Hot Stocks Outlook for the Week of February 22nd, 2019
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 Air Products & Chemicals ($APD), Garmin ($GRMN), Harris ($HRS), Stamps.com ($STMP) and Ulta Salon, Cosmetics & Fragrance ($ULTA).
This Week’s Hot Stocks Outlook
Air Products & Chemicals ($APD) had a predictive moving average crossover to the upside in mid-January indicating a bullish trend. As soon as the blue line (predictive moving average) crossed above the black line (simple moving average), Vantagepoint Power Traders knew they should start taking long positions in this market because the trend was moving higher. In 20 trading days, this market was up 13.57% or $21.24 per share.
Garmin ($GRMN) follows the same idea (yes, it’s really that simple!) $GRMN had a crossover to the upside in late-December 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. In 35 trading days, this market was up 32.93% or $20.62 per share.
Harris ($HRS) follows the same idea as the others. Traders can easily see that blue line cross above the black line in early-January, which was a clear indication that a bullish trend was beginning. You can even see that huge gap up around the 1st of February. Traders on the right side of that trend got some great profit. In 32 trading days, $HRS was up 25.35% or $33.42 per share.
Stamps.com ($STMP) is like the others and has been having a great bullish run with no signs of slowing down. Traders knew, with confidence, that they could begin going long in this market when that crossover of the blue line above the black line. In 26 trading days, $NYCB was up 30.54% or $2.82 per share.
Ulta Salon, Cosmetics & Fragrance ($ULTA) is our last trend to the upside this week and is certainly no stranger to the outlook. The market had a bullish crossover when that blue line crossed above the black line starting in late-December. VantagePoint Power Traders received double confirmation of a bullish trend once that neural index went from red to green. In 35 trading days, $ULTA was up 27.50% or $66.17 per share.