Algorithmic Trading

This Trend Following-algorithmic trading forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s forecast services. The full Top 10 Stock Picks forecast includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:

• Top ten stocks pick to long
• Top ten stocks pick to short

Package Name: Stocks Under 10 Dollars
Forecast Length: 1 Month(08/04/16 – 09/04/16)
I Know First Average: 13.5%

In this forecast 7 out of 10 stocks increased as the I Know First algorithm correctly predicted. The highest performing stock during the short 1-month period, had come from Ocwen Financial Corp (OCN) with a return of 63.81%. Bovie Medical Corporation (BVX) and Genworth Financl-A (GNW) as well had high returns of 51.15% and 36.75%, during the forecasted period. The I Know First overall average return for this forecast was at 13.5%, providing investors with a premium of 12.75% over the S&P500’s return of 0.75%.

Ocwen Financial Corp. (OCN), is a provider of residential and commercial mortgage loan servicing, special servicing and asset management services.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please note for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.