Daily Market Forecast Based on Algo Trading: Returns up to 97.15% in 7 Days

Daily Market Forecast

The Fundamental Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities for both long and short positions for the stocks within each fundamental screen. The stocks are selected according to five basic valuation categories:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio
  • short ratio

Package Name: Fundamental – Low P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (05/21/2018 – 05/28/2018)
I Know First Average: 5.57%
Daily Market Forecast

6 out of 10 stock prices in this forecast for the Fundamental – Low P/E Stocks Package moved as predicted by the algorithm. WMLP was our best stock pick this week a return of 97.15%. XNCR and YRCW followed with returns of 15.86% and 2.78% for the 7 Days period. The package saw an overall yield of 5.57% versus the S&P 500’s return of 0.31% implying a market premium of 5.26%.

Westmoreland Resource Partners, LP (WMLP) produces and markets thermal coal in the United States. It also produces surface mined coal in Ohio. As of December 31, 2015, the company managed 16 active surface mines; and managed these mines as 5 mining complexes located in eastern Ohio, as well as 1 mine situated in Wyoming. It markets its coal primarily to large electric utilities with coal-fired and base-load scrubbed power plants under coal sales contracts; and electric cooperatives, municipalities, and industrial customers in Indiana, Wyoming, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. Westmoreland Resources GP, LLC operates as the general partner of the company. The company was formerly known as Oxford Resource Partners, LP and changed its name to Westmoreland Resource Partners, LP (WMLP) in January 2015. Westmoreland Resource Partners, LP (WMLP) was founded in 1985 and is based in Englewood, Colorado.

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.