Commodities Outlook Based on Machine Learning: Returns up to 7.42% in 3 Days

Commodities Outlook

This Commodities Outlook is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 commodities with bullish or bearish signals indicating which are best to buy:

  • Top 10 commodities for the long position
  • Top 10 commodities for the short position

Package Name: Commodities
Recommended Positions: Long
Forecast Length: 3 Days (11/20/2016 – 11/23/2016)
I Know First Average: 3.37%
Commodities OutlookDuring the 3 Days forecasted period several picks in the Commodities Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was XME, at 7.42%. Further notable returns came from Copper and CL1 at 6.33% and 5.31%, respectively. The package had an overall average return of 3.37% during the period.

The SPDR S&P Metals & Mining ETF (XME), seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals and Mining Select Industry Index.

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.