Stock Trends Based on Algorithmic Trading: Returns up to 24.91% in 14 Days

Stock Trends

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 prediction for a total of 40 stocks with bullish and bearish signals detected using stock trends:

  • 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 (11/22/2016 – 12/06/2016)
I Know First Average: 7.88%
Stock Trends

18 out of 20 stock prices in this forecast for the Top 20 Stocks Package moved as predicted by the algorithm. X was our best stock pick this week a return of 24.91%. RIG and WLL followed with returns of 22.21% and 20.33% for the 14 Days period. The package saw an overall yield of 7.88% versus the S&P 500’s return of 0.64% implying a market premium of 7.24%.

United States Steel Corporation (X), operates as an integrated steel producer. The Company manufactures flat-rolled and tubular products with production operations in North America and Europe. United States Steel serves the automotive, appliance, container, industrial machinery, construction, and oil and gas industries.

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.