Stock Forecast Based On a Predictive Algorithm | I Know First |November 2018 - Stock Forecast Based On a Predictive Algorithm

An Overview of How To Use I Know First’s AI Forecasts for ETF Trading

November 30, 2018

In the following we give an overview of the construction and performance of ETF Portfolios constructed using I Know First’s Algorithmic Forecasts for the SPDR Sector ETFs. We present the construction and performance of:

Portfolios which directly use the algorithmic signals generated to select the sector ETFs to invest in and to rebalance the portfolio
Portfolios which use sector-level predictions computed by aggregating our forecasting algorithm’s daily forecasts for individual S&P 500 stocks
Portfolios which combine the algorithmic forecasts with an equally invested benchmark to create long only strategies which allow investors to target desired alpha and beta statistics

We show that these portfolios register very good performance statistics over the analyzed time-horizon outperforming the benchmark.

Winning Stock Forecast: Calling SCG and NWL returns up to 7.70%

November 29, 2018

SCANA Corporation (NYSE: SCG)

[Image Source: twitter.com]

Recently Scana Corporation published its quarterly earnings results. The firm posted $1.03 earning per share (EPS) for the three-month period, exceeding analysts’ estimates of $0.72 by $0.31. On the other side SCG reported revenue of $926 million for the quarter compared to the average analyst forecast of $1,000 million, which was missing the analyst estimate.

[Image Source: finance.yahoo.com]

This resulted in research firms being more bullish about SCG. Reuters looked into the 8 analysts that track SCANA Corporation and find out that 5 of them rated it as

Winning Stock Forecast

Netflix Stock Forecast: Why You Should Avoid Investing In Netflix Right Now

November 29, 2018

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

Netflix has 137.1 million subscribers.
This can grow to 150 million next year if Netflix goes big on marketing a cheaper mobile-only subscription plan.
There’s probably more than 100 million potential customers who can only afford to pay $5 or less per month.
However, there’s low margin in providing $4/month subscription plan. Netflix is spending more than $10 billion/year in original content.
NFLX has bearish algorithmic market trend forecasts. It might be prudent to dump the stock now while it still trades above $280.