VantagePoint Hot Stocks Outlook for the Week of July 6th, 2018

Forex stock trading

Hot Stocks Outlook for the Week of July 6th, 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 Campbell Soup ($CPB), DTE Energy ($DTE), Ford Motor ($F), Microchip Technology ($MCHP), and NVIDIA ($NVDA).

This Week’s Hot Stocks Outlook

Campbell Soup ($CPB)

Campbell Soup ($CPB) had a predictive moving average crossover to the upside in early-June 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 16 trading days, $CPB was up almost 19% or $6.52 per share.

DTE Energy ($DTE)

DTE Energy ($DTE) follows a similar pattern to the upside. The market had a crossover to the upside in mid-June 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 market. Since that crossover, the market had a great run and was up over 6% in 10 trading days or $6.81 per share.

Ford Motor ($F)

Ford Motor ($F) follows this pattern, but to the downside. Despite whatever trading strategy that traders are following, that blue line crossed below the black line and was a clear indication that a downtrend was beginning. This bearish trend continued and since that crossover 10 trading days ago, $F was down 8.41% or $1.01 per share.

Microchip Technology ($MCHP)

Microchip Technology ($MCHP) follows the same idea on both sides of the coin. That market had a bullish crossover in late-April, and then a bearish crossover in mid-June. Traders knew, with confidence, that they could begin going long and then shorting the market when that crossover of the blue line below the black line Since that crossover of the blue line 10 trading days ago, the market was down almost 11% or $10.48 per share.

NVIDIA ($NVDA)

NVIDIA ($NVDA) is basically the same as the last with the overall tech sector being very weak. This market had a very clear crossover to the down in late-June. When the blue line crossed below the black line, that’s when traders new the trend was beginning and to begin shorting the market. It’s that simple! In 9 trading days, NVIDIA was down 10.27% or $27.11 per share.

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