Hot Stocks Outlook for the Week of December 29th, 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 Home Depot ($HD), Halliburton ($HAL), Urban Outfitters ($URBN), Spirit Airlines ($SAVE), and Marriott ($MAR).
This Week’s Hot Stocks Outlook
Home Depot ($HD) had a predictive moving average crossover to the upside in mid-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 and a period of consolidation in mid-December, 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 15% in 30 trading days or $25.47 per share.
Halliburton ($HAL) also had a crossover to the upside at the beginning of December. This indicated to traders that 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 15 trading days, the market was up over 13% or $5.72 per share.
Urban Outfitters ($URBN) had a bullish crossover in early-November and had a really great run since. Despite a period of slight consolidation in the middle of the month, 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 31 trading days, the market was up almost 44% or almost $10.81 per share.
Spirit Airlines ($SAVE) followed 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 27 trading days, the market was up over 23% or $8.62 per share.
Marriott ($MAR) had a really nice run for almost 4 months. The market had a crossover to the upside in late-August. Since that crossover of the blue line 4 months ago, the market was up almost 36% or $35.66 per share in 84 trading days. Traders were able to make substantial profits by following the key indicators within VantagePoint.
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 87.4% accuracy, helping traders get into the right side of trades at just the right time.