Best S&P 500 Stock Picks Based on Stock Algorithm: Returns up to 9.48% in 3 Days

Best S&P 500 Stock Picks

This top S&P 500 stock picks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

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Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (10/30/2020 – 11/2/2020)
I Know First Average: 3.51%
Best S&P 500 Stock Picks
Best S&P 500 Stock Picks chart

During the 3 Days forecasted period several picks in the Top S&P 500 Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. BKR was the top performing prediction with a return of 9.48%. HBAN, and PWR had notable returns of 6.66% and 6.05%. This algorithmic forecast package presented an overall return of 3.51% versus S&P 500’s performance of 0.0% providing a market premium of 3.51%.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.