VantagePoint Software reviews five fresh stocks each week. 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 VantagePoint review video, we analyze forecasts for Amazon ($AMZN), Tesla Motors ($TSLA), Callaway Golf ($ELY), CarMax ($KMX), and Cincinnati Financial ($CINF).
This Week’s Hot Stocks Outlook
Amazon ($AMZN) had a predictive moving average crossover to the downside in early-December indicating a bearish trend. As soon as the blue line (predictive moving average) crossed below the black line (simple moving average), Vantagepoint Power Traders knew they should start taking short positions in this market because the trend was moving lower. There was a lot of great opportunities for Options Traders in this market as well for buying puts and selling calls. In 6 trading days, $AMZN was down 10.38% or $173.23 per share.
Tesla Motors ($TSLA)
Tesla Motors ($TSLA) follows the same idea. It’s really that simple! The market had a crossover to the downside in mid-December when that blue line made the cross below the black line. The neural index also reflected that short-term weakness from green to red.
Callaway Golf ($ELY)
Callaway Golf ($ELY) follows the same idea, but for a much longer trend. Traders can see that blue line crossed below the black line in early-November, which was a clear indication that a bearish trend was beginning. Each evening, Vantagepoint traders review the end of day data in just minutes and set their positions for the next day. In 26 trading days, $ELY was down 28.93% or $6.28 per share.
CarMax ($KMX) is like the others. The bullish cross happened in early-December. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. We also received double confirmation when the neural index turned red and confirmed that short-term weakness. In 7 trading days, $KMX was down 9.34% or $5.96 per share.
Cincinnati Financial ($CINF)
Cincinnati Financial ($CINF) is our last trend to the downside. The market had a bearish crossover when that blue line crossed below the black line starting in early-December. Using the data in Vantagepoint, traders can short the market with the predictive highs and buy at the predictive lows.