Hot Stocks Outlook for the Week of February 9th, 2018
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 Electronic Arts ($EA), AK Steel Holding ($AKS), Motorola ($MSI), Baker Hughes ($BHGE), and Pulte Homes ($PHM).
This Week’s Hot Stocks Outlook
Electronic Arts ($EA) had a predictive moving average crossover to the upside in late-December 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. Since VantagePoint predicted that bullish move, the market was up 14% in 24 trading days or $14.93 per share.
AK Steel Holding ($AKS) had a bearish crossover to the downside in mid-January. When the blue line crossed below the black line, that’s when traders new the trend was changing. Despite some sideways movement early on, the lines never crossed again so traders knew that downtrend wasn’t over yet. Since that crossover, the market was down 37% or $1.68 per share.
Motorola ($MSI) follows the same general principle. It had that bullish crossover in early-January. This was a clear indicator for traders to begin going long. The Neural Index also supported that move. In 21 trading days, $MSI was up 10% or $10.41 per share.
Baker Hughes had a crossover to the downside in mid-January. The indicators within VantagePoint also gave traders great end of day data with predictive high and low values. In 13 trading days, the market was down 24% or $6.79 per share.
Pulte Homes ($PHM) had a crossover to the downside in late-January. Traders knew they could begin shorting the market. Since that crossover of the blue line 9 trading days ago, the market was down 13% or $4.64 per share.