Hot Stocks Outlook for the Week of August 17th, 2018
The Hot Stocks Outlook uses VantagePoint market forecasts that are up to 87.4% accurate to demonstrate how traders can improve their timing and direction. In this week’s video, we analyze forecasts for Yum! Brands ($YUM), O’Reilly Automotive ($ORLY), Alibaba Group ($BABA), Dean Foods ($DF), and Delta Air Lines ($DAL).
This Week’s Hot Stocks Outlook
Yum! Brands ($YUM)
Yum! Brands ($YUM) had a predictive moving average crossover to the upside in late-July 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 10 trading days, $YUM was up 4.88% or $3.86 per share.
O’Reilly Automotive ($ORLY)
O’Reilly Automotive ($ORLY) follows a similar pattern. The market had a crossover to the upside in early-July 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 bearish crossover, the market was up almost 15% in 26 trading days or $41.85 per share.
Alibaba Group ($BABA)
Alibaba Group ($BABA) follows this pattern, but to the downside. Despite whatever trading strategy that traders are following, that blue line crossed below the black line and was a clear indication that a bearish trend was beginning. That trend has continued since the end of July. In 13 trading day, $BABA was down 10.81% or $20.57 per share.
Dean Foods ($DF)
Dean Foods ($DF) follows the idea of $BABA. That market had a bearish crossover in mid-July. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. Remember, the trend is your friend! Since that crossover of the blue line 22 trading days ago, the market was down almost 20% or $2.06 per share.
Delta Air Lines ($DAL)
Delta Air Lines ($DAL) 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. In 27 trading days, the market was up over 10% or $5.25 per share.
