The Hot Stocks Outlook uses VantagePoint’s market forecasts that are up to 87.4% accurate, demonstrating how traders can improve their timing and direction. In this week’s video, VantagePoint Software reviews forecasts for Cameco (CCJ), CubeSmart ($CUBE), Spotify ($SPOT) and Gamestop ($GME)
Hello again traders and welcome back to the Hot Stocks Outlook for September 10th, 2021. Hope you are having a excellent week out there in the financial markets. And as always, plenty to cover here in today’s outlook. We’re going to start out with shares of Cameco. I’ll also move on to CubeSmart. We’ll look at Spotify. And lastly, a meme stock here, we’ve got GameStop to take a look at to really highlight an important point about the VantagePoint software here.
But starting out here with shares of Cameco. and what we have here is daily price action. Every single chart works off of the same timeframe, same indicators, really that end of day approach. And so what you have are complete end of day candle. So you’ll see the high, low, open and closed. And so what we have right up against that daily price action, you’ll see that there is a black line and there’s also a blue line there. Now the black line that you’re seeing there, that is what we refer to as the actual simple moving average. And all it is is a simple moving average. And it looks back over the previous 10 closed prices in this case, adds those all together and divides by 10. And that’s a good indicator to smooth out the price action and give us a good idea of where market prices have been over a given period of time.
But obviously a trader needs to say, okay, well I see where the market’s been, but we need to know where’s the market likely to move next. And so what we’re able to do is compare that black line or black value to this blue line that’s plotted on the chart. And for this value to get calculated and placed against the chart each and every trading day, VantagePoint is utilizing this technology of artificial neural networks and it’s doing what’s called intermarket analysis. So it’s looking at these relationships between the data utilizing this type of technology.
And so what we have here is a situation where rather than just looking at past closed prices like almost every technical indicator out there would do, what VantagePoint is able to do is understand other markets that are known to drive and influence shares of CCJ here. Now that’s going to be things like the crude oil market, that’s going to be things like the SMP, global currencies, global interest rates. But then there’s also subtle relationships with individual stocks or ETF groups. And so this is very important because what it’s able to do is understand those relationships and how they’re affecting future price moving forward. And so what VantagePoint’s technology does with all of that information is actually generate a true price prediction that hasn’t yet occurred. And it’s utilizing that data to generate now predictive indicators. They’re actually forecasting where things are likely to move next.
Now in addition to that blue line and black line, which you can see we get that cross of the blue value moving above the black value, that would suggest average prices are going to start moving higher. Now at the very bottom of the chart you’ll see this green bar. And this is another indicator and it can flip from green and back to red. And we’ll look at some more examples, but I wanted to keep this very simple as you see it stays green. This is actually forecasting 48 hours of strength. And this can help traders in the short-term understand, hey, is there likely to be some short-term weakness or should I be looking to stay maybe involved in the trend, but know that, hey, the next 48 hours are likely to see some lower lows.
And lastly here, if you look at the very right-hand side of the chart you see you have a shadow candle here. And this is again, is another prediction actually predicting the next day’s predicted high and predicted low. So what will occur, and this is really great, is we’ll actually get the actual market data to fill in here what occurred. And we can look and see how accurate all of those predictions are. And so if I hit my keyboard here we can go and see, okay, well before all of this data came in, what was the prediction for that predicted high and low? And you can see that once you get that cue that says, look, the market’s up, you’d want to be going long, taking profits on longs, maybe you want to bring in some fundamental analysis or you have some other reasons why you have a directional bias on the market. But you have these tools that say, look, there’s strength in the short-term, try to be a buyer at or near these predicted lows.
And you can of course manage the trade. If you’re a shorter-term trader maybe you want to take profit up near these predicted highs. But understand that the trend is still up. You only want to be a buyer in that market. And so you see the strength of the forecast and certainly the subsequent strength of the market here, but things don’t always go straight up or straight down. And this is why you want a tool that’s going to help you get in front of the moves and understand what’s likely to occur.
So here you have Cameco here, shares up about 33% in just 10 trading days. 500 shares, there’s a pretty tiny position there. Has you up about $2,800 on a single trade there. So moving forward here let’s look at CubeSmart. And so here’s a situation where you see that you get that same signal of blue line crossing above the black line. And we’re going to go through actually looking at some of the scanning features that are available. So you can actually scan thousands of markets and see what’s going on up there, where trend change is happening in the market, where should I focus my capital and attention, and how can I use these predictive indicators on any market you want to trade to manage those positions and get exposure to that market. But you see here this blue line crosses above the black line. That’s remained going all the way back from 7/23 here, so July 23rd. Suggesting look, you only want to be along this market, the trend is up and you’ve gotten about a 13% move higher.
But look at what happens when your neural index goes bearish. And what you have to understand is you have this combination of tools. You have the overall trend direction, short-term strength or weakness. You have those dailies predicted highs and lows to add intraday context as well to what’s going on. Maybe you want to be if there’s short-term weakness we want to be buying on the dip towards a predicted low or taking some profits at a predicted high. But you see that this is 32 trading days go by where very clearly you only want to be long, taking profits on long positions. And we can again see those predicted highs and lows.
