Daily Market Forecast Based on Big Data: Returns up to 14.72% in 14 Days

Daily Market Forecast

This Tech Giants Stocks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the Tech Giants sector (see Tech Giants Stocks Package). It includes 20 stocks with bullish and bearish signals:

  • Top 10 Tech Giants’ stocks for the long position
  • Top 10 Tech Giants’ stocks for the short position


Package Name: Tech Giants’ Stocks
Recommended Positions: Long
Forecast Length: 14 Days (01/30/2019 – 02/13/2019)
I Know First Average: 9.88%
Daily Market Forecast

10 out of 10 stock prices in this forecast for the Tech Giants’ Stocks Package moved as predicted by the algorithm. MCHP was our best stock pick this week a return of 14.72%. CGNX and WDC followed with returns of 13.81% and 12.08% for the 14 Days period. The package saw an overall yield of 9.88% versus the S&P 500’s return of 4.28% implying a market premium of 5.60%.

Microchip Technology Incorporated, incorporated on February 14, 1989, is engaged in developing, manufacturing and selling specialized semiconductor products used by its customers for a range of embedded control applications. The Company operates through two segments: semiconductor products and technology licensing. In the semiconductor products segment, the Company designs, develops, manufactures and markets microcontrollers, development tools and analog, interface, mixed signal and timing products. Its functional activities include sales, marketing, manufacturing, information technology, human resources, legal and finance.

The Company’s product portfolio comprises general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, a spectrum of linear, mixed-signal, power management, thermal management, radio frequency (RF), timing, safety, security, wired connectivity and wireless connectivity devices, as well as serial electrically erasable programmable read-only memories (EEPROMs), serial flash memories, parallel flash memories and serial static random-access memory (SRAM) memories. It also licenses Flash-IP solutions that are incorporated in a range of products. Its synergistic product portfolio targets various applications across the world in the automotive, communications, computing, consumer and industrial control markets.

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 Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are 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.