Stock 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

Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 14 Days (10/24/2016 – 11/07/2016)
I Know First Average: 6.36%

10 out of 10 stock prices in this forecast for the Basic Industry Stocks Package moved as predicted by the algorithm. VALE was our best stock pick this week a return of 14.54%. Further notable returns came from FCAU and ERJ at 14.29% and 11.44%, respectively. The package saw an overall yield of 6.36% versus the S&P 500’s return of -0.45% implying a market premium of 6.81%.

Vale S.A.,(VALE) engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally.

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.