Equity Research

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions for equity research. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 ETFs with bullish and bearish signals:

• Top 10 ETFs for the long position
• Top 10 ETFs for the short position

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 7 Days (08/16/2017 – 08/23/2017)
I Know First Average: 2.73%

For this 7 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from NUGT, at 9.13%. The suggested trades for EWZ and DBB also had notable 7 Days yields of 4.29% and 3.84%, respectively. The overall average return in this ETFs Forecast package was 2.73%, providing investors with a 3.56% premium over the S&P 500’s return of -0.83% during the same period.

The investment fund, (NUGT), seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.

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.