Hot Stocks Outlook for the Week of September 28th, 2018
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 Viacom ($VIAB), TG Therapeutics ($TGTX), Radiant Logistics ($RLGT), Digital Realty Trust ($DLR), and Exxon Mobil ($XOM).
This Week’s Hot Stocks Outlook
Viacom ($VIAB) had a predictive moving average crossover to the upside in early-September indicating a bullish trend. As soon as the blue line crossed above the black line, VantagePoint Power Traders knew they should start taking long positions in this market because the trend was bullish. In 32 trading days, $VIAB was up 13.91% or $4.12 per share.
TG Therapeutics ($TGTX) follows the same idea, but to the downside. The market had a crossover to the downside in early-September when that blue line made the cross below the black line. The neural index also reflected that short-term weakness moving from green to red. Since that bearish crossover, the market was down almost 60% in 15 trading days or $7.20 per share.
Radiant Logistics ($RLGT) had a great bull run. You can see that blue line crossed above the black line in early August and was a clear indication that a bearish trend was beginning. There was a bit of sideways movement, then BAM! A huge gap up starting in mid-September. In 18 trading days since that big gap up, $RLGT was up 31.66% or $1.34 per share.
Digital Realty Trust ($DLR) follows $TGTX to the downside as well. That market had a bearish crossover in early-September. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. We also received double confirmation when the neural index turned red and confirmed that short-term weakness. Since that crossover of the blue line 13 trading days ago, the market was down over 9% or $12.20 per share.
Exxon Mobil ($XOM) had a bullish trend begin when that blue line crossed above the black line starting in mid-August. In 24 trading days, Exxon Mobil was up 8.345 or $6.60 per share.