Bullish Stocks

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 prediction for a total of 20 stocks with bullish and bearish signals:

• top ten stocks pick to long
• top ten stocks pick to short
• S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 Days (04/17/16 – 04/20/16)
I Know First Average: 7.69%

The genetic algorithm correctly predicted the increase of all ten top stock picks for this short-term forecast in addition to the S&P 500. VALE was our highest-earning stock with a 14.56% return in just 3 days. WPZ and SID also both returned in the double digits bringing investors 12.55% and 12.50% respectively. The package had an overall average return of 7.69% offering investors a premium over the S&P 500’s 1.04% increase.

Vale S.A. (VALE) engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Iron ore prices have risen significantly boosting production companies like Vale S.A. as a result. On April 20th, it was released that the company had record-breaking production numbers in 1Q16.

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.