Algotrader Based on Pattern Recognition: Returns up to 10.99% in 3 Days

Algotrader

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic algotrader tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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


Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (02/03/2017 – 02/06/2017)
I Know First Average: 2.58%
Algotrader

This Top 10 Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was AMD with a return of 10.99%. WFT, and ALNY had notable returns of 3.99% and 3.74%. The package’s overall average return was 2.58%, providing investors with a 2.07% premium over the S&P 500’s return of 0.51% during the same period.

Advanced Micro Devices Inc.  (AMD) operates as a semiconductor company worldwide. The company’s products include mainly x86 microprocessor as an accelerated processing unit (APU) and graphic process units (GPU). It also provides microprocessors for desktop PCs.

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.

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