I Know First Weekly Review Algorithmic Performance: July 20th, 2020

I Know First
Weekly Newsletter | July 20th, 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 – Stock Market Opportunities at Coronavirus Times Based on Pattern Recognition: Returns up to 134.8% in 1 Month
 Top 20 Stock Picks for This Week Based on AI Powered Algorithm + Top 10 Biotech Stocks

Need to Know First!

  • Best Stocks To Buy Based on a Self-learning Algorithm: Returns up to 17.39% in 3 Days
  • Top Stocks to Buy Based on Pattern Recognition: Returns up to 45.89% in 7 Days
  • Biotech Stocks Based on Artificial Intelligence: Returns up to 72.08% in 14 days
  • ETF Forecast Based on Stock Algorithm: Returns up to 80.16% in 3 Months
  • Immunomedics (IMMU) Stock is up 34.58% since June 4, 2020 as the company’s main product is approved by FDA in earlier April and breast cancer drug market continues to expand. 
  • Align (ALGN) Stock is up 31.22% since May 31, 2020 as the company works to recover from the recent pandemic and fundamental analysis shows bullish future price trend.
  • Ericsson (ERIC) Stock returns up to 17.22% since July 2, 2020 as sanction on Huawei boast Ericsson’s market share and companies choose Ericsson for high-profile 5G infrastructure deployment contracts. 

Weekly Winning Forecasts

3 Days

Stocks Under 10: 12.21% Avg
Top in Biotech: 27.75% Return
Top 10 Stocks: 5.79% Yield

7 Days

Aggressive Stocks: 14.5% Average
Best of S&P500: 16.13% Return 
Top 10 Stocks: 17.59% Yield

14 Days

Top Biotech Picks: 13.92% Average
Tech Giant Stocks: 22.48% Yield
Top ETFs To Buy: 16.5% Return

1 Month

Corona Stocks: 25.52% Average
Top in Biotech: 153.55% Return
Tech Giant Picks: 44.57% Yield

3 Months

Corona Forecast: 115.1% Avg
Options Outlook: 437.1% Yield
Best in Biotech: 676.19% Return

1 Year

Promising AI Stocks: 95.47% Avg
Best in Technology: 144.23% Yield
Pharmacy Stocks: 131.78% 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

The Importance of Long Term Investments With AI Technology

Investors can take advantage of long-term trading strategies in order to maximize their returns whilst minimizing risk. The benefit of long-term investment horizons is the ability to utilize compound interest to the fullest, which earns additional returns on previous gains and compounds with each period. For this reason, it is imperative that investors stay disciplined enough to hold their long-term positions through periods of market downturn.

To better mitigate risk, regular deposits of small capital into a trading account can help keep positions afloat through turbulent economic times. For better performance, traders can augment their own research with AI like that of the I Know First algorithm. As shown on MarketWatch, the I Know First algorithm can help investors determine the best stocks to invest in for the long-term, as well as identify both long and short opportunities to make profit regardless of the market’s direction.

Read more.


Can Fidelity Trading Find Use From Genetic Algorithms?

Fidelity’s trading platforms like Active Trader Pro are of the largest trading platforms in the United States. Voted by Investopedia as the best overall online broker, Fidelity offers a variety of complex and deep analytical tools for investors to use in their own asset research. Near immediate trade execution and customizable interfaces for asset screening allow for Fidelity to remain a market leader in stock trading within the United States.

In order to better round out their research capabilities, Fidelity users can use I Know First’s algorithmic forecasts for their empirically driven insights that avoid pitfalls of human-error judgment. With a proven track record of accuracy and asset screening consistency, the algorithm can not only help Fidelity traders in the short-term but into the speculative beyond of Fidelity’s future asset offerings.

Read more.


Tesla Stock Forecast: Record Highs Amidst Economic Downturn

The electric car giant has beat sales expectations in Q2 2020, reaching a total of 90,650 cars delivered by end of quarter. With recent reductions in the price of solar panels, Tesla is poised to take the market with its relatively cheaper solar panel installations, a business endeavor that even Elon Musk believes will outperform the car component of his company in due time.

Current hype surrounding the innovative firm makes Tesla a high-risk high-reward investment, with some remaining optimistic about Tesla stock’s ability to climb further up in 2020. Considering Tesla’s resilience through the recent pandemic and its strong outlook in expanding business operations going forward, it is of no surprise that the I Know First algorithm gives Tesla a bullish 1-year projection.

Read more.


Algorithmic Forecasting to Increase Profits of E-Trade Investors

E-Trade as a trading platform stands apart from its competitors with a larger arsenal of trading options and a trove of resources for its users. In recent times, E-Trade has seen a surge in new accounts, possibly due to the recent pandemic driving people to start investing. They’ve also been acquired by the financial giant, Morgan Stanley, a sign that can only further attest to E-Trade’s valuable place in the market.

Alongside the myriad of resources available for them on the E-Trade platform, investors can supplement their own asset analysis with the I Know First algorithmic forecast. Sporting multiple stock forecasting options, the algorithm can provide custom forecasts for individual portfolios, providing stock insights on empirical data and progressively improving with machine learning methods.

