Stock Market Forecasting Based on Pattern Recognition: Returns up to 17.06% in 14 Days

Stock Market Forecasting

This forecast is part of the Top 20 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily forecasting for a total of 40 stocks with bullish and bearish signals in the stock market:

  • Top 20 stocks pick for the long position
  • Top 20 stocks pick for the short position

Package Name: Top 20 Stocks
Recommended Positions: Long
Forecast Length: 14 Days (05/29/2018 – 06/12/2018)
I Know First Average: 6.09%
Stock Market Forecasting

The algorithm correctly predicted 18 out 20 of the suggested trades in the Top 20 Stocks Package for this 14 Days forecast. AMD was the highest-earning trade with a return of 17.06% in 14 Days. Additional high returns came from BRX and CHK, at 16.16% and 11.86% respectively. The package had an overall average return of 6.09%, providing investors with a 3.68% premium over the S&P 500’s return of 2.41% during the period.

Advanced Micro Devices Inc.  (AMD) operates as a semiconductor company worldwide. The company’s products include mainly x86 microprocessor as an accelerated processing unit (APU) and graphic process units (GPU). It also provides microprocessors for desktop PCs.

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.