Hot Stocks Outlook for the Week of May 18th, 2018
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 video, we analyze forecasts for Genworth Financial ($GNW), Opko Health ($OPK), Under Armour ($UAA), Brookfield Infrastructure ($BIP), Chevron ($CVX), and Valero Energy ($VLO).
This Week’s Hot Stocks Outlook
Genworth Financial ($GNW) had a predictive moving average crossover to the upside in late-April 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 16 trading days, $GNW was up almost 20% or $0.53 per share.
Opko Health ($OPK) follows a similar pattern. The market had a crossover to the upside in mid-April when that blue line made the cross above the black line. All of this indicated to traders that the trend was beginning and to start going long. There was a bit of sideways movement, but VantagePoint indicated the trend was still to the upside and to continue going long. Then, the market had a massive gap up in the beginning of May. Since that crossover, the market was up almost 60% in 21 trading days or $1.85 per share.
Under Armour ($UAA) also had a bullish crossover in late-April. Despite whatever trading strategy that traders are following, that blue line crossed above the black line and that was a clear indication that an uptrend was beginning. Since that crossover 16 days ago, $UAA was up 23.85% or $3.96 per share.
Brookfield Infrastructure ($BIP) follows the same idea but to the downside. That market had a bearish crossover in early-April. Traders knew, with confidence, that they could begin shorting the market when the predictive indicators in VantagePoint showed that crossover to the downside. Since that crossover of the blue line 24 trading days ago, the market was down over 7% or $3.11 per share.
Chevron ($CVX) had a very clear crossover to the upside. When the blue line crossed above the black line, that’s when traders new the trend was beginning and to start going long. It’s that simple! In 30 trading days, Chevron was up 12.94% or $14.84 per share.
Valero Energy ($VLO) had a very clear crossover to the upside as well. This is almost the exact same trade as Chevron. Two great energy stocks to make money with. In 30 trading days, Valero Energy was up 23.36% or $21.84 per share.