Hot Stocks Outlook for the Week of August 31st, 2018
The Hot Stocks Outlook uses VantagePoint market forecasts that are up to 87.4% accurate to demonstrate how traders can improve their timing and direction. In this week’s video, we analyze forecasts for Square ($SQ), Repligen Corporation ($RGEN), Cronos Group ($CRON), Encompass Health ($EHC), and Flowserve ($FLS).
This Week’s Hot Stocks Outlook
Square ($SQ)
Square ($SQ) had a predictive moving average crossover to the upside in early-August indicating a bullish trend. As soon as the blue line crossed above the black line, VantagePoint users knew they should start taking long positions in this market because the trend was bullish. In 16 trading days, $SQ was up 22.31% or $15.65 per share.
Repligen Corporation ($RGEN)
Repligen Corporation ($RGEN) follows a similar pattern. The market had a crossover to the upside in early-August when that blue line made the cross above the black line. The neural index also reflected that short-term strength moving from red to green. Since that bullish crossover, the market was up almost 12% in 17 trading days or $5.42 per share.
Cronos Group ($CRON) follows this pattern also. Despite whatever trading strategy that traders are following, that blue line crossed above the black line and was a clear indication that a bullish trend was beginning. That trend has continued since the end of August 15th. In 10 trading day, $CRON was up 102% or $6.45 per share.
Encompass Health ($EHC) follows the idea of $CRON, but for a much longer trend including a period of consolidation That market had a bullish crossover in late-June. Traders knew, with confidence, that they could begin going long in this market when that crossover of the blue line above the black line. Remember, the trend is your friend! Since that crossover of the blue line 26 trading days ago, the market was up almost 9% or $6.21 per share.
Flowserve ($FLS) had the blue line cross above the black line starting in late-June indicating to traders that the trend was bullish and to start going long in the markets. This uptrend was long, and the lines never crossed. So traders knew it was bullish the entire time. Then you see that huge gap up in mid-August. In 42 trading days, the market was up 31% or $12.63 per share.
