S&P500 Stock Picks Based on Data Mining: Returns up to 9.72% in 7 Days

S&P500 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

sp500
Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 7 Days (01/09/2019 – 01/16/2019)
I Know First Average: 4.49%
S&P500 Stock Picks

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. NFLX was the top performing prediction with a return of 9.72%. NKTR and MAT saw outstanding returns of 9.69% and 6.47%. With these notable trade returns, the package itself registered an average return of 4.49% compared to the S&P 500’s return of 1.62% for the same period.

Netflix Inc. (NFLX) is an Internet subscription service for watching television shows and movies. Subscribers can instantly watch unlimited television shows and movies streamed over the Internet to their televisions, computers, and mobile devices and in the United States, subscribers can receive standard definition DVDs and Blu-ray Discs delivered to their homes.

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.