Hot Stocks Outlook for the Week of May 25th, 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 F5 Networks ($FFIV), Microchip Technology ($MCHP), Deckers Outdoor ($DECK), Sirius XM Radio ($SIRI), and HollyFrontier ($HFC).
This Week’s Hot Stocks Outlook
F5 Networks ($FFIV) had a predictive moving average crossover to the upside in early-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 31 trading days, $FFIV was up almost 21% or $29.26 per share.
Microchip Technology ($MCHP) follows a similar pattern. The market had a crossover to the upside in early-May 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 almost 13% in 15 trading days or $10.52 per share.
Deckers Outdoor ($DECK) 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 was a clear indication that an uptrend was beginning. Since that crossover 17 trading days ago, $DECK was up 11.13% or $10.30 per share.
Sirius XM Radio ($SIRI) follows the same idea but to upside. That market had a bullish crossover in early-April. 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 25 trading days ago, the market was up over 10% or $0.65 per share.
HollyFrontier ($HFC) is no stranger to the Hot Stocks Outlook. This market 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! Despite a few periods of consolidation, that trend direction did not change. Thanks to VantagePoint, traders knew to continue going long. In 55 trading days, HollyFrontier was up 64.46% or $28.84 per share.