Algorithmic Trading Strategy

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

• Top 10 Basic Industry stocks for the long position
• Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 3 Days (01/20/2017 – 01/24/2017)
I Know First Average: 4.59%

During the 3 Days forecasted period several picks in the Basic Industry Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 stocks. The prediction with the highest return was VALE, at 9.80%. Further notable returns came from ERJ and RIO at 7.13% and 6.25%, respectively. The Basic Industry Stocks package had an overall average return of 4.59%, providing investors with a premium of 3.87% over the S&P 500’s return of 0.72%.

Vale S.A. (VALE), together with its subsidiaries, 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. Its Bulk Material segment produces and extracts iron ore and pellet.

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

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