Hot Stocks Outlook for the Week of August 3rd, 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 United Parcel Service ($UPS), Baidu.com ($BIDU), Cincinnati Financial ($CINF), Vulcan Materials ($VMC), and Electronic Arts ($EA).
This Week’s Hot Stocks Outlook
United Parcel Service ($UPS)
United Parcel Service ($UPS) had a predictive moving average crossover to the upside in early-July indicating a bullish trend. As soon as the blue line crossed above the black line, VantagePoint users knew they should start taking long positions in this market. In 16 trading days, $UPS was up 11.33% or $12.16 per share.
Baidu.com ($BIDU) follows a similar pattern, but to the downside. The market had a crossover to the downside in late-July when that blue line made the cross below the black line. The neural index also reflected that short-term weakness. Since that bearish crossover, the market had was down almost 14% in 9 trading days or $35.23 per share.
Cincinnati Financial ($CINF)
Cincinnati Financial ($CINF) follows this pattern, but to the upside. Despite whatever trading strategy that traders are following, that blue line crossed above the black line and was a clear indication that an uptrend was beginning. This bullish trend continued and since that crossover 18 trading days ago, $CINF was up 9.81% or $6.72 per share.
Vulcan Materials ($VMC)
Vulcan Materials ($VMC) follows the idea of $BIDU. That market had a bearish crossover in early-July. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line Since that crossover of the blue line 15 trading days ago, the market was down almost 11.27% or $14.40 per share.
Electronic Arts ($EA)
Electronic Arts ($EA) is basically the same as the others. A downtrend started in mid-July indicating to traders that the trend was bearish and to start shorting the markets. In 6 trading days, the market was down over 13% or $19.15 per share.