Hot Stocks Outlook for the Week of February 8th, 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 Jabil ($JBL), Anthem ($ANTM), Roku ($ROKU), New York Community Bancorp ($NYCB) and Ulta Salon, Cosmetics & Fragrance ($ULTA).
This Week’s Hot Stocks Outlook
Jabil ($JBL) 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 17 trading days, this market was up 12.34% or $3.03 per share.
Anthem ($ANTM) follows the same idea (yes, it’s really that simple!) $ANTM had a crossover to the upside in early-January when that blue line made the cross above the black line. The neural index also reflected short-term strength moving from red to green. In 17 trading days, this market was up 22.21% or $56.63 per share.
Roku ($ROKU) follows the same idea as the others. 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. You can even see that huge gap up around the 4th. Traders on the right side of that trend got some great profit. In 23 trading days, $ROKU was up 44.90% or $15.11 per share.
New York Community Bancorp ($NYCB) 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 26 trading days, $NYCB was up 30.54% or $2.82 per share.
Ulta Salon, Cosmetics & Fragrance ($ULTA) is our last trend to the upside this week and had a great run just like Roku. The market had a bullish crossover when that blue line crossed above the black line starting in late-December. VantagePoint Power Traders received double confirmation of a bullish trend once that neural index went from red to green. In 27 trading days, $ULTA was up 22.60% or $54.18 per share.