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 Alcoa Inc. ($AA), Vale S.A. ($VALE), Vonage Holdings Corporation ($VG), Ryder System ($R) and Dean Foods ($DF).
This Week’s Hot Stocks Outlook
Alcoa Inc. ($AA) had a predictive moving average crossover to the upside in late June indicating a bullish trend. Additionally, the VantagePoint neural index moved to a “one” position. This indicated to traders that there is short-term strength in that market. Since that crossover, the market was up almost 12% in 12 trading days or $3.56 per share.
Vale S.A. ($VALE) had a similar movement like Alcoa. There was a predictive moving average crossover to the upside indicating a bullish trend. Despite some sideways movement, but that blue line never crossed back over the black line. This indicated that the bullish trend would continue and traders didn’t need to get out of the market.
Vonage Holdings Corporation ($VG) had a crossover to the downside in mid-June and the neural index moved to a “zero” position indicating that the market was expected to weaken over the short term. With the indicators in VantagePoint, traders knew they could begin taking short positions. In the 19 trading days since the market was down 8.90% or $0.62 per share.
Ryder System ($R) has been featured before. This market had a bullish crossover in June. The neural index moved to a “one” position and that bullish strength has continued (despite some sideways movement). In 15 trading days, the market was up almost 9% or $6.00 per share.
Dean Foods ($DF) also had a bearish crossover in mid-June. There was quite a bit of sideways movement in the days following, but VantagePoint never predicted that downtrend was over. This gave traders the insight they needed to short the market despite the sideways movement. In 15 trading days, the market was down almost 17% or $2.98 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.