Hot Stocks Outlook for the Week of December 22nd, 2017

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 Federated Investors ($FII), AmerisourceBergen ($ABC), Nucor ($NUE), Reliance Steel & Aluminum ($RS), and Alcoa, Inc. ($AA).

This Week’s Hot Stocks Outlook

Federated Investors ($FII)

Federated Investors ($FII) 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 knew they could 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 16% in 22 trading days or $5.22 per share.

AmerisourceBergen ($ABC)

Amerisource Bergen ($ABC) also had a crossover to the upside in the mid-November. This indicated to traders that a bullish trend was beginning. 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 26 trading days, the market was up over 24% or $18.68 per share.

Nucor ($NUE)

Nucor ($NUE) had a bullish crossover in late-November. Despite a period of consolidation at the beginning of that crossover, the blue line never crossed below the black line. This meant that traders knew, with confidence, that the bullish trend was expected to. As long as the blue line remained above the black line, it was a good time to be a buyer! In 18 trading days, the market was up over 15% or almost $8.50 per share.

Reliance Steel & Aluminum ($RS)

Reliance Steel & Aluminum (RS)) follows a similar pattern. It had that crossover and traders knew right away that the bullish trend was starting. 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 19 trading days, the market was up over 12% or over $9.77 per share.

Alcoa, Inc. ($AA)

Alcoa, Inc. ($AA) had a crossover to the upside in early-December. Despite some sideways movement and periods of consolidation, the blue line never crossed below the black line. This gave traders a clear indication that the uptrend would continue. The predicted high and low ranges in VantagePoint also make it so traders can get the best price possible for their trades on a daily basis. Since that crossover of the blue line, the market was up almost 18% or $7.46 per share in 6 trading days. Traders were able to make substantial profits on a relatively inexpensive stock with this trade.