Stock Market Video 7/1/2011
In this week's stock market video Cabot Top Ten Trader Editor Mike Cintolo discusses the market’s excellent week, but cautions that we still don’t have a buy signal yet from our market timing indicators. He says that we could see a double-bottom scenario here and warns that getting back getting into the market too soon could be a costly mistake. A lot of stocks have been chopping around, so take it slow until you know if the new trend is confirmed.
Stocks discussed in this weeks stock market video include: Lululemon Athletica (LULU), GT Solar (SOLR), Under Armour (UA), Intuitive Surgical (ISRG), Illumina (ILMN) and Biogen (BIIB). Learn more about Mike's stocks here: Cabot Top Ten Trader
Vice President of Investments, Editor of Cabot Market Letter and Cabot Top Ten Trader
A growth stock and market timing expert, Michael Cintolo is editor of Cabot Market Letter and Cabot Top Ten Trader. Since joining Cabot in 1999, Mike has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides that has helped Cabot place among the top handful of market-timing newsletters numerous times. Cabot Market Letter is one of only nine newsletters included in Hulbert Financial Digest's 2010 Honor Roll for performance in up and down markets, and Timer Digest Top Ten Long-Term Timer.
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