Hot Stocks Outlook for the Week of January 18th, 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 Callaway Golf ($ELY), Netflix (NFLX), Rowan Companies ($RDC), First Solar ($FSLR) and Southwest Airlines ($LUV).
This Week’s Hot Stocks Outlook
Callaway Golf ($ELY)
Callaway Golf ($ELY) had a predictive moving average crossover to the upside in late-December indicating a bearish 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. The predicted trading range was also higher than the previous day. After 10 trading days, Callaway Golf was up 8.28% or $1.26 per share.
Netflix ($NFLX)
Netflix ($FLX) follows the same idea (yes, it’s really that simple!) and is certainly no stranger to our Hot Stocks Outlook. In fact, it’s one of our most popular stocks! Netflix 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 moving from red to green. Options traders can really exploit this bullish market by buying some call options too. In 11 trading days, this market was up 34.93% or $91.08 per share.
Rowan Companies ($RDC)
Rowan Companies ($RDC) follows the same idea that exact same idea. And really there was a lot of strength all throughout the energy space. 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 12 trading days, this market was up 33.19% or $2.85 per share.
First Solar ($FSLR)
First Solar ($FSLR) 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 11 trading days, $FSLR was up 14.72% or $6.12 per share.
Southwest Airlines ($LUV)
Southwest Airlines ($LUV) 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 early-January. On January 4th, VantagePoint Power Traders received double confirmation of a bullish trend once that neural index went from red to green. In 7 trading days, $LUV was up 5.86% or $2.79 per share.
