Financial Stocks

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 financial stocks with bullish and bearish signals and indicates the best bank stocks to trade:

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

Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Days (10/11/2019 – 10/15/2019)
I Know First Average: 4.11%

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. The highest trade return came from BCS, at 12.69%. Further notable returns came from RLGY and ING at 8.53% and 6.13%, respectively. The package itself saw an overall return of 4.11%, providing investors with a 2.15% premium above the S&P 500’s return of 1.96% for the same time period.

Barclays PLC (BCS), through its subsidiaries, provides various financial products and services worldwide. The company offers personal and corporate banking, mortgage, and wealth and investment management services to individuals and businesses; and retail and business banking, cards, corporate and investment banking, and wealth management and insurance services. It also provides brokerage and risk management services across various asset classes, including equity and fixed income, currency, and commodity products; strategic advice on mergers and acquisitions, corporate finance, and strategic risk management solutions; and multi-asset class and macro-economic research services, as well as offers credit cards and wholesale banking. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC (BCS) in January 1985. Barclays PLC (BCS) was founded in 1896 and is headquartered in London, the United Kingdom.

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.