Stock Market Direction Forecast

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 3 Days (08/18/2017 – 08/21/2017)
I Know First Average: 3.95%

For this 3 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from BTOW3.SA, at 8.86%. The suggested trades for POMO4.SA and ESTC3.SA also had notable 3 Days yields of 8.70% and 6.43%, respectively. The overall average return in this Bovespa package was 3.95%, providing investors with a 4.02% premium over the S&P 500’s return of -0.07% during the same period.

B2W – Companhia Digital engages in the e-commerce business through a digital platform in Brazil. It offers various categories of products and services under the Americanas.com, Submarino, Shoptime, and Sou Barato brands through a network of Internet, telesales, catalogs, TV, and kiosk distribution channels.

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.