Hot Stocks Outlook for the Week of January 22nd, 2018
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 Gilead Sciences ($GILD), Cardinal Health ($CAH), Fluor ($FLR), Duke Energy ($DUK), and American Electric Power ($AA).
This Week’s Hot Stocks Outlook
Gilead Sciences ($GILD)
Gilead Sciences ($GILD) had a predictive moving average crossover to the upside in late-December indicating a bullish trend. When that blue line crossed above the black line, VantagePoint users knew they could start taking long positions in this market. Since VantagePoint predicted that crossover to the upside, the market was up over 11% in 10 trading days or $8.14 per share.
Cardinal Health ($CAH)
Cardinal Health ($CAH) also had a crossover to the upside in late-November. This crossover indicated to traders that a bullish trend was starting. The Neural Index also moved into the “one” position confirming that market strength. Because of the VantagePoint indicators, traders knew they could begin taking long positions in this market. In 31 trading days, the market was up over 25% or almost $15.00 per share.
Fluor ($FLR) had a bullish crossover in late-November. This was a clear indicator for traders to begin going long. The great trend has lasted over 30 trading days. The indicators in VantagePoint also give traders predicted high and lows to set stops as well.
Duke Energy ($DUK)
Duke Energy ($DUK) had a crossover to the downside and traders knew right away that the bullish trend was ending and a bearish trend was starting. VantagePoint makes it simple- 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 36 trading days, the market was down by 11.94% or $10.62 per share.
American Electric Power ($AEP)
American Electric Power ($AEP) also had a crossover to the downside in mid-December. Despite a period of sideways movement early on, that blue line never crossed above the black line. This told traders that the bearish trend would continue. Since that crossover of the blue line 23 trading days ago, the market was down almost 12% or $8.63 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.