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 Spectrum Pharmaceuticals ($SPPI), Bioscrip Inc ($BIOS), Acadia Healthcare Company ($ACHC), Anadarko Petroleum ($APC) and Northern Oil and Gas ($NOG).
This Week’s Hot Stocks Outlook
Spectrum Pharmaceuticals ($SPPI) had a predictive moving average crossover to the upside in early June indicating an upswing and traders could start taking long positions. Additionally, the VantagePoint neural index moved to a “one” position and generally stayed there. This indicated that it was a good time to be a buyer in the market. In 16 days, the market is up almost 30% or $1.73 per share.
Bioscrip Inc ($BIOS) also had a predictive moving average crossover to the upside in late May signaling to traders to start going long. Additionally, the neural index was at a “one” position indicating there is a lot of short-term strength in this market. That market had a great bullish rally with no signs of slowing down. Traders who used VantagePoint were able to get in at the very beginning of this trend and make some serious profits.
Acadia Healthcare Company ($ACHC) also had a crossover to the upside in late May. Despite some slight sideways movement, VantagePoint never showed a crossover to the downside. Traders knew to stay long despite some shaky sideways movement.
Anadarko Petroleum ($APC) is trading down. The neural index moved to a “zero” position and VantagePoint showed a crossover to the downside. That bearish momentum has continued with no signs of slowing. In 22 trading days, the market is down 15% or $7.72 per share.
Northern Oil and Gas ($NOG) is another market that moved down. VantagePoint predicted that crossover all the way back in early April. This told traders to stop going long and to short the markets. In 57 trading days, the market is down a whopping 45% or $1.13 per share.
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.