Stock Market Forecasting Based on AI: 3 Stocks, Double Digit Growth in 1 Week

Stock Market Forecasting

This stock forecast based on I Know First’s algorithmic stock scanner is designed for investors and analysts who need stock recommendations to find the best performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 best energy stocks for the long position
  • Top 10 best energy stocks for the short position

Package Name: Energy Stocks
Recommended Positions: Long
Forecast Length: 7 Days (09/28/16– 10/05/16)
I Know First Average: 6.83%

Stock Market Forecasting

Get the “Energy Stocks” Package

In the 7-days period, there were many notable returns predicted by the I Know First Algorithm. Accordingly, the highest return had come from ENSCO PLC (ESV) at 15.29%. Additional notable returns came from Cobalt International Energy, Inc. (CIE) and Clayton Williams Energy, Inc. (CWEI) at 15.28% and 14.55%, respectively. The forecast saw an overall average return of 6.83%, providing investors with a market premium of 6.84% over the S&P 500’s return of -0.01%, during the same period. The I Know First Algorithm had correctly predicted 8 out 10 stocks, during the 7-days forecast.

Ensco PLC (ESV) is an offshore contract drilling company with 68 offshore drilling rigs located in 15 countries.  The company was founded in 1975 with its headquarters in London, United Kingdom.

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