Best Tech Stocks

Package Name: Tech Stocks
Forecast Length: 7 days (9/30/15 – 10/7/15)
I Know First Average: 13.64%

In the I Know First’s 7 day forecast from the Risk-Conscious package ten out of the ten stocks increase in accordance with the algorithm’s prediction. ATI performed well, returning 24.56% during the time horizon as the algorithm indicated. Likewise, SCOR and CNTF were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 21.10% and 17.31% over 7 days. The average return of 13.64% during the forecasted time horizon outperformed the S&P 500 return of 5.93% during the same time.

Allegheny Technologies Incorporated (ATI), is a specialty materials and components producer. The Company’s standard products include specialty stainless sheet, stainless steel sheet and stainless steel plate.  Despite having a  strong week, Allegheny has struggled quite a bit recently, by dropping 26% in September. The reason for Allegheny decline, is that they’ve in spending mode, during a time where there has a global oversupply of steel crimping prices across the industry.

Algorithmic traders utilise 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