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 NRG Energy ($NRG), Omeros Corporation ($OMER), Encore Wire ($WIRE), Mattel ($MAT), and Tenet Healthcare ($THC).
This Week’s Hot Stocks Outlook
NRG Energy ($NRG) had a predictive moving average crossover to the upside in mid-February indicating a bullish trend. There was a bit of sideways movement very early on, but when that 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. Since VantagePoint Software reviewed this bullish move of $NRG, the market was up 20.10% in 22 trading days or $5.07 per share.
Omeros Corporation ($OMER) also had a crossover to the upside in early-March when that blue line made the cross above the black line. This was the indication to traders that it was a great time to be buying shares of $OMER. Since that crossover, the market was up almost 17% in 11 trading days, or $1.62per share. VantagePoint Software reviews this market constantly and indicated that traders needed to be going long, not short. And wow did it pay off on a relatively inexpensive stock!
Encore Wire ($WIRE) follows the same general principle. It had a bullish crossover in mid –February and a huge gap up in late-February. The Neural Index also supported that move up. In 24 trading days, $WIRE was up 22.54% or $10.67 per share.
Mattel ($MAT) follows the same principle, but to the downside instead. That market had a bearish crossover in mid-February, and then had quite a bit of sideways movement. But traders knew they could begin shorting this market when the predictive indicators in VantagePoint indicated that crossover. Since that crossover of the blue line 22 trading days ago, the market was down 23% or $3.82 per share.
Lastly, we have Tenet Healthcare ($THC) which had a bullish crossover in early-February. When the blue line crossed above the black line, that’s when traders new the trend was reversing and to ride that bullish wave. Since that crossover, the market was up over 32% in 26 trading days or $6.01 per share.