Short Selling Stocks: Up To 21.02% Return In 7 Days
Short Selling Stocks
This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:
- top ten stocks picks to long
- top ten stocks picks to short
- S&P 500 forecast
Package Name: Top 10 Stocks
Forecast Length: 7 Days (9/21/2015 – 9/28/2015)
I Know First Average: 12.10% (Short)
Get the “Top 10 Stocks”-Package
All of the 10 stocks included in the Top 10 Stocks forecast from 09/21/15 decreased in accordance with the algorithm’s prediction for the 7 days time horizon. The top performing stock was Impala Platinum Holdings Ltd. (IMPUY) with immense return of 21.02%. Weatherford International plc (WFT) and Freeport-McMoRan Inc. (FCX) also posted outstanding returns of 19.27% and 18.11% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of -3.90% by 12.10% during the predicted time horizon.
Impala Platinum Holdings Limited engages in the mining, refining, and marketing of platinum and associated platinum group metals (PGMs) in South Africa and Zimbabwe. On 3rd of September we saw the stock drop in Johannesburg trading after saying it plans to raise 4 billion rand ($285.4 million) by selling shares as a slump in metal prices cut full-year profit by 58 percent. We are still seeing the rippling effects.
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.
