Hot Stocks Outlook for the Week of September 7th, 2018
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 Garmin ($GRMN), Teledyne Technologies ($TDY), TJX Companies ($TJX), O’Reilly Automotive ($ORLY) and Incyte ($INCY).
This Week’s Hot Stocks Outlook
Garmin ($GRMN) had a predictive moving average crossover to the upside in mid-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 12 trading days, $GRMN was up 6.22% or $4.03 per share.
Teledyne Technologies ($TDY) follows a similar pattern. The market had a crossover to the upside in late-June 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 21% in 44 trading days or $41.33 per share.
TJX Companies ($TJX) 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 early August. In 22 trading day, $TJX was up 14% or $13.67 per share.
O’Reilly Automotive ($ORLY) follows the idea of $TJX, but for a much longer time period. That market had a bullish crossover in early-July. 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 42 trading days ago, the market was up almost 22% or $57.20 per share.
Incyte ($INCY) had the blue line cross above the black line starting in early-August 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 16 trading days, the market was up 13.88% or $9.05 per share.