Hot Stocks Outlook for the Week of March 8th, 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 Walgreens Boots Alliance ($WBA), New York Times Company ($NYT), Skechers ($SKX), Kimco Realty ($KIM) and Lockheed Martin ($LMT).
This Week’s Hot Stocks Outlook
Walgreens Boots Alliance ($WBA) had a predictive moving average crossover to the downside in mid-February indicating a bearish trend. As soon as the blue line (predictive moving average) crossed below the black line (simple moving average), Vantagepoint Power Traders knew they should start taking short positions in this market because the trend was moving lower. In 8 trading days, this market was down 14% or over $10 per share.
New York Times Company ($NYT) follows the same idea (yes, it’s really that simple!) but to the upside instead of the downside. $NYT 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. In 41 trading days, this market was up 45.79% or $10.49 per share.
Skechers ($SKX) follows the same idea as the New York Times Company. Traders can easily see that blue line cross above the black line in late-December, which was a clear indication that a bullish trend was beginning. You can even see that huge gap up around mid-February. Traders on the right side of that trend got some great profit. In 47 trading days, $SKX was up 46% or $10.72 per share.
Kimco Realty ($KIM) is like $WBA. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. In 9 trading days, $KIM was up 2.75% or $0.49 per share.
Lockheed Martin ($LMT) is our last trend to the upside (and downside) this week and is certainly no stranger to the outlook. The market had a HUGE bullish crossover when that blue line crossed above the black line starting in late-December. VantagePoint Power Traders received double confirmation of a bullish trend once that neural index went from red to green. But then you can see the downtrend starting in early march when the trend reversed and the lines crossed again. It’s really that simple!