I Know First published a bullish forecast on GE, or General Electric, on Seeking Alpha. Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for GE are included.
Alphabet is a gateway drug to more acquisitions in the upcoming years.
Short summary of the sort of companies Google has acquired this year, and will likely continue to go after in the near future.
Algorithmic analysis indicates GOOG as a no go in the short term, but attractive long term.
The transition from acquisitions through Google to Alphabet Despite focus on reduced spending, Google (NASDAQ: GOOG) still went ahead with some daring acquisitions this year. These include: Pixate, Timeful, Tilt Brush, Thrive Audio, Red Hot labs, Softcard, Odysee, and Launchpad Toys. Alphabet – Google's new holding company - is now going to be the main acquisition vehicle, at least for major companies.
I Know First published a bullish article on Costco, the second largest retail company in the United States. Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for Costco are included.
With today's advancements you can easily transform your I Know First signals into a systematic trading strategy. What once took large investments into back testing environments and some advanced coding knowledge can now easily be learned and done online. In this tutorial I will cover how to build your first algorithm using a historical data file and QuantConnect. The strategy trade USO (Oil ETF) based on our CL1 forecast - a part of the commodities forecast. You can follow me step by step to make the code or simply copy it into your QuantConnect account ! You can easily transition from back testing to live trading with just one click using the brokers supported by the platform. Enjoy.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
