Hot Stocks Outlook for the Week of August 10th, 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 Ball Corp ($BLL), Activision ($ATVI), Bridgepoint Education ($BPI), Scientific Games Corporation ($SGMS), and Berkshire Hathaway ($BRK/B).
This Week’s Hot Stocks Outlook
Ball Corp ($BLL)
Ball Corp ($BLL) 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 25 trading days, $BLL was up 15.13% or $5.45 per share.
Activision ($ATVI) 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 moving from green to red. Since that bearish crossover, the market had was down almost 13% in 11 trading days or $9.58 per share.
Bridgepoint Education ($BPI)
Bridgepoint Education ($BPI) 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 had a huge gap up at the end of July. Since that bullish crossover 17 trading days ago, $BPI was up 90.59% or $6.18 per share.
Scientific Games Corporation ($SGMS)
Scientific Games Corporation ($SGMS) follows the idea of $BPI but to the downside. That market had a bearish crossover in late-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 12 trading days ago, the market was down almost 33% or $16.20 per share.
Berkshire Hathaway ($BRK/B)
Berkshire Hathaway ($BRK/B) is no stranger to our weekly outlook. An uptrend started in early-July indicating to traders that the trend was bullish and to start going long in the markets. In 24 trading days, the market was up over 12% or $21.14 per share.
The post VantagePoint Hot Stocks Outlook for the Week of August 10th, 2018 appeared first on VantagePoint.