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 Genuine Parts ($GPC), Jacobs Engineering Group ($JEC), PACCAR ($PCAR), HCP ($HCP), and Ford Motor ($F).
This Week’s Hot Stocks Outlook
Genuine Parts ($GPC) had a predictive moving average crossover to the upside in late-August indicating a bullish trend. Traders know this when the blue line crosses above the black line. Despite some sideways movement, the blue line never crossed back below the black line. Because of that, traders knew the uptrend would continue and they could continue to go long. Since that crossover, the market was up 15.79% in 29 trading days or $13.01 per share.
Jacobs Engineering Group ($JEC) also had a predictive moving average crossover to the upside in the late-August indicating a bullish trend. The Neural Index also moved into the “one” position confirming that strength. Traders were able to start taking long positions in this market. In 27 trading days, $JEC was up about 12% or $6.28 per share.
PACCAR ($PCAR) a bullish crossover in late-August and the Neural Index moved to a “one” position indicating that the market was expected to strengthen over the short term. Both indicators in VantagePoint are a clear indication to traders that they can start taking long positions.
HCP ($HCP) had a bearish crossover in mid-September indicating to traders to stop taking long positions in this particular market. The neural index also moved to a “zero” position. In 14 trading days, the market was down over 9% or $2.77 per share.
Ford Motor ($F) is no stranger to the Hot Stocks Outlook. The market had a crossover to the upside in late-August. Since that upswing, this market was up over 14% or over $1.58 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 using the power of Artificial Intelligence. This helps traders get into the right side of trades at just the right time.