Top 10 Stocks Based on Algo Trading: Returns up to 25.08% in 14 Days

Top 10 Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. 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: 14 Days (11/23/2016 – 12/07/2016)
I Know First Average: 8.73%
Top 10 Stocks

For this 14 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from FNMA, at 25.08%. The suggested trades for AKS and X also had notable 14 Days yields of 21.37% and 16.39%, respectively. The overall average return in this Top 10 Stocks package was 8.73%, providing investors with a 6.99% premium over the S&P 500’s return of 1.74% during the same period.

Federal National Mortgage Association (FNMA), provides liquidity and stability support services for the mortgage market in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS).

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.