Swing Trading

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for a specific industry: Best Bank Stocks. It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

• Top 10 bank stocks for the long position
• Top 10 bank stocks for the short position

Package Name: Bank Stocks
Forecast Length: 3 Months (4/28/15 – 7/28/15)
I Know First Average: 6.78%

I Know First’s 28/04/07 forecast from the Bank Stocks package had 8 of the 10 stocks increase in accordance with the algorithm’s prediction.  SNV performed extremely well, returning 14.61% during the time horizon as the algorithm indicated. Likewise, WETF was also included in the top 10 picks of the Bank Stocks forecast and had a strong return of 13.91% over 3 months. The average return of 6.78% during the forecasted time horizon easily outperformed the S&P 500 return of -0.74% during the same time.

Wisdom Tree Investments (WTF) operates as an ETFs sponsor and asset manager. It’s doing very well lately, largely because of the success of its Europe Hedged Equity Fund. In spite of the recent growing competition in the currency hedged equity ETF market, the Q1 results look very promising as its AUM has gained 64,6% year on year from last year’s Q1 earnings.

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.