Daily Market Forecast Based on Algorithmic Trading: Returns up to 47.71% in 14 Days

Daily Market Forecast

This forecast is part of the Risk-Conscious Package, as one of I Know First’s equity research solutions. We determine our aggressive stock picks by screening our algorithm daily for higher volatility stocks that present greater opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks divided into four main categories: short term stock picks

  • Top 10 Aggressive stocks for the long position
  • Top 10 Aggressive stocks for the short position
  • Top 10 Conservative stocks for the long position
  • Top 10 Conservative stocks for the short position


Package Name: Risk-Conscious – Aggressive Stocks Forecast
Recommended Positions: Short
Forecast Length: 14 Days (07/27/2017 – 08/10/2017)
I Know First Average: 16.92%
Short Term Stock Picks

10 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. WAC saw monumental growth of 47.71% in just 14 Days. CLSN, and SNMX also had excellent performances with returns of 27.78% and 18.64% respectively. <![CDATA[The package had an overall average return of 16.92%, providing investors with a premium of 18.52% over the S&P 500’s return of -1.60% during the same period.

Walter Investment Management Corp. (WAC), a diversified mortgage banking firm, focuses primarily on the servicing and origination of residential loans in the United States. The company operates in three segments: Servicing, Originations, and Reverse Mortgage. The Servicing segment performs services for third-party credit owners of mortgage loans, as well as its mortgage loan portfolio. This segment also operates complementary businesses consisting of an insurance agency serving residential loan borrowers and credit owners; and a collections agency that performs collections of post charge-off deficiency balances for third parties and the company. In addition, it holds the assets and mortgage-backed debt of the residual trusts. The Originations segment originates and purchases mortgage loans for third parties while retaining the servicing rights. The Reverse Mortgage segment primarily focuses on the origination, securitization, and servicing of reverse loans. This segment also performs servicing for third-party credit owners of reverse loans; and provides other services for the reverse mortgage market, such as real estate owned property management and disposition. Walter Investment Management Corp. (WAC) was founded in 1958 and is based in Tampa, Florida.

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

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