Medium-Term Uptrend | Cabot Weekly Review
In today’s market video, Emerging Markets Investor Chief Analyst Paul Goodwin looks at the market’s continuing medium-term uptrend, a move that isn’t really threatened by the slight downturn this week. But while that kind of uptrend is enough reason to be putting more money to work, the warning signal from our long-term timing indicators tells us not to jump into new buying with both feet. Another problem with the market is that we’re not getting the kind of leadership we expect from classic growth stocks; leadership is coming from unexpected sources like airlines, manufacturers and other sectors that lack the explosiveness of more traditional growth industries. Paul gives some examples of strong stocks in a half-dozen non-traditional areas.