Trend Following Based on Predictive Analytics : Returns up to 14.30% in 7 Days

Trend Following

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: 7 Days (12/12/2017 – 12/19/2017)
I Know First Average: 3.79%
Trend Following

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Top 10 Stocks Package for the 7 Days time period. The greatest return came from UAA at 14.30%. TEVA and ABX also performed well for this time horizon with returns of 8.88% and 4.40%, respectively. The package itself saw an overall return of 3.79%, providing investors with a 2.98% premium above the S&P 500’s return of 0.81% for the same time period.

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.