Best Stocks to Short Based on Predictive Algorithm: Up to 33.68% Return in 14 Days

Best Stocks to Short

This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Tech Stocks
Forecast Length: 14 days (01/05/16 – 01/19/16)
I Know First Average: 21.10%

Best Stocks to Short

The top 10 tech Stocks from the 4th January 2016 for a period of 14 days. The most impressive prediction was for CHK, which offered a return of 37.78% and FNMA with 34.13% in the short position. The average return from this forecast was 20.70% compared to the S&P 500, which returned of -6.53%.

Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas.

Chesapeake Energy (CHK) weighed down the index Tuesday, by far the biggest loser with a 13% drop on the day, as oil dropped to lows of $28 a barrel.The further decline in oil prices adds to Chesapeake’s woes.The stock has fallen 84% over the past 12 months.

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.