Hot Stocks Outlook for the Week of June 1st, 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 Fossil ($FOSL), Omega Healthcare Investors ($OHI), SunOpta ($STKL), Essendant ($ESND), and America Movil ($AMX).
This Week’s Hot Stocks Outlook
Fossil ($FOSL) had a predictive moving average crossover to the upside in late-April 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. The Neural Index also supported that move to the upside. In 23 trading days, $FOSL was up almost 44% or $6.47 per share.
Omega Healthcare Investors ($OHI)
Omega Healthcare Investors ($OHI) follows a similar pattern. The market had a crossover to the upside in late-April when that blue line made the cross above the black line. The neural index also reflected that short-term strength. All of this indicated to traders that the uptrend was beginning and to start going long in this particular market. Since that crossover, the market was up almost 18% in 20 trading days or $4.56 per share.
SunOpta ($STKL) also had a bullish crossover in early-May. 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. Despite small dips, the trend was still bullish. Since that crossover 14 trading days ago, $STKL was up 16.99% or $1.19 per share.
Essendant ($ESND) follows the same idea. That market had a bullish crossover in early-May. Traders knew, with confidence, that they could begin going long in the market when the predictive indicators in VantagePoint showed that crossover to the upside. Despite some sideways movement early on, the trend was still very much to the upside. Since that crossover of the blue line 18 trading days ago, the market was up over 61% or $5.47 per share.
America Movil ($AMX)
America Movil ($AMX) follows the same general idea, but to the downside. This market had a very clear crossover to the downside in mid-April. When the blue line crossed below the black line, that’s when traders new the trend was beginning and to short the market. It’s that simple! In 24 trading days, America Movil was down 17.15% or $3.22 per share.