Hot Stocks Outlook for the Week of November 16th, 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 McDonald’s ($MCD), Oasis Petroleum ($OAS), Crocs ($CROX), Activision (ATVI), and Electronic Arts ($EA).
This Week’s Hot Stocks Outlook
McDonald’s ($MCD) had a predictive moving average crossover to the upside in late-October indicating a bullish trend. As soon as the blue line crossed below the black line, VantagePoint Power Traders knew they should start taking long positions in this market because the trend was moving higher. In 18 trading days, $MCD was up 10.42% or $17.35 per share. Those are some tasty profits!
Oasis Petroleum ($OAS) follows the same idea, but with the opposite approach. The market had a crossover to the downside in early-October 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 bullish crossover 27 trading days ago, $OAS was down 38.48% or $5.17 per share.
Crocs ($CROX) is the same as McDonald’s. You can see that blue line crossed above the black line in late-October, which was a clear indication that a bullish trend was beginning. It’s truly that simple. In 11 trading days, $CROX was up 31.78% or $6.52 per share.
Activision ($ATVI) follows like Oasis Petroleum to the downside. That market had a bearish crossover in early-October. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. We also received double confirmation when the neural index turned red and confirmed that short term weakness. There were several periods of consolidation, but the lines never crossed which told traders the trend wasn’t over. In 29 trading days, $ATVI was down 35.67% or $28.56 per share.
Electronic Arts ($EA) is another downer. The market had a bearish trend that began when that blue line crossed below the black line starting in early-October. In 29 trading days, Electronic Arts was down 25.80% or $29.77 per share.