Stock Market Prediction Based on Machine Learning: Returns up to 27.90% in 7 Days

Stock Market Prediction

This stock market prediction is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Short
Forecast Length: 7 Days (10/28/2016 – 11/04/2016)
I Know First Average: 7.59%

Stock Market PredictionI Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Top 10 Stocks Package for the 7 Days time period. The greatest return came from WFT at 27.90%. THC and CHK also performed well for this time horizon with returns of 14.21% and 12.99%, respectively. The package itself saw an overall return of 7.59%, providing investors with a 9.83% premium above the S&P 500’s return of -2.24% for the same time period.

Weatherford International public limited company, (WFT) operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.

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.