5 Hot Stocks To Start Your New Year With

The following stocks have been highlighted by VantagePoint software, an artificial intelligence platform that provides market forecasts 1-3 days in advance. For a free demo click here.

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 Raytheon Company RTN, Boston Beer SAM, Amazon.com, Inc. AMZN, Apple, Inc. AAPL, and Roku Inc.ROKU.

This Week’s Hot Stocks Outlook

Raytheon
Raytheon RTN 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. Using the predictive high and low prices in VantagePoint also proved profitable for options traders as well. In 5 trading days, $RTN was down 10.67% or $17.83 per share.

Boston Beer
Boston Beer SAM follows the same idea, but for a much longer trend. 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. In 24 trading days, $SAM is down 12.23% or $55.28 per share.

Amazon
Amazon.com AMZN follows the same idea. Traders can see that blue line crossed below the black line in early-December, 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.

Apple
Apple AAPL is like the others and has had a really long downtrend. The bullish cross happened in early-October. Traders knew, with confidence, that they could begin shorting this market when that crossover of the blue line below the black line. In 50 trading days, $AAPL was down 29.78% or $66.35 per share.

Roku
Roku ROKU 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. In 12 trading days, $ROKU was down 19.71% or $7.41 per share.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsMarketsTechTrading IdeasAmazonApple Inc.boston beerhot stocksRaytheon CompanyRokuvantagepoint
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!