Hot Stocks Outlook for the Week of December 8th, 2017
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 Kroger ($KR), Dean Foods ($DF), Foot Locker ($FL), Bed Bath & Beyond ($BBBY), and Abercrombie & Fitch ($ANF).
This Week’s Hot Stocks Outlook
Kroger ($KR) had a predictive moving average crossover to the upside in early-November indicating a bullish trend. When that blue line crossed above the black line, VantagePoint users know they can start taking long positions. Despite some sideways movement, that blue line never crossed below the black line. That told traders that the uptrend would continue. Since that crossover to the upside, the market was up over 23% in 23 trading days or $5.00 per share.
Dean Foods ($DF)
Dean Foods ($DF) is no stranger to the Hot Stocks Outlook. It also had a predictive moving average crossover to the upside in the late-November indicating a bullish trend was starting. The Neural Index also moved into the “one” position confirming that market strength over the short-term. Because of the VantagePoint indicators, traders knew they could begin taking long positions in this market. In 18 days, the market was up over 18% or $1.82 per share.
Foot Locker ($FL)
Foot Locker ($FL) had a bullish crossover in early-November Despite some sideways movement and a consolidation period during early-November, the blue line never crossed below the black line. This meant that traders knew the bullish trend was expected to continue and to continue going long. In 17 trading days, the market was up over 45% or almost $14.00 per share.
Bed Bath & Beyond ($BBBY)
Bed Bath & Beyond ($BBBY) had a really strong bullish crossover to the upside back in mid-November indicating to traders that they should start taking long positions in this particular market. VantagePoint makes it simple- traders knew this when the blue line crossed above the black line. The Neural Index also moved to a “one” position confirming that short-term strength. In 15 trading days, the market was up over 15% or over $3.00 per share.
Abercrombie & Fitch ($ANF)
Abercrombie & Fitch ($ANF) had a crossover to the upside in early-November. That blue line never crossed below the black line so traders knew with confidence that the bullish trend would continue and they could continue to take long positions. Even during the period of consolidation during the first half of November. The predicted high and low ranges in VantagePoint make it so traders can get the best price possible for their trades on a daily basis. Since that crossover, the market was up almost 44% or $5.34 per share in 15 trading days.
About the Hot Stocks Outlook
The Hot Stocks Outlook is a weekly video series. It’s designed to show traders how improving their timing is the key to maximizing gains and minimizing losses. VantagePoint Trading Software identifies trend reversals with up to 86% accuracy, helping traders get into the right side of trades at just the right time.