Search

Although uncertainty in the market is growing, there are still strong income stocks out there. But we must be careful to find the right ones. A good stock needs to be resilient in a continuing recession, yet able to thrive amidst high inflation, or both, or neither. In this issue, I highlight such a rare bird.


The portfolio is also eliminating a cyclical position and adding a more defensive one. At the same time, we are seizing upon recent strong performance in another stock and selling a call to lock in a high income in this uncertain market.

In this week’s video, Mike says that it’s a good time to keep your feet on the ground, have a plan and honor your stops.

Mike Cintolo discusses the unusual market activity as a ton of growth-oriented stocks showing powerful, persistent and big-volume upmoves.

Here are four stocks to add to your watch list from Mike Cintolo and Paul Goodwin.

In this week’s video, Paul looks at a few stocks that have gotten post-earnings boosts and then kept rising--a good pattern to look for.

In this week’s video, Mike Cintolo goes through both cyclical stocks and many growth stocks that are handling themselves very well.

Mike is fine-tuning his new watch list (and earnings calendar) and is ready to bounce if the market confirms a new uptrend.

In this week’s video, Mike Cintolo highlights a handful of current and potential leaders to watch as earnings season progresses.

Mike Cintolo says not much has changed with the overall market’s stance during the past couple of weeks. With the trend down, he advises a cautious stance.

In this week’s video, Mike Cintolo, discusses the market’s improved action. His indicators are bullish and he’s seeing a lot of strong stock action.

In this week’s stock market video, Mike lays out his reasons for optimism and a bunch of stocks that have just gotten going after rests.

In this week’s video, Mike Cintolo talks about market’s encouraging action and says that it’s time to put more money to work.

In this week’s stock market video, Mike Cintolo discusses his usual batch of stocks that look like they want to head higher.

In this week’s review, Mike discusses the market’s rebound from the vicious Nasdaq and growth stock selling in recent days and reviews some leading stocks.

After a rough start to the year, the market has stabilized and recovered somewhat.

Earnings are terrific again. About 80% of S&P 500 companies have reported, with average earnings growth of around 23%. Earnings have saved and revitalized the market throughout the pandemic recovery. And this is another stellar quarter for corporate profits.

Last week was a big week in the market. Game-changing news in the technology sector that significantly improves future earnings projections for many companies is causing the sector to soar.


AI or artificial intelligence had been seen as a huge growth engine going forward as companies invest heavily in the technology. Those growth projections got a huge shot of adrenaline and the AI phenomenon got real when semiconductor company Nvidia (NVDA) reported earnings and guidance that blew the doors off expectations because of much higher investment and spending in the technology than previously thought.

As my two daughters reconnected with old friends, it slowly became clear to me that many of these young people, mainly college-educated, are unemployed, and about this I have a few thoughts. One, times are tough. Two, many of these young adults have skills that are rather loosely defined. When the economy was booming, their liberal arts degrees might have been the ticket to many types of employment, but now their prospects are bleak. Three, people will now keep their jobs longer. In the recent boom years, job-hopping became fashionable. Now, just as the trading-up of houses is history, so is job-hopping. Four, vocational training is on the upswing, as people young and old looking to improve their employment prospects take classes to learn marketable skills.

I noticed the following headline last week: “Virgin Atlantic boss warns no airlines will make money this year.” Reading deeper, the writer informs us, “Steve Ridgway said reduced passenger numbers, ‘massive’ pressure to cut prices and high fuel costs will prevent any of the world’s major airlines, including Virgin Atlantic and British Airways, making a profit in the current financial year.” Hmm, now it’s only “major airlines” that won’t make money. Reading further still, we get to Mr. Ridgway’s actual words: “These are some of the toughest times any of us [airline executives] can remember. I would be very surprised if anybody made any money.” That’s different still. So where’s the truth? I took a look at the consensus of Wall Street analysts’ estimates of ALL publicly traded airline companies, and here’s what I found.

The market appears ripe for a short-term bounce ... but so what? The reason most people want to pick bottoms isn’t really to make money; that’s part of it, of course, but not the sole purpose. The reason they want to pick bottoms is to feel like they outsmarted the market and most other investors. There’s nothing shameful about that, but in the market, wanting to prove that you’re right usually costs you money.