Algorithmic Trading

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

• top ten stocks picks to long
• top ten stocks picks to short

Package Name: Stocks Under 5 Dollars
Forecast Length: 7 Days (8/24/2015 – 8/31/2015)
I Know First Average: 25.30%

In the Stocks Under 5 Dollar Forecast forecast from 8/24/2015, ACI was the top performing stock with an extraordinary return of 141.82% 7-day time horizon. Investors could also have made outstanding returns from MTL and ACTS, which were all part of the top 10 stocks for the forecast. They increased by 46.58% and 30.77% respectfully. The average return of the forecast was an amazing 25.30%, offering a large premium of 25.23% over the S&P 500 return of 0.07% to investors using the I Know First service.

Arch Coal Inc. (ACI) is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Coal is the second largest supplier of coal in the U.S. behind Peabody Energy. The company supplies 15% of the domestic market. Demand comes mainly from generators of electricity.

After a big increase in the company’s value during last week, its shares have again been very volatile on Monday. Shares opened at $7.54, down more than 8% from Friday’s closing price. However, in less than half an hour, the share price spiked to $9.90, up more than 30% before dropping back to an around $9.40 (up 15%) by 10 o’clock. Short after that, it was up to $10.17. The cause appears to be an extension of the company’s debt swap offer until midnight September 23. The exchange offer was first set to end on August 14 and had been extended to August 28.

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.