Hot Stocks Outlook for the Week of March 2nd, 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 Scripps Networks Interactive ($SNI), United Parcel Service ($UPS), Borgwarner ($BWA), Delphi Automotive ($DLPH), and Ryder System ($R).
This Week’s Hot Stocks Outlook
Scripps Networks Interactive ($SNI)) had a predictive moving average crossover to the upside in mid-February indicating a bullish trend. When that blue line crossed above the black line, VantagePoint users knew they should start taking long positions in this market. The Neural Index also supported that move to the upside. Since VantagePoint predicted that bullish move of $SNI, the market was up 3.11% in 10 trading days or $2.71 per share.
United Parcel Service ($UPS) had a crossover to the downside in late-January really indicating that the trend is now down, and aligning with that neural index. This was a great indication to traders that it wasn’t a great time to be buying shares of $UPS. Since that crossover, the market was down almost 20% in 21 trading days or $25.88 per share. VantagePoint Software reviews this market constantly and indicated that traders needed to be going short, not long.
Borgwarner ($BWA) follows the same general principle. It had a bearish crossover in late-January. This was a clear indicator for traders to begin taking short positions. The Neural Index also supported that move. In 24 trading days, $BWA was down 13.92% or $7.94 per share. Despite a bit of sideways movement early on, the forecasts in VantagePoint never wavered from that downtrend.
Delphi Automotive (DLPH) has really taken a big hit. That market had a crossover to the downside in mid-January. Traders knew they could begin shorting the market. Since that crossover of the blue line 25 trading days ago, the market was down almost 16% or $8.83 per share.
Ryder System ($R) had a bearish crossover in late-January as well. When the blue line crossed below the black line, that’s when traders new the trend was changing and those traders who were long in this market knew to take some profits and begin taking shorts. Despite some sideways movement very early on, the line never crossed again so traders knew that downtrend wasn’t over yet. Since that crossover, the market was down 16.90% in 20 trading days or $14.73 per share.