Stock Market Direction Forecast Based on AI: Returns up to 52.83% in 3 Days

Stock Market Direction Forecast

Best Australian Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (03/07/2018 – 03/10/2018)
I Know First Average: 5.02%
Stock Market Direction Forecast

During the 3 Days forecasted period several picks in the By Country – Australian Stocks Package saw significant returns. The algorithm had correctly predicted 5 out 10 returns. The prediction with the highest return was BLK.AX, at 52.83%. Further notable returns came from BNO.AX and BAL.AX at 7.78% and 7.18%, respectively. The By Country – Australian Stocks package had an overall average return of 5.02%, providing investors with a premium of 2.88% over the S&P 500’s return of 2.14%.

Blackham Resources Limited is engaged in mineral exploration and development. The Company is engaged in Western Australian exploration activities. The Company is engaged in open pit mining and underground mine development at the Matilda Gold Project, and intends to produce gold bar from its approximately 1.7 Metric Tons Per Annum (Mtpa) Wiluna gold plant. The Matilda Gold Project incorporates over 780 square kilometers of tenements, including Regent and the Matilda and Williamson Gold Mines. These tenements cover approximately 45 kilometers of strike along the Wiluna Mine Sequence and approximately 10 kilometers of strike along the Coles Find Sequence. The Williamson deposit is situated on the Wiluna Mine Sequence covering approximately six kilometers of strike with multiple mineralized structures. Williamson is approximately 26 kilometers to the Wiluna Gold Plant and over 10 kilometers from the Matilda Mine by haul roads.

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.