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 Autodesk ($ADSK), Intel ($INTC), Tenaris ($TS), Radian Group ($RDN), and Paychex ($PAYX).
This Week’s Hot Stocks Outlook
Autodesk ($ADSK) had a predictive moving average crossover to the upside in late-September indicating a bullish trend. Traders knew this when the blue line crossed above the black line. This also indicated that they could start taking long positions. Since that crossover, the market was up over 6% in 17 trading days or $7.49 per share.
Intel ($INTC) also had a predictive moving average crossover to the upside in the late-August indicating a bullish trend was beginning. The Neural Index also moved into the “one” position confirming that strength over the short-term. The indicators in VantagePoint gave a clear sign to traders that they should start taking long positions in this market. In 30+ trading days, the market was up over 16% or over $5.84 per share.
Tenaris ($TS) a bearish crossover in late-September and the Neural Index moved to a “zero” position indicating that the market was expected to weaken over the short term. In 20 trading days, the market was down about 9% or almost $3.00 per share.
Radian Group ($RDN) had a bullish crossover to the upside all the way back in early-September indicating to traders that they could start taking long positions in this particular market. The Neural Index also moved to a “one” position confirming that strength. In 29 trading days, Radian Group was up almost 18% or over $3.00 per share.
Paychex ($PAYX) 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. In 45 trading days, the market was up almost 15% or $8.27 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.