I Know First Weekly Review Algorithmic Performance: August 24th, 2020

I Know First
Weekly Newsletter | August 24th, 2020


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Good morning, I Know First universe.

 

We’re happy to share our best article and stock prediction of the week:

  • Top Trade Ideas – Stocks to Buy Based on Big Data Analytics: Returns up to 1050.94% in 3 Months
☆ Top 10 Stocks For This Week Based On AI Powered Algorithm + Top 10 Stocks to Short ☆



Need To Know First!


  • Undervalued Stocks Based on Genetic Algorithms: Returns up to 34.22% in 3 Days

  • Undervalued Stocks Based on Data Mining: Returns up to 65.8% in 7 Days

  • Options Forecast Based on Data Mining: Returns up to 137.56% in 14 Days
  • Stock Finder Based on Data Mining: Returns up to 202.09% in 1 Month
  • Artificial Intelligence Stocks based on Algorithmic Trading: Returns up to 822.79% in 1 Year

  • Apple (AAPL) Stock is up 41.44% since June 19, 2020 as investors remain bullish on Apple for its rumored use of ARM-based processors in next-generation iMacs.

  • Nvidia (NVDA) Stock is up 22.80% since July 22, 2020 as Nvidia intends to buy ARM Holdings from SoftBank Group, allowing them to be the intellectual property license holder for ARM processors used in a variety of devices.

  • Tesla (TSLA) Stock returns up to 50.08% since July 9, 2020 as Tesla beat sales expectation in Q2 with 90,650 car deliveries and solar panel price reductions make Tesla the cheapest option for those wanting to go solar.



Weekly Winning Forecasts

3 Days
Aggressive Stocks: 8.27% Average
Undervalued Stocks: 34.22% Return
Top Retail Stocks: 28.49% Yield

7 Days
Consumer Stocks: 7.42% Average
Stocks Under 10: 23.86% Return
Top S&P 500 Picks: 12.35% Yield

14 Days
Best of Options: 28.27% Average
Stocks Under 10: 137.56% Yield
Best of S&P 500: 38.98% Return
1 Month
Top Retail Stocks: 56.27% Average
Consumer Stocks: 80.77% Return
Fundamental Stocks: 157.93% Yield

3 Months
Top Aggressive Picks: 180.31% Avg
Stocks Under 10: 985.71% Yield
Best of Options: 553.13% Return
1 Year
Top S&P 500 Picks: 72.68% Avg
Best of Technology: 231.71% Yield
S&P 500 Stocks: 231.71% Return
☆ Predicting Next Week’s Winning Stocks By Using Deep-Learning ☆



Snippets From Our Top Blog Posts For The Week:

Stay Ahead Of The Curve: AI Weekly

High Risk Stocks: Trading Becomes Easier With Machine Learning

Aggressive stocks are both high-risk and high-reward. They hold the potential to produce higher returns than other investments, yet similarly hold higher amounts of risk for large losses. By finding stocks that are more volatile than the rest of the market, the large swings in price can create potential for profit. As a result, investors who are more risk-tolerant are likely to invest in these stocks, versus those who are more risk conscious and conservative.

Investors are encouraged to only trade with the money they can afford to lose, and to employ stop losses to counter a large price swing in the opposite direction of their speculation. Through rational and consistent protection of portfolio assets, investors can gradually grow their portfolio by trading using aggressive methods. They can alleviate much of the effort concerned with finding the right aggressive stock by using the I Know First predictive algorithm. By picking stocks from the Aggressive Stocks package, investors can spend the time they would usually spend searching for stocks with large price swings for researching aggressive trading strategies.


Read more.


Stock Market Predictions: I Know First S&P 500 & Nasdaq Evaluation Report – Accuracy Up To 97%

The I Know First predictive algorithm’s stock predictions for the S&P 500 and Nasdaq indices has historically had exceptional performances. From the period of January to August in 2019, stock predictions held an accuracy consistently above 60% for all time frames up to three months and for both the S&P 500 and Nasdaq. More impressively, the algorithm had a hit ratio of 87% and 97% for the S&P 500 and Nasdaq indices for the three month time frame, respectively.

