Trend Following Based on Machine Learning: Returns up to 16.31% in 7 Days

Trend Following

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 from trend following (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

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 7 Days (11/20/2016 – 11/27/2016)
I Know First Average: 7.09%
Stock Screener

In this 7 Days forecast for the Basic Industry Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 stocks. The top-performing prediction in this forecast was X, which registered a return of 16.31%. Other notable stocks were HOV and NAV with a return of 9.29% and 7.90%. The package had an overall average return of 7.09%, providing investors with a premium of 5.65% over the S&P 500’s return of 1.44% during the same period.

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.