Etf Outlook

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. 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 (08/15/2017 – 08/22/2017)
I Know First Average: 1.19%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this ETFs Forecast Package for the 7 Days time period. The greatest return came from DBB at 4.09%. NUGT and ILF also performed well for this time horizon with returns of 2.66% and 2.61%, respectively. The package itself saw an overall return of 1.19%, providing investors with a 1.73% premium above the S&P 500’s return of -0.54% for the same time period.

The investment seeks to track the DBIQ Optimum Yield Industrial Metals Index Excess Return™ (DBIQ-OY Industrial Metals ER™), which is intended to reflect the base metals sector.

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.