Daily Market Forecast Based on Data Mining: Returns up to 21.25% in 14 Days

December 6, 2017

Daily Market Forecast

This Options forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The full Top 10 Options forecast includes daily predictions for the best options to buy for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Call Options
  • Top 10 Put Options

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Package Name: Options
Recommended Positions: Long
Forecast Length: 14 Days (11/21/2017 – 12/05/2017)
I Know First Average: 6.06%
Daily Market Forecast

8 out of 10 option prices in this forecast for the Options Package moved as predicted by the algorithm. The prediction with the highest return was M, at 21.25%. Further notable returns came from URBN and KR at 14.29% and 13.02%, respectively. The Options package had an overall average return of 6.06%, providing investors with a premium of 4.22% over the S&P 500’s return of 1.84%.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of November 1, 2016, it operated approximately 880 stores in 45 states, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury names, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

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.

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