Stock Picking Strategies Based on Data Mining: Returns up to 46.25% in 7 Days

Stock Picking Strategies

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools for stock picking strategies. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/23/2016 – 11/30/2016)
I Know First Average: 7.40%
Stock Picking Strategies

The algorithm correctly predicted 8 out 10 of the suggested trades in the Top 10 Stocks Package for this 7 Days forecast. FNMA was the highest-earning trade with a return of 46.25% in 7 Days. Additional high returns came from WLL and WYNN, at 20.75% and 3.97% respectively. The package had an overall average return of 7.40%, providing investors with a 7.59% premium over the S&P 500’s return of -0.19% during the period.

Federal National Mortgage Association (FNMA), provides liquidity and stability support services for the mortgage market in the United States.

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.