This level of accuracy suggests that the algorithm can provide consistent and reliable stock predictions for its investors whilst even being able to reduce speculation risk. By working entirely off empirical and historical data, the algorithm employs big data and machine learning to avoid the pitfalls of human-based error judgment. As a result, the algorithm provides impartial insights to investors who can implement this type of computer-derived forecast alongside their usual research routine.


Read more.


Algorithmic Trading: I Know First Strategy Tutorial (Part 2)

Last week we introduced you to the I Know First Strategy Tutorial Part 1, the first part in a three-part series of walkthroughs on how traders can effectively augment their investing with the I Know First predictive algorithm. We are excited to present the second part in this series which will help our subscribers apply the Dr. Roitman trading model in their everyday stock speculation.

Investors are encouraged to review their historical data and trades to see how they can improve upon previous pitfalls. By using the strategy outlined in the tutorial as well as their own individual approach, investors can create a method for stock trading that works for them. Over time, they can test their performance against the I Know First algorithm as a benchmark, using it to help them improve their own insights.

Read more.


Corning Stock: Corning Glass Deserves A New Price target of $35

The last buy recommendation for Corning Glass (GLW) from June 25 was spot on, with GLW stock price rising from $25.81 to $32.47 as of today’s newsletter. GLW’s previously set price target of $30 was not only met, but also seems to have room to grow going forward. With the ongoing pandemic continuing to boost the cloud computing industry, GLW is set to experience a similar price climb.

Companies that are learning to leverage cloud computing are making an effort to stay 100% productive during the coronavirus crisis. As GLW’s data-centric business is set to improve from this fact and is coupled with their partnership with Qualcomm for in-building 5G mmWave small-cell infrastructure, the company is set to remain a strong buy into the coming future as a new price target of $35 is set for the growing firm.

Read More.


AI vs Technical Analysis: Can AI Improve Your Stock Trading Strategies

Stock trading that involves technical analysis done solely by humans can be ripe with human-based error judgments and biases. As a result, artificial intelligence has found itself being gradually more used in finance and stock trading as a way to augment human analysis with empirically driven insights based on big data and machine learning.

With traditional trading only accounting for 10% of trading volume in 2017, it is safe to say that quantitatively driven insights and AI-powered investing has captured the speculation market. Wall Street opened its first such 100% AI-driven Equity Trading Fund (ETF) in 2017. This ETF saw its shares rise by 20% in one year alone. Despite such significant gains in the field of big data trading, it isn’t too late to join the movement. Investors can subscribe to the I Know First predictive algorithm, a consistent and reliable forecast for over 10,500 assets that has proven repeatedly its ability to outperform the market and push the frontier for AI-powered investing.

Read more.


Want to learn more?




Letter from the CEO

Dear Readers,

This week on Tuesday, the S&P 500 closed at a record high, wiping out any losses from the coronavirus-induced sell-off and returning the market to pre-pandemic levels. However, between the previous market high on February 19 and the new high on August 18, 38% of stocks in the index made gains while the other 62% saw losses. Thus, the key was to focus on the right stocks, for which there is no better way to do so than by using AI.

Considering this market movement, which stocks did the Predictive Algorithm pick three months ago? In the Aggressive Stock package’s three-month forecast, KIRK, TUP, CPST, and DPW all saw returns of 1050.94%, 378.69%, 110.94%, and 76.36%, respectively! The total average return of the forecast was 180.31%, outperforming the S&P 500 index by a total of 12 times! Similarly in the Options package’s three-month forecast, OSTK, PENN, and GPRE all saw returns of 553.13%, 107.42%, and 73.71%, respectively! The total average return of the forecast was 102.55%, outperforming the S&P 500 index by a total of seven times! OSTK and GPRE also jumped in the past week, with the Fundamental Stock package’s seven-day forecast showing OSTK and GPRE with returns of 13.97% and 15.25%, respectively. Similarly, PEIX saw a jump of 65.80% in the past week alone! The total average return of the forecast was 11.55%, outperforming the S&P 500 index by a total of 12 times!

