Best Stocks to Invest In

This forecast is part of the “Top 10 Stock Picks” 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
• S&P 500 forecast

Package Name: Top 10 Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Year (7/27/14 – 7/27/15)
I Know First Average: 23.40% Long; 22.76% Short

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In the recent 08/01/14 forecast that was part of the Top Stocks package, seven 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 WETF with a spectacular return of 146.05%, while STRZA and CRM also had phenomenal returns of 41.88% and 35.12%. For the short position, the stock that decreased the most was FCX with a loss of -67.27%, whilst AMD and ATI also posted significant losses of -50.64% and -42.18% as the algorithm predicted. The average returns for the long and short positions were 23.40% and 22.76% respectively, both of which well outpaced the S&P 500 return of 8.97% during the same time period.

Freeport-McMoRan (FCX) is one of the worlds largest gold and copper firms in the world. Bloomberg pundits are calling 2015 the “commodity crash”, as commodity prices, including oil, foodstuffs, and precious metals, are witnessing value collapse due to many factors, including a recovering American market and weak demand in China. Naturally, Freeport is taking the brunt of the free fall.

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.