Stock Market Direction Forecast Based on Data Mining: Returns up to 11,98% in 14 Days

Stock Market Direction Forecast

Stock Market Direction Forecast. This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 ETFs with bullish and bearish signals:

  • Top 10 ETFs for the long position
  • Top 10 ETFs for the short position

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 14 Days (12/31/2017 – 01/14/2018)
I Know First Average: 6,43%

The algorithm correctly predicted 9 out 10 of the suggested trades in the ETFs Forecast Package for this 14 Days forecast. OIH was the highest-earning trade with a return of 11,98% in 14 Days. Additional high returns came from SLX and NUGT, at 11,54% and 9,24% respectively. The package had an overall average return of 6,43%, providing investors with a 2,22% premium over the S&P 500’s return of 4,21% during the period.

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.