45, has rewarded investors who were long on the stock, and it has punished short-sellers ... despite the broad market being unsupportive.

Today’s note includes earnings updates, ratings changes and the podcast.

Mike, I absolutely love your Weekly Review videos and Top Ten newsletter! I don’t think I would have started a subscription with any of the Cabot publications without watching you each week expertly analyze the stock market and individual stocks.

S.T. Gold River, CA

Cabot is outstanding! I am so pleased that I signed up for your subscription! I have watched you over the recent years and have found you right on top of the market even though the market has been so tough. You help us stay out of trouble so to speak. Thank you! We think you are great!!!
F. Johnson, Holland, Michigan

“Jacob, as a new subscriber, I’m pretty high on your methods and have made back the trial subscription cost many times! But I’m equally high on your willingness to teach by sending out the Kraft/Heinz option note. Thanks.”
W. Risso, South Strafford, Vermont

In my January 28 Cabot Wealth Advisory, I wrote about the five key characteristics to look for as the market builds a bottom. The market has deteriorated further since then, so I thought you’d benefit from brief updates in my upcoming Wealth Advisories (starting today) so you can see how the process is playing out until the bulls re-take control of the market.

The growing popularity of smart phones has people canceling their landlines.

Trends are up, but overextended, suggesting that a normal correction is likely. Our Hi-Lo Alert, which measures the number of Dow stocks above their medium-term moving averages, is at its highest point since May, just two weeks before the market got very rocky and embarked on the course that took it down to the August low.

Markets don’t stay down forever, and this historic selloff has created a whole raft of bargain stocks. There’s just one problem. How do you know when to get back into the market? Here’s an easy way to tell, one that’s based on one of Cabot’s powerful set of market timing indicators, the Cabot Tides.