The Hot Stocks Outlook uses VantagePoint 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 Curtiss-Wright Corporation ($CW), PolyOne ($POL), American Express ($AXP), Alexion ($ALXN), and Cabot Microelectronics ($CCMP).
This Week’s Hot Stocks Outlook
Curtiss-Wright Corporation ($CW) had a predictive moving average crossover to the upside in late-August indicating a bullish trend. VantagePoint makes it simple for traders to know when to go long; when that blue line crosses above the black line. Since that crossover to the upside, the market was up over 23% in 47 trading days or $22.63 per share.
PolyOne ($POL) also had a predictive moving average crossover to the upside in the early-September indicating a bullish trend was beginning. The Neural Index also moved into the “one” position confirming that strength over the short-term. Despite some slight sideways movement during a consolidation period in mid-October, the blue line never crossed below the black line. This meant the bullish trend would continue. In 30+ trading days, the market was up almost 27% or over $9.77 per share.
American Express ($AXP) was another with a bullish crossover in mid-September. The Neural Index moved to a “one” position indicating that the market was expected to strengthen over the short term. In 35 trading days, the market was up about 12% or almost $10.00 per share.
Alexion ($ALXN) had a bearish crossover to the downside back in mid-October indicating to traders that they should start taking short positions in this particular market. Traders knew this when the blue line crossed below the black line. The Neural Index also moved to a “zero” position confirming that short-term weakness. In 10 trading days, Alexion was down almost 18% or $24.54 per share.
Cabot Microelectronics ($CCMP) had a crossover to the upside in late-August. That blue line never crossed below the black line so traders knew with confidence that the bullish trend would continue and they could continue to go long, despite a lot of sideways movement in the market. In 45 trading days, the market was up almost 40% or $27.83 per share.
About the Hot Stocks Outlook
The Hot Stocks Outlook is a weekly video series. It’s designed to show traders how improving their timing is the key to maximizing gains and minimizing losses. VantagePoint Trading Software identifies trend reversals with up to 86% accuracy, helping traders get into the right side of trades at just the right time.