Best Short Term Stocks Based on Algorithmic Trading: Returns up to 5.37% in 3 Days

Best Short Term Stocks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

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Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 3 Days (05/21/2017 – 05/24/2017)
I Know First Average: 2.10%
Best Short Term Stocks

The algorithm correctly predicted 8 out 10 of the suggested trades in the S&P 500 Companies Package for this 3 Days forecast. MCK was the highest-earning trade with a return of 5.37% in 3 Days. Additional high returns came from INCY and EXR, at 5.07% and 2.88% respectively. The package had an overall average return of 2.10%, providing investors with a 1.15% premium over the S&P 500’s return of 0.95% during the period.

McKesson Corporation (MCK) operates as a pharmaceutical distribution services and information technology company in the United States and internationally. It offers pharmaceuticals and medical supplies, and services for healthcare operations. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices. This segment also provides specialty pharmaceutical solutions for pharmaceutical manufacturers; and medical-surgical supply distribution, equipment, logistics, and other services to healthcare providers. In addition, this segment operates retail pharmacies in Europe and supports independent pharmacy networks in North America; sells financial, operational, and clinical solutions to pharmacies; and provides consulting, outsourcing, and other services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, and strategic management technology solutions; and connectivity, outsourcing, and other services, including remote hosting and managed services to healthcare organizations. This segment’s product portfolio addresses various healthcare clinical and business performance needs ranging from medication safety and information access to revenue cycle management, resource utilization, and physician adoption of electronic health records. This segment serves integrated delivery networks, hospitals, physician practices, home healthcare providers, retail pharmacies, and payers. McKesson Corporation (MCK) was founded in 1833 and is headquartered in San Francisco, California.

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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