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: 14 Days (08/15/2017 – 08/29/2017)
I Know First Average: 4.86%

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this ETFs Forecast Package for the 14 Days time period. The greatest return came from NUGT at 20.85%. GDXJ and GDX also performed well for this time horizon with returns of 7.17% and 6.96%, respectively. The package itself saw an overall return of 4.86%, providing investors with a 5.65% premium above the S&P 500’s return of -0.79% for the same time 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.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.