Stock Market Video 10/21/2011
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In this week’s Stock Market Video, Cabot Market Letter Editor Mike Cintolo says the market was down slightly most days this week, but net-net, it’s still a tug-of-war between the bulls and the bears, which means you should stay cautious. Looking at the market, it appears that the sellers are sold out, but buyers haven’t really declared themselves. Stocks discussed: Green Mountain Coffee Roasters (GMCR), Netflix (NFLX), Baidu (BIDU), Priceline.com (PCLN), Red Hat (RHT), Dunkin’ Brands (DNKN), Under Armour (UA), Intuitive Surgical (ISRG), Google (GOOG) and Vmware (VMW).
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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Dear Fellow Investor,
Make no mistake about it. This has been a tough year for most investors--and it's not over yet, not by a long shot.
From what we are seeing now, the next 90 days could make the past year's volatility look like child's play.
The reason is simple:
With unemployment stagnating and real estate prices spiraling south, it's clear the market's volatility is about to increase exponentially--especially headed into the November 2012 presidential election cycle.
For these reasons, the next market move we see headed our way in the next 90 days could be the biggest shocker of 2011.
Surprisingly, I'm NOT talking about another MAJOR SELL OFF that the financial media is forecasting.
On the contrary, our time-proven technical indicators are forecasting a MAJOR BREAKOUT ahead for a select group of stocks.
Unfortunately, most investors will miss the next run-up as the financial media continues to scare them with story after story about the jobless recovery, the poor housing market, rising energy costs, and the many other forces that indicate that a double-dip recession is in your future...
... all but ignoring the mounting scientific data that shows that in fact, yes, the economic picture is not only brightening but also offering you the opportunity to scoop up 30% to 50% gains by the end of the year.
If our indicators are precisely on target again, as they have been over and over again for consecutive 41 years, we're looking at not only a January rally of epic proportions but also a rise in the average indexes of 50% from top to bottom with our top performing Cabot recommendations leading the pack with double- and triple-digit gains coming by January.
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Most investors will miss the January rally, but you won't when you act now!
Editor of Cabot Market Letter
P.S. I'm so confident you will make money with our recommendations that if you don't, I'll refund your entire subscription price ... right up until January 11, 2012, when the clock starts on your one-year subscription.
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