And you see just how effective this is, giving really nice entries early on, predicted highs here doing a great job. And this is where we really see some just excellent use of the software where… I mean here’s this daily range. It goes way outside the range. Something’s going on. Traders are trying to get in there. It’s maybe a liquid. But look where the market closes. Right in the middle of that range. And then the overall trend continues. The software’s picking up on some extremely important levels to go ahead and take action from in this intraday timeframe. And that’s where you can come in and be a trader and understand, hey, intraday I want to be at these levels, but you have the daily end of day close to know, hey, what’s the updated forecast going to look like and how should I manage this opportunity?
So you see here with CubeSmart, I mean, one, two, three, four, five, six, seven, eight, nine, ten, eleven, about eleven entries as that market’s climbed up about 13% or so just over the past couple of months here. Really about a month and a half on the calendar.
But what I wanted to do is work through these charts, right? Cameco straight up, market moves straight up 38%. Well here in CubeSmart, Well we get some neural index bearishness and you see that the market has a tendency to want to run sideways from those levels. Or you see here you get a gap down, some lower lows from those levels is generally expected. But when you have that guidance to let you know that say, hey, maybe take some profit, look to buy on some of these dips. That’s going to help you be a much more effective trader in the market.
Now here’s shares of Spotify. And again, I just want to show these different examples of not only do we have to know when there is short-term strength or weakness that may affect our trade, but we have to know when the trend shifts and when that trade is no longer directionally valid here, right? So we see Spotify. Lot of weakness here, very clearly signaling about a month and a half where you’d only want to short the market and take profits on shorts.
And what I like to do to bring these predicted highs and lows in is this is a lot of data on the chart. This is downtrend. This is uptrend. This is market moving all over the place. But we can look at those predicted highs and lows and when you have that overall guidance of downtrend here, uptrend here, and just look at the effectiveness of these daily levels to help you make better trading decisions. And it’s not just this day. Here, again, again, again for the continuity of that trade it really helps you in excellent job managing that. Well when we get that shift in the market, when you get a very clear signal of that and say, look, the trend is now up, you no longer want to look to short the market, use your VantagePoint signals to go ahead and get long. And sure enough that has you recognizing that, hey, these are great opportunities, buying at these levels. You see in this case, if you’re ready to buy at predicted lows in an uptrend, the market gaps down, picks you up, never goes against you.
And you even see things like here, buying here, potentially taking profit on the gap up if you are trading those short-term windows, buying back here, and really doing a good job and taking advantage of those other traders in the market who aren’t so nimbly getting out, getting betting, and taking profits, adding to positions. And again, to highlight this point of understanding how to adjust with the market and having a very good tool to help you, especially in the short-term. If you can get a good entry, take some profit, well that may finance you holding out and dealing with volatility over the longer-term quite easily.
But here in shares of GameStop you see we get this crossover here on 8/23. Crossover goes to the upside. You get a absolutely huge move because VantagePoint is saying, look, the trend is now up, expect the market to move higher at a 38% pop at about eight trading days.
But what I wanted to bring this in was to highlight the predicted highs and lows. So you see this all the time where you get these big pops around earnings or volatility around some catalyst or some sort of fundamental thing happens in the market. But a lot of volatility, right? Something happens. And this is where VantagePoint does a really good job of getting things back on track and saying, okay, there’s some volatility here, there’s some volatility in those inter markets, let’s go ahead and figure out where these things are honing in. And you see, as you move forward and the market does a whole lot of nothing moving into I think this is earnings coming up here, how those predicted highs and lows work. Whether it’s over a huge span of time over 32 trading days or a market shift over a couple of months or just a little move in the market here where you go higher, you have these predicted highs and lows moving and not a lot is going on, but the software understands these significant levels and where as a trader you’d want to be positioned. Again, add to position, take some profit, manage the volatility of the trade.
So what I wanted to do here as well just to sort of tack onto the end here is highlight the Intelliscan feature. And so here we have really just all the markets in here, there’s literally hundreds and hundreds of markets you can trade. But the beauty of this is you can use these predictive indicators to trade the markets that you’ve identified, whether you identified them through fundamental analysis or you’re regularly trading in a crude oil or whatever it might be. You can approach it that way. But when you have a tool that has these predictive indicators, it does a really good job of scanning the markets and really identifying how different sectors are shifting around the market. And then you can hone in and find individual trades that, okay, well we see all of this move going on, these predictive indicators working across the board, across the sector, and you can come in, look for trend shifts. You can come in and look for current existing trends. But the point is you have those predictive indicators to really help and guide you over the course of this and identify different opportunities and you’ll understand how you might want to approach those, right?
So it’s really up to you on how you want to trade what your timeframe is. This isn’t really a black box system, right? It’s a forecasting tool that’s giving you that overall trend direction, predicted highs and lows, short-term strength or weakness. And it’s very effective over the very, very long-term, right? We’re not just looking at a week of trading time, we’re looking at months of trading candles and the software consistently holds up and identifies some really great levels to come in, make some trade management decisions, and make some money.
So once again, this has been our hot stocks outlook for September 10th, 2021. Thank you all for watching, best of luck out there, and bye for now.