Hot Stocks Outlook for the Week of September 14th, 2018
VantagePoint Software reviews five fresh stocks each week. The Hot Stocks Outlook uses VantagePoint market forecasts that are up to 86% accurate to demonstrate how traders can improve their timing and direction. In this week’s video, we analyze forecasts for Copart ($CPRT), Donaldson Company ($DCI), Abercrombie & Fitch ($ANF), Flowserve ($FLS), and Berkshire Hathaway ($BRK/B).
This Week’s Hot Stocks Outlook
Copart ($CPRT) 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 26 trading days, $CPRT was up 13.17% or $7.71 per share.
Donaldson Company ($DCI) follows a similar pattern. The market had a crossover to the upside in mid-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. Then you’ll see a huge gap up in early September. Since that bullish crossover, the market was up almost 20% in 18 trading days or $9.14 per share.
Abercrombie & Fitch ($ANF) follows this pattern also, but to the downside. Retail has a great start to the year, but kind of fizzled through the second half. You can see that blue line crossed below the black line and was a clear indication that a bearish trend was beginning. That move started in late-August. In 11 trading day, $ANF was down 24.54% or $6.75 per share.
Flowserve ($FLS) follows the idea of the others to the upside, but for a much longer time period. 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 48 trading days ago, the market was up almost 15% or $27.48 per share.
Berkshire Hathaway ($BRK/B) is no stranger to the Hot Stocks Outlook. This market had the blue line cross above the black line starting in early-July 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. In 48 trading days, the market was up 14.67% or $27.48 per share.