Algorithmic Trading Strategies Based on AI: Almost 22% Return In 7 Days

Algorithmic Trading

This algo trading market forecast based on I Know First’s algorithmic stock scanner is designed for investors and analysts who need stock recommendations to find the best performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 best energy stocks for the long position
  • Top 10 best energy stocks for the short position

EnergyPackage Name: Energy Stocks
Recommended Positions: Long
Forecast Length: 7 Days (09/01/16– 09/08/16)
I Know First Average: 5.94%

Algorithmic Trading

Get the “Energy Stocks” Package

Within a mere 7 day period, there were many strong returns predicted by the I Know First Algorithm, for algorithmic trading. Accordingly, the highest return had come from Chesapeake Energy Corporation (CHK) at 21.89%. Other notable returns were seen by Clayton Williams Energy, Inc. and Cobalt International Energy, Inc. (CIE), at 14.36% and 10.00% respectively. The overall forecast saw an average return of 5.94%, providing investors with a 5.46% over the SP500s return of 0.48%, during the same period. The I Know First Algorithm had correctly predicted 9 out 10 stocks, during the 1 month forecast.

Chesapeake Energy Corporation (CHK) is an energy company that explores, develops, and acquires properties to produce natural gas and crude oil.  The company is headquartered in Oklahoma City, OK.

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.

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