Commodity Price Forecast

This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodity Price Forecast 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: 1 Month (06/09/2019 – 07/10/2019)
I Know First Average: 4.34%

In this 1 Month forecast for the Commodities Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was GDX, which registered a return of 14.46%. Other notable stocks were ^JPLAT and CME_GC1 with a return of 7.65% and 5.32%. The package had an overall average return of 4.34% during the period.
VanEck Vectors Gold Miners ETF (GDX), is an ETF investment fund that seeks to replicate, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry.

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

Algorithmic Commodity Forecast: The table on the left is the commodity forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 commodities in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.