SP 500 Forecast Based on Artificial Intelligence: Returns up to 67.50% in 3 Months

SP 500 Forecast

This forecast 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: Long
Forecast Length: 3 Months (11/11/2016 – 02/11/2017)
I Know First Average: 26.17%
Sp 500 Forecast

During the 3 Months forecasted period several picks in the Top 10 Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 stocks. The prediction with the highest return was FMCC, at 67.50%. Further notable returns came from FNMA and X at 67.46% and 52.70%, respectively. The Top 10 Stocks package had an overall average return of 26.17%, providing investors with a premium of 19.31% over the S&P 500’s return of 6.86%.

Federal Home Loan Mortgage Corporation, or Freddie Mac (FMCC) provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.

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.

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