Stock Market Predictions Based on AI: Returns up to 28.95% in 7 Days

Stock Market Predictions

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic forecast is for stocks with recently reported insiders’ transactions.An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insiders Stocks
Recommended Positions: Long
Forecast Length: 7 Days (04/09/2018 – 04/16/2018)
I Know First Average: 6.29%
Stock Market Predictions

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from SMRT, at 28.95%. The suggested trades for SHLD and SSI also had notable 7 Days yields of 16.32% and 10.18%, respectively. The overall average return in this Insiders Stocks package was 6.29%, providing investors with a 3.47% premium over the S&P 500’s return of 2.82% during the same period.

Stein Mart, Inc., incorporated on October 14, 1983, is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store. Its stores are located in the Northeast, Midwest, Southeast, Texas and the Southwest. It is concentrated in the Southeast and Texas where over 180 of its stores are located.

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.