Read More


Netflix Stock Predictions: Take Your Profits on Netflix

Trading less than $370 at the time of the last bullish Netflix prediction on April 5, the stock has now hit the price of $527 on July 16. With a total capital gain of around 30%, the market is beginning to become nervous, raising doubts on the stock’s ability to hit the previous high of $573. The stock further fell 9% after the release of the earnings report for Q2 2020.

Although the pandemic which is responsible for Netflix’s spike in price is still ongoing, there is no serious belief that subscriber count will continue to see record surges like of months past. In fact, with closures and lock-downs driving companies to reduce operations, increased unemployment could hinder people’s ability to stay subscribed on Netflix’s platform, causing possible financial trouble for the streaming behemoth.

Read more.

Want to learn more?


Letter from the CEO

Dear Readers, 

Over the past week, the Dow and S&P 500 posted gains while the Nasdaq closed at a lower price. The biotech sector was one of the winning sectors during this time period. In accordance with the Biotech Stocks forecast, NVAX jumped by almost 17% on Friday, gaining 27% in just three days! NVAX was also a part of the Aggressive Stocks forecast and the Coronavirus Package.

In addition to long positions like the ones mentioned, did you know that the I Know First algorithm has the ability to identify both long AND short sell opportunities? Now it is possible to take advantage of the market’s volatility in both directions!

The I Know First algorithm was recently showcased in an article by MarketWatch for its ability to predict the recent market downturn resulting from the Coronavirus pandemic. Adapting its predictive models to maximize return and minimize risk during volatile market periods, the I Know First algorithmic forecast provides predictions for over 10,500 assets trading worldwide with a proven record of consistency and accuracy. To access this predictive power, click here

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 forecast date?
A: The forecast date is the date the algorithm released this set of predictions.

Q: What is the time horizon? 
A: The time horizon is the suggested period of time to hold the suggested stocks. When we calculate the forecast performance, we do so from the forecast date through the end of the time horizon. 

Q: What is the return?
A: The return is the percentage movement of each stock multiplied by 1 if the algorithm suggested a long position or multiplied by negative 1 if the algorithm suggested a short position. In other words if the algorithm correctly predicts the direction of the stock, the return is the positive percentage change of the stock, and if the algorithm incorrectly predicts the direction of the stock, the return is the negative percentage change of the stock. The return is the last end of the day price at the target date of the forecast VS the price when the forecast was sent (the end of the day price of the previous day).

Q. How should I use the predictability and signals? 
A. It is recommended that investors consider both the signal strength and predictability, as a highly predictable stock that barely moves and an unpredictable stock that is projected to move drastically both make unattractive investments.

Q Which time horizons should I follow? 
A. The longer-term forecasts (1-month and 3-month) tend to have higher predictabilities as the algorithm can more easily spot long-term trends. We suggest following these two time horizons the most closely, but the more reactionary shorter term horizons are helpful in understanding the short-term volatility of the market. Perhaps if you see that a stock with a strong, positive 3-month prediction has a negative short-term forecast, it is a good idea to wait until the stock decreases in value before buying it.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.

Get Access to the Latest Heatmap + Daily Market Forecasts!

Commodities, Gold & Currencies

Gold Based on Deep Learning:
Returns up to 1.21% in 3 Days

July 19 | Read More

Gold Price Based on Big Data: 
Returns up to 3.43% in 7 Days
July 19 | Read More

Gold Based on Algo Trading:
Returns up to 7.64% in 14 Days
July 19 | Read More

Currency Forecast by AI 
67.31% Hit Ratio in 3 Days
July 19 |
Read More

Forex Market Forecast:
69.23% Hit Ratio in 14 Days
July 19 |
Read More

Exchange Rate Forecast:
75.0% Hit Ratio in 1 Month
July 19 | 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 users’ desire to know release dates for Apple Silicon Macs, the pandemic’s effect on the company, and increases in iPhone app usage.

Since the World Wide Developer’s Conference (WWDC) 2020, Apple users want to know the release dates for the new Apple Silicon Macs. Expert opinion by analyst Ming-Chi Kuo believes that the 13-inch Macbook pro will release by end of 2020, the Macbook Air will do the same or delay until early 2021, and the 14- and 16-inch Macbook pros will release in late 2021. No news has been reported on the release status of the iMac.

When Corona cases started to decrease, Apple began slowly reopening stores. Yet with recent spikes in numbers, many stores have been subsequently closed, mainly in California, Florida, and Texas. Reopening will remain on local conditions, with Apple employees not expected to all be back in the office by end of 2020. Depending on location, there will be flexibility on allowing workers to remain in the office based on project requirements and health concerns.

The recent pandemic has caused mobile app usage to surge by 40% from Q2 2019 to Q2 2020 as a result of stay-at-home orders. Most of this is of the gaming variety, with a 20% year-over-year increase of game downloads for Q2 2020. In addition to video games, business, fitness, education, and entertainment all saw increases in usage as well.

Read more.

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