Hot Stocks Outlook for the Week of December 15th, 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 CSX ($CSX), Meredith ($MDP), Clorox ($CLX), Nike ($NKE), and Akamai ($AKAM).
This Week’s Hot Stocks Outlook
CSX ($CSX) had a predictive moving average crossover to the upside just before Thanksgiving indicating a bullish trend. When that blue line crossed above the black line, VantagePoint users know they can start taking long positions. While the momentum seems to have stalled of late, the blue line is still above the blue line. That tells traders the uptrend is still in play. Since the initial crossover to the upside, the market has moved up nearly 14% in 14 trading days or $6.92 per share.
Meredith ($MDP) saw a predictive moving average crossover to the upside in early November indicating the beginning of a new bullish trend. At that time, stock prices were around $53. 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 21 days, the market was up more than 35% or $18.44 per share.
Clorox ($CLX) takes us back even farther than the previous two markets. It had a bullish crossover at the beginning of November. There has been a considerable amount of separation between the blue line and black lines since the trend began. If traders had gotten in on the crossover, they’d be enjoying prices rising 14.49% or $18.55 in just 28 trading days.
Nike ($NKE) makes a return appearance to the Hot Stocks Outlook. The trend we previously featured is still ongoing. The original crossover occurred in mid-October and has seen prices climb more than 24% in 39 trading days. In just the last week alone, prices have jumped more than $4 per share. The neural index is still in the one position, so this trend could continue into next week.
Akamai ($AKAM) ends this week’s Hot Stocks Outlook with a trend that takes us back three months. VantagePoint indicated this bullish crossover in late August. Prices were trading around $46 per share. The blue line never crossed below the black line so traders knew had confidence they could leave this trend alone and just watch the growth pour in. In 73 trading days, the market has gained 22.61%, or $10.47.
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.