Given these performances, what are the best opportunities for this week? Join here to unlock the most promising stock picks for both long and short positions for the next week!


Warmest Regards

Yaron Golgher, Co-Founder and CEO


Q&A With I Know First
I Know First’s Daily Market Forecasts And How to Interpret the Numbers

Q. What is the heatmap?
A. The heat map is the agglomeration of all the colors of the stock predictions. An overwhelmingly green heat map suggests the market will generally go up and an overwhelmingly red heat map suggest that the market will generally go down.

Q. What do the colors indicate?
A. The green boxes signify long predictions and the red boxes signify short predictions. The bright shades denote the strongest predictions.

Q. What are the arrows (green “up-arrow”/red “down-arrow)?
A. The green “up-arrow” denotes a recommended long position and the red “down-arrow” denotes a recommended short position.

Q. What are the percentages to the right of the arrows?
A. These are the percent changes in the stocks from the time they were forecast through the end of the time horizon. The percentage changes are positive if the stock increases and negative if the stock decreases.

Q. How should I use the S&P 500 forecast?
A. The S&P 500 is a great representation of the general US stock market. If the algorithm predicts that the S&P 500 will go up, then it is a good sign that the stock market will generally increase. If the predictability for the S&P 500 is relatively weak, then it is important to be cautious, as the algorithm is unconfident about the direction of the stock market.
Get Access to the Latest Heatmap + Daily Market Forecasts!



Commodities, Gold & Currencies

Gold Based on Deep Learning:
Returns up to 1.05% in 7 Days

August 23 | Read More

Gold Price Based on Big Data:
Returns up to 41.99% in 1 Month

August 23 | Read More

Gold Based on Algo Trading:
Returns up to 12.42% in 3 Months

August 23 | Read More
Currency Forecast by AI:
65.38% Hit Ratio in 14 Days
August 23 |
Read More

Forex Market Forecast:
65.38% Hit Ratio in 1 Month
August 23 |
Read More

Exchange Rate Forecast:
69.23% Hit Ratio in 3 Months
August 23 |
Read More
Find The Latest Top Commodities and Currency Pairs With AI Insight



Weekly Apple Stock Update

This week’s Apple Stock News discusses Apple’s $2 trillion market capitalization, two new Apple Music Radios, their battle with Epic Games over App Store fees, and threats to Apple’s Chinese market as Trump ban’s WeChat.

This week Apple became the first US company to reach a market capitalization of $2 trillion. This comes after the tech giant was the first US company to reach a market capitalization of $1 trillion back in August of 2018. Despite the recent Coronavirus pandemic, Apple has managed to grow more than 50% in 2020, with their third quarter results showing an 11% year-over-year increase.

On August 17, Apple announced two new live global radio offerings for Apple Music. Beats 1, being renamed Apple Music 1, and Apple Music Country will now be available to music fans in 165 countries. Such announcements are the reason why since 2015, Apple Music has become one of the most-listened-to radio stations in the entire world and why it is set to grow into the future.

Epic Games continues to battle with Apple over their 30% App Store fees and requirement that iOS app developers use their payment system. As of past Tuesday, Apple has not yet responded to Epic Games, who also runs their own store and takes a cut of developer sales. Apple did make a statement to Barron’s that they won’t be making an exception for Epic games, suggesting that this effort is unlikely to convince Apple to change their current operational approach.

Following Trump’s executive order that banned US companies from doing business with WeChat, iPhone users across China are reconsidering their loyalty to the smartphone brand. With nearly the entire Chinese diaspora and majority of of the Chinese smartphone market relying on WeChat for communication and daily errand services, such a move is set to make iPhones essentially useless for those who are attached to WeChat for their daily routine. If Apple is forced to remove WeChat from its store, the company could see a 25-30% decrease in annual iPhone shipments to China.


Read more.
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