Stock Market Trends Based on Machine Learning: Returns up to 60.70% in 3 Months

Stock Market Trends

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 3 Months (11/01/2016 – 02/01/2017)
I Know First Average: 25.58%
Stock Market Trends

9 out of 10 stock prices in this forecast for the Basic Industry Stocks Package moved as predicted by the algorithm. MDR was our best stock pick this week a return of 60.70%. VALE and FCAU followed with returns of 52.35% and 50.00% for the 3 Months period. The package saw an overall yield of 25.58% versus the S&P 500’s return of 7.21% implying a market premium of 18.37%.

McDermott International, Inc. (MDR), provides engineering, procurement, construction and installation, and module fabrication services for upstream field developments worldwide. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company’s customers include national, integrated, and other oil and gas companies. McDermott International, Inc. (MDR) was founded in 1923 and is headquartered in Houston, Texas.

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.