The Hot Stocks Outlook uses VantagePoint’s 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 Spartan Motors ($SPAR), Himax Technologies ($HIMX), Spectrum Pharmaceuticals ($SPPI), and Delta Air Lines ($DAL).
This Week’s Hot Stocks Outlook
Spartan Motors ($SPAR) had a bullish crossover in early March. Prices were trading around $6.80 and quickly saw five days of growth. That was followed by five days of sideways movement before we see more growth at the start of this week. Overall, the market has seen nearly 10%, growth as prices have climbed $0.66 in just 12 trading days. This markets also presents some great day trading opportunities. Shorter term traders are presented with numerous opportunities to make 3-4% returns on trades.
Himax Technologies ($HIMX) is back again! We’ve featured it in previous Hot Stocks Outlook videos as far back as February. This stock continues to build off the bullish crossover from mid-February. It battled through some sideways trading at the end of last month and is now up more than 73% in 31 trading days. That’s nearly $4 per share as prices now close in on $9.50.
Spectrum Pharmaceuticals ($SPPI) is the longest trend we are covering in this week’s Hot Stocks Outlook. This bullish trend has been in place since late January. Prices have since climbed from about $4.60 up to nearly $6.50. That 39% growth has occurred in just 39 trading days.
Delta Air Lines ($DAL) had a bearish crossover signaled by VantagePoint in early March with prices around $50. Prices fell fast, losing more than 4% from the daily high of the first day to the next day’s close. Overall, the market has lost nearly $4.50 in 19 trading days. The $46 range it’s trading in now is nearly 9% less than where the market was at the beginning of the trend.
About the Hot Stocks Outlook
The Hot Stocks Outlook is a weekly video series. Its design is to show traders how improving their timing is the key to maximizing gains and minimizing losses. VantagePoint Trading Software identifies trend reversals with unmatched accuracy, helping traders get into the right side of trades at the right time.