Algorithmic Trading: Returns of up to 94.02% in One Year

Algorithmic Trading

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Tech Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/13/14 – 8/13/15)
I Know First Average: 32.88% Long; 16.24% Short

Get the “Tech Stocks”-Package

Algorithmic Trading

In the recent 08/13/14 forecast that was part of the Tech Stocks package, eight out of the ten stocks for the long position increased in accordance with the algorithm’s prediction. The top performing stock for the long position was NFLX with an impressive return of 94.02%, while ACLS and AMZN also had phenomenal returns of 81.82% and 65.87%. For the short position, the stock that decreased the most was AMD with a loss of -56.13%, whilst AIXG and SIFY also posted significant losses of -51.21% and -35.96% as the algorithm predicted. The average returns for the long and short positions were 32.88% and 16.24%, both of which were over substantially greater than the S&P 500 return of 7.74% during the same time period.

Netflix, Inc. (NasdaqGS:NFLX), an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

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.