Energy Sector Stocks

The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 20 stocks with bullish and bearish signals and indicates the best energy stocks to buy and sell:

• Top 10 Energy stocks for the long position
• Top 10 Energy stocks for the short position

Package Name: Energy Stocks
Recommended Positions: Long & Short
Forecast Length: 3 Days (11/16/2018 – 11/19/2018)
I Know First Average: 2.31% (Long) & 7.96% (Short)

During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from TK which registered a return of 18.47%. For the long positions the largest growth was registered by UNG with a return of 16.98%, during the same period. The package itself, had an overall average return of 2.31%, in the long position, providing a premium of 3.76% over the SP500’s return of -1.45%. With regards to the short position, the package had an overall average return of 7.96%, providing investors with a premium of 9.41% over S&P500’s return of -1.45%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 8 out of 9 stocks, for the short position for this 3 Days forecasted period.

Teekay Corporation (TK) primarily provides crude oil and gas marine transportation services in Bermuda and internationally. The company operates through Offshore Logistics, Offshore Production, Liquefied Gas Carriers, and Conventional Tankers segments. It operates shuttle tankers, floating storage and off-take units, HiLoad DP units, and long-distance towing and offshore installation vessels, as well as offers offshore accommodation, storage, and support for maintenance and modification projects. The company also operates floating production, storage, and offloading units, as well as other vessels used to service its FPSO contracts; liquefied natural gas (LNG) and liquefied petroleum gas carriers; and conventional crude oil and product tankers. As of April 01, 2016, its fleet comprised approximately 220 liquefied gas, offshore, and conventional tanker assets. The company serves energy and utility companies, oil traders, oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation (TK) was founded in 1973 and is based in Hamilton, Bermuda.

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

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.