Hot Stocks Outlook for the Week of July 20th, 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 Berkshire Hathaway ($BRK/B), Morgan Stanley ($MS), Check Point Software Technologies ($CHKP), Oracle ($ORCL), D.R. Horton ($DHI), and Valero Energy ($VLO).
This Week’s Hot Stocks Outlook
Berkshire Hathaway ($BRK/B) had a predictive moving average crossover to the upside in early-July 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. In 6 trading days, $BRK/B was up 6% or $11.35 per share.
Morgan Stanley ($MS) follows a similar pattern to the upside. The market had a crossover to the upside in early-July when that blue line made the cross above the black line. The neural index also reflected that short-term strength. Since that crossover, the market had a great run and was up over 6% in 6 trading days or $2.90 per share.
Check Point Software Technologies ($CHKP) follows this pattern too. Despite whatever trading strategy that traders are following, that blue line crossed above the black line and was a clear indication that an uptrend was beginning. This bullish trend continued and since that crossover 10 trading days ago, $CHKP was up 12.13% or $11.98 per share.
Oracle ($ORCL) follows the same idea and has really had a great run. 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 Since that crossover of the blue line 11 trading days ago, the market was up almost 9% or $3.80 per share.
D.R. Horton ($DHI) is basically the same as the others. An uptrend started in early-July indicating to traders that the trend was bullish and to start taking long positions. In 9 trading days, the market was up over 5% or $2.15 per share.
Valero Energy ($VLO) follows the same idea, but to the downside. The market had a bearish crossover in early-June and that downward momentum really took off. In 26 trading days, the market was down almost 12% or $14.41 per share.