Hot Stocks Outlook for the Week of November 9th, 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 VantagePoint review video, we analyze forecasts for Kroger ($KR), McDonald’s ($MCD), Boston Beer ($SAM), Electronic Arts ($EA), and Baxter ($BAX).
This Week’s Hot Stocks Outlook
Kroger ($KR) had a predictive moving average crossover to the upside in late-October indicating a bullish trend. As soon as the blue line crossed below the black line, VantagePoint Power Traders knew they should start taking long positions in this market because the trend was moving higher. In 12 trading days, $KR was up 13.01% or $3.61 per share.
McDonald’s ($MCD) follows the same idea. The market had a crossover to the upside in mid-October when that blue line made the cross above the black line. The neural index also reflected that short-term strength from red to green. Since that bullish crossover 13 trading days ago, $MCD was up 10.50% or $17.50 per share.
Boston Beer ($SAM)
Boston Beer ($SAM) is the same. You can see that blue line crossed above the black line in mid-October, which was a clear indication that a bullish trend was beginning. It’s truly that simple. In 12 trading days, $SAM was up 11.15% or $30.71 per share.
Electronic Arts ($EA)
Electronic Arts ($EA) follows like the others, but to the downside. That market had a bearish crossover in early-October. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. We also received double confirmation when the neural index turned red and confirmed that short term weakness. In 24 trading days, $EA was down 19.53% or $22.59 per share.
Baxter ($BAX) is another downer. The market had a bearish trend that began when that blue line crossed below the black line starting in late-September. In 30 trading days, Baxter was down 17.81% or $13.76 per share.
The post VantagePoint Hot Stocks Outlook for the Week of November 9th, 2018 appeared first on VantagePoint.