Short Term Stock Picks Based on Pattern Recognition: Returns up to 21.57% in 7 Days

Short Term Stock Picks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 7 Days (01/08/2019 – 01/15/2019)
I Know First Average: 6.13%
Short Term Stock Picks

The algorithm correctly predicted 9 out 10 of the suggested trades in the S&P 500 Companies Package for this 7 Days forecast. NKTR was the highest-earning trade with a return of 21.57% in 7 Days. Additional high returns came from NFLX and INCY, at 12.46% and 6.13% respectively. The package had an overall average return of 6.13%, providing investors with a 3.75% premium over the S&P 500’s return of 2.38% during the period.

Nektar Therapeutics (NKTR), develops drug candidates that utilize its PEGylation and polymer conjugate technology platforms in the United States. Its product pipeline includes drug candidates in therapeutic areas comprising cancer, auto-immune disease, and chronic pain.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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