Market Forecast Based on Pattern Recognition: Returns up to 12.60% in 7 Days

Market Forecast

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with market forecast for bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/21/2016 – 11/28/2016)
I Know First Average: 5.99%
Market Forecast

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. X was the top performing prediction with a return of 12.60%. GGB and HOV saw outstanding returns of 10.76% and 8.74%. With these notable trade returns, the package itself registered an average return of 5.99% compared to the S&P 500’s return of 0.91% for the same period.

United States Steel Corporation (X), operates as an integrated steel producer. The Company manufactures flat-rolled and tubular products with production operations in North America and Europe. United States Steel serves the automotive, appliance, container, industrial machinery, construction, and oil and gas industries.

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.