Machine Learning Trading: Over 24% Return In just 14 Days

Machine Learning Trading

This medicine stocks forecast is designed for investors and analysts who need predictions of the best stocks to buy for the whole Medicine Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best medicine stocks to buy:

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

Package Name: Medicine Stocks
Forecast Length: 14 Days (09/02/16– 09/16/16)
I Know First Average: 7.05%

Machine Learning Trading

Several stocks in this short-term 14 days forecast saw significant gains. Raptor Pharmaceutical Corp. (RPTP) was the top performer with a return of 24.17%. Bovie Medical Corporation (BVX) and Alkermes Plc (ALKS) saw outstanding returns of 11.31% and 9.63%. With these notable stock returns, the package itself saw an average return of 7.05% compared to the S&P 500’s negative return of 1.46% for the same period. The market premium calculates to 8.51%. The algorithm had correctly predicted 8 out 10 stock movements correctly.

Raptor Pharmaceutical Corp. (RPTP) is a biopharmaceutical company, focuses on developing and commercializing transformative treatments for people affected by rare and debilitating diseases. On May 17th, the day before the forecast, RPTP breached its 50-day moving average in a bullish manner. Analysts expect further growth from the company in the future.

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 algorithmic traders.

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