Hot Stocks Outlook for the Week of February 1st, 2019
VantagePoint Software reviews five fresh stocks each week. 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 VantagePoint review video, we analyze forecasts for AvalonBay Communities ($AVB), IBM ($IBM), Gamestop ($GME), Southwest Airlines ($LUV) and Xerox ($XRX).
This Week’s Hot Stocks Outlook
AvalonBay Communities ($AVB) had a predictive moving average crossover to the upside in early-January indicating a bullish trend. As soon as the blue line (predictive moving average) crossed above the black line (simple moving average), Vantagepoint Power Traders knew they should start taking long positions in this market because the trend was moving higher. In 15 trading days, this market was up 10.48% or $18.14 per share.
IBM ($IBM) follows the same idea (yes, it’s really that simple!) $IBM had a crossover to the upside in late-December when that blue line made the cross above the black line. The neural index also reflected that short-term strength moving from red to green. In 19 trading days, this market was up 19.00% or $21.46 per share.
Gamestop ($GME) follows the same idea that exact same idea on both sides of the trend. Traders can easily see that blue line cross above the black line in late-December, which was a clear indication that a bullish trend was beginning. Then, in mid-January, you can see the trend shift. The blue line crossed below the black line, which indicated a bearish trend (and the ability to traders to start shorting the market. After that downturn, $GME was down 29.87% or $4.76 per share.
Southwest Airlines ($LUV) is like the others and has been having a great bullish run with no signs of slowing down. Traders knew, with confidence, that they could begin going long in this market when that crossover of the blue line above the black line. In 17 trading days, $LUV was up 20.53% or $9.79 per share.
Xerox ($XRX) is our last trend to the upside this week and had a great run just like Southwest. The market had a bullish crossover when that blue line crossed above the black line starting in early-January. VantagePoint Power Traders received double confirmation of a bullish trend once that neural index went from red to green. In 17 trading days, $XRX was up 37.49% or $7.68 per share.