Algorithmic Trading Software: Return up to 27.45% in 3 Days

Algorithmic Trading Software

This Healthcare Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks within the Healthcare Sector (See Sector Package). It includes 20 stocks with bullish and bearish signals and indicates the best health care stocks to buy and sell:

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

Package Name: HealthCare Stocks
Forecast Length: 3 Days (03/18/2016 – 03/22/2016)
I Know First Average: 6.51%

Algorithmic Trading Software

Eight of the top 10 stocks in the long position increased as predicted by the algorithm on the 3-day time horizon starting March 18th. The most impressive stock from this forecast was ARNA with a phenomenal return of 27.45% in just 3 days. MACK and MDVN also had strong performances with returns of 12.86% and 9.90%. The package saw overall growth of 6.51% versus the S&P 500 which rose just 0.45%.

Arena Pharmaceuticals, Inc. (ARNA), a biopharmaceutical company, discovers, develops, and commercializes novel drugs that target G protein-coupled receptors to address unmet medical needs in the United States and South Korea. Arena has 5 key drugs that are in various stages of development. Their drug Ozanimod is expected to reach phase-two clinical trial by 2017. Recent advancements by a rival company on their own similar drug has boosted the share prices of both companies.

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.