Hot Stocks Outlook for the Week of June 22nd, 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 TJX Companies ($TJX), Accelerate Diagnostics ($AXDX), Netflix ($NFLX), Pacific Biosciences of California ($PACB), and West Pharmaceutical Services ($WST).
This Week’s Hot Stocks Outlook
TJX Companies ($TJX) had a predictive moving average crossover to the upside in mid-May indicating a bullish trend. As soon as the 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. In 27 trading days, $TJX was up almost 15% or $12.35 per share.
Accelerate Diagnostics ($AXDX) follows a similar pattern to the upside. The market had a crossover to the upside in early-June when that blue line made the cross above the black line. The neural index also reflected that short-term strength. All of this indicated to traders that the uptrend was beginning and to start going long in this particular market. Since that crossover, the market was up over 15% in 10 trading days or $3.24 per share.
Netflix ($NFLX) also had a bullish crossover in mid-May and is no stranger to this Hot Stocks Outlook. Despite whatever trading strategy that traders are following, that blue line crossed above the black line and was a clear indication that an uptrend was beginning. Despite a very early period of consolidation, the trend was still bullish. Since that crossover 21 trading days ago, $NFLX was up a whopping 25.98% or $85.95 per share.
Pacific Biosciences of California ($PACB) follows the same idea. That market had a bullish crossover in early-June. Traders knew, with confidence, that they could begin going long in the market when the predictive indicators in VantagePoint showed that crossover to the upside. Since that crossover of the blue line 13 trading days ago, the market was up almost 52% or $1.34 per share.
West Pharmaceutical Services ($WST) is basically the same as the last . This market had a very clear crossover to the upside in early-May. When the blue line crossed above the black line, that’s when traders new the trend was beginning and to go long in the market. It’s that simple! In 26 trading days, West Pharmaceutical Services was up 14.38% or $12.81 per share.