Hot Stocks Outlook for the Week of December 14th, 2018
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 U.S. Steel ($X), General Mills ($GIS), Palo Alto Networks ($PANW), PICO Holdings ($PICO), and ResMed ($RMD).
This Week’s Hot Stocks Outlook
U.S. Steel ($X) had a predictive moving average crossover to the downside in early-November indicating a bearish trend. As soon as the blue line crossed above the black line, Vantagepoint Power Traders knew they should start taking short positions in this market because the trend was moving lower. In 19 trading days, $X was down 25.24% or $7.00 per share.
General Mills ($GIS) follows the same idea. It’s really that simple! The market had a crossover to the downside in early-November when that blue line made the cross below the black line. The neural index also reflected that short-term weakness from green to red. Since that bearish crossover 15 trading days ago, $GIS was down 13.49% or $6.01 per share.
Palo Alto Networks ($PANW) follows the same idea, but to the upside. Traders can see that blue line crossed above the black line in late-November, which was a clear indication that a bullish trend was beginning. Each evening, Vantagepoint traders review the end of day data in just minutes and set their positions for the next day. In 9 trading days, $PANW was up 8.61% or $15.04 per share.
PICO Holdings ($PICO) follows the same idea to the upside like Palo Alto Networks. That market had a bullish crossover in late-November. Traders knew, with confidence, that they could begin taking long positions in this market when that crossover of the blue line above the black line. We also received double confirmation when the neural index turned green and confirmed that short-term strength. In 9 trading days, $PICO was up 5.23% or $0.52 per share.
ResMed ($RMD) is another trend to the upside. The market had a bullish crossover when that blue line crossed above the black line starting in late-November. In 11 trading days, ResMed was up 10.54% or $10.98 per share. Going long this particular market proved profitable for traders using Vantagepoint.