Hot Stocks Outlook for the Week of January 11th, 2019
VantagePoint Software reviews five fresh stocks each week. The Hot Stocks Outlook uses VantagePoint market forecasts that are up to 87.4% accurate to demonstrate how traders can improve their timing and direction. In this week’s VantagePoint review video, we analyze forecasts for Amazon.com ($AMZN), Electronic Arts (EA), Netflix ($NFLX), Roku ($ROKU) and Transocean ($RIG).
This Week’s Hot Stocks Outlook
Amazon.com ($AMZN) had a predictive moving average crossover to the upside in late-December indicating a bearish trend (and is no stranger to the Hot Stocks Outlook). 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. After 6 trading days, Amazon was up 13.20% or $193.64 per share. Wow! Traders who are interested in Options can use VantagePoint to know what days to execute those call options and definitely cover any short positions.
Electronic Arts ($EA) follows the same idea (yes, it’s really that simple!) The market 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 from red to green. In 6 trading days, this market was up 13.66% or $10.72 per share.
Netflix ($NFLX) follows the same idea that exact same idea. Traders can see that blue line cross above the black line in late-December, which was a clear indication that a bullish trend was beginning. VantagePoint traders review the end of day data in just minutes and set their positions for the next day. With the blue line above the black line, the neural index at green, and the predicted high above the previous close price, VantagePoint Power Traders have THREE different indicators that show bullish strength. In 6 trading days, this market was up 23.22% or $60.27 per share.
Roku ($ROKU) is like the others and has had a really bullish trend. 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 6 trading days, $ROKU was up 40.74% or $12.13 per share.
Transocean ($RIG) is our last trend to the upside this week. The market had a bullish crossover when that blue line crossed above the black line starting in late-December. Using the data in Vantagepoint, traders can go long in this market using the predictive highs/low and buy at the predictive lows. In 6 trading days, $RIG was up 23.81% or $1.64 per share.