Hot Stocks Outlook for the Week of February 2nd, 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 Amazon.com ($AMZN), Huntington Bancshares ($HBAN), Anika Therapeutics ($ANIK), Marriott ($MAR), and Nvidia ($NVDA).
This Week’s Hot Stocks Outlook
Amazon ($AMZN) had a predictive moving average crossover to the upside in early-January indicating a bullish trend. When that blue line crossed above the black line, VantagePoint users knew they could start taking long positions in this market. The Neural Index also supported that move to the upside when it moved to the “one” position. Since VantagePoint predicted that bullish move, the market was up almost 22% in 20 trading days or $261.47 per share.
Huntington Bancshares ($HBAN) also had a bullish crossover to the upside in early-January. When the blue line crossed above the black line, that’s when traders new the trend was changing. The Neural Index also moved into the “one” position confirming that market strength. Because of the VantagePoint indicators, traders knew they could begin taking long positions in this market. Since our coverage in early January, the market was up over 8% or $1.26 per share.
Anika Therapeutics ($ANIK) follows the same general principle. It has that bullish crossover in late-December. This was a clear indicator for traders to begin going long. The Neural Index was also at a “one” forecasting that projected strength. In 23 trading days, $ANIK was up 25.72% or $13.67 per share.
Marriott ($MAR) is no stranger to the Hot Stocks Outlook. The market had a crossover to the upside in early September and had an amazing bullish run. The indicators within VantagePoint also gave traders great end of day data with predictive high and low values.
Nvidia ($NVDA) had a crossover to the upside in mid-December. Despite a period of consolidation through the end of December, that uptrend continued. Since that crossover of the blue line 28 trading days ago, the market was up almost 26% or $50.48 per share.