Stock Picking Algorithm Based on Artificial Intelligence: Returns up to 6.97% in 7 Days

Stock Picking Algorithm

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks chosen by our stock picking algorithm with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

    • Top 10 S&P 500 stocks for the long position
    • Top 10 S&P 500 stocks for the short position

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Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 7 Days (05/15/2019 – 05/22/2019)
I Know First Average: 2.12%
Stock Picking Algorithm

The algorithm correctly predicted 8 out 10 of the suggested trades in the S&P 500 Companies Package for this 7 Days forecast. NOC was the highest-earning trade with a return of 6.97% in 7 Days. Additional high returns came from CNC and FANG, at 4.38% and 4.30% respectively. The package had an overall average return of 2.12%, providing investors with a 1.06% premium over the S&P 500’s return of 1.06% during the period.

Northrop Grumman Corporation (NOC), a security company, provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. The company’s Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, unmanned systems, spacecraft, high-energy laser systems, microelectronics, and other systems and subsystems. This segment sells its products primarily to government agencies for use in various areas, including intelligence, surveillance, and reconnaissance; communications; battle management; strike operations; electronic warfare; earth observation; satellite communications; space science; and space exploration. Its Electronic Systems segment offers solutions for sensing, understanding, anticipating, and controlling the operating environment to military, civil, and commercial customers. This segment provides various defense electronics and systems, airborne fire control radars, situational awareness systems, early warning systems, electronic warfare systems, air defense radars and management systems, navigation systems, communications systems, marine power and propulsion systems, space systems, and logistics services. The company’s Information Systems segment offers advanced solutions for Department of Defense, national intelligence, federal civilian, state, international, and commercial customers. This segment provides products and services primarily in the fields of command and control, communications, cyber, air and missile defense, intelligence processing, civil security, health information technology, and government support systems. Its Technical Services segment provides logistics, modernization, and sustainment services; and other advanced technology and engineering services, including space, missile defense, nuclear security, training, and simulation services. The company was founded in 1939 and is based in Falls Church, Virginia.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.