I Know First Weekly Review Algorithmic Performance: July 7, 2020

I Know First
Weekly Newsletter | July 7th, 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 – Artificial Intelligence Stocks Based on Algorithmic Trading: Returns up to 438.26% in 1 Year

Happy Fourth of July!

The I Know First team wishes you a happy Fourth of July!
Celebrate with this special deal for one day only:
15% off EVERY forecast with code: 
Independence

This Fourth of July, sign up for the latest AI-based market forecasts!

Need to Know First!

  • 52 Week High Based on Machine Learning: Returns up to 26.17% in 7 Days
  • Biotech Stocks Based on AI: Returns up to 47.34% in 14 Days
  • Stocks to Buy Based on Patter Recognition: Returns up to 124.14% in 1 Month
  • Trade Ideas Based on Big Data Analytics: Returns up to 423.0% in 3 Months
  • Amazon (AMZN) Stock is up 51.60% since April 4, 2020 as Coronavirus pandemic sends new customers to Amazon’s online marketplace and their cloud computing infrastructure service, AWS.
  • Nvidia (NVDA) Stock is up 23.19% since May 13, 2020 as stay-at-home orders boost video-gaming industry and Nvidia expands to new markets for growth.
  • Immunomedics (IMMU) Stock returns up to 12.78% since June 4, 2020 as main product is approved by FDA earlier in April and great cancer drug market continues to expand. 

Weekly Winning Forecasts

3 Days

Top S&P500 Stock: 4.08% Avg
Pharma Stocks: 20.0% Return
Top ETFs To Buy: 10.16% Yield

7 Days

Consumer Stocks: 6.42% Average
52 Wk High Stocks: 26.17% Return
Best S&P500 Picks: 9.18% Yield

14 Days

Best in Biotech: 13.09% Avg
Options Outlook: 48.91% Yield
Top Tech Stocks: 15.9% Return

1 Month

Aggressive Stocks: 41.69% Avg
Stocks Under 10: 89.09% Return
Fundamental Stocks: 97.21% Yield

3 Months

Top in Biotech: 138.57% Average
Fundamental Picks: 489.03% Yield
Aggressive Stocks: 423.0% Return

1 Year

Promising AI Stocks: 83.67% Avg
Best in Technology: 125.45% Yield
S&P 500 Forecast: 125.45% 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

Amazon Stock Forecast: Do Not Panic Amazon Stock Can Still Hit $3000

Despite the COVID-19 pandemic boosting Amazon to a record price of $2,796 this past June 24, the stock remains a strong buy into the foreseeable future. The 6-month return of 44.10% is a strong indicator for investors to take returns. However, the new tailwind from Amazon Web Service’s online education and learn-from-home features are poised to boost confidence in Amazon.

As the global crisis continues to rage on, Amazon fails to take the fight laying down. Their recent $1.2 billion purchase of self-driving car company Zoox is a solid booster of growth into the upcoming decade. Given this purchase, Amazon Logistics may have self-driving delivery cars and trucks across North America reasonably soon. This purchase alongside the company’s strong recent growth and newly released online work-and-learn features are why Amazon remains a strong buy going forward.

Read more.


Stock Picking by AI Empowers Better Investments for eToro Users

Due to the recent Coronavirus pandemic, eToro has benefited from an increase in online trading. In the first four months of 2020 alone, eToro has seen user count surge by 427%. These new users are able to try out eToro’s ‘CopyPortfolio’ feature, which allows investors to copy the top-performing investment portfolios automatically. Although useful in tracking the high performance strategies of the day, blind copying without doing due diligence is just as risky as any other type of trading.

In order to help mitigate the risks that come with mirroring another investor’s portfolio, I Know First offers a stock assessing algorithm which can provide forecasts for any asset type to investors. Instead of relying on one tool to do their trading, investors can now augment their own due diligence and copytrading with the I Know First algorithm which objectively assesses assets without human derived assumptions. This well-rounded combination of analytical instruments is key for investors who wish to invest reliably and effectively on eToro.

Read more.


Algorithmic Trading: I Know First Strategy Tutorial

Although the I Know First algorithm has been historically shown to be accurate and reliable, it is important that the user of it knows how to apply it in their trading. Developed by Dr. Roitman, the trading model is most effective when utilized under a consistent and well-rounded strategy. For this reason, investors should review their historical data and trades to see how they can be optimized when done alongside the forecasts of the algorithm.

Investors are encouraged to take note of I Know First’s algorithmic trading tutorial as given by Daniel Hai. This tutorial with subsequent parts is a good introduction to the algorithm’s forecast, its potential in being used as an analytical instrument, and possible strategies which can be utilized alongside its predictive capabilities.

Read more.


Humanity’s Age Old Obsession: Gold Price Predictions

Ever since humans discovered its illuminating surface, gold has remained a staple of what humans have considered wealth for millennia. More importantly, humans have sought to understand the meaning behind its wealth, and how its value could be tracked alongside some form of indicator. An in-depth look at money supply, fabrication demand, investor behavior, inflation rates, and interest rates might have some of the answers one looks for when searching for a correlation to gold.

Despite having seemingly multiple factors in its price changes, gold has historically remained a strong asset for risk mitigation and volatility smoothing in times of market uncertainty. To know when it is preferable to use this risk countering quality of gold, investors should augment their analysis with the I Know First algorithm which has a history of efficienty and accurately assessing the commodities market, including gold. For the 1-month forecast between May 22 and June 23, the algorithm correctly predicted 10 out of 10 commodity assets, providing an average return of 7.86%.

Read More


Top Japanese Stocks: Daily Forecast Evaluation Report

In the period between January 1st, 2019, and June 22nd, 2020, our algorithm has given forecasts for a total of 20 long and short Japanese stock positions, including the period from February 22nd, 2020 which marks the beginning of the Coronavirus pandemic. In all time horizons, the I Know First algorithm has outperformed the Nikkei 225 Index with each of the top signal groups. 

Since the beginning of Coronavirus, the Top 5 Signal Group has outperformed the Nikkei 225 Index by a total of 10.89%. This return comes from an accurate assessment of the assets analyzed due to the algorithm’s hit ratios all striking above 50% since the beginning of the pandemic. Despite the Nikkei 225 declining in every time horizon, the algorithm managed to capture opportunities which not only outperformed the Nikkei 225, but gave a positive return well above industry average.

Read more.

Want to learn more?


Letter from the CEO

Dear Readers, 

This past week, our most impressive forecasts came from the Aggressive Stocks Package. In the 1 month forecast, KIRK, DPW, and NVAX all had returns of 124.14%, 72.31%, and 64.46%, respectively. The total average return of the forecast was 41.69%, outperforming the S&P 500 index by a matter of 26 times! In the 3 month forecast, NVAX, NLS, and DPW, all had returns of 423.00%, 279.03%, and 206.85%, respectively. The total average return of the forecast was 104.87%, outperforming the S&P 500 index by a matter of 4 times!

The reason for the success of these forecasts is because of the I Know First’s algorithm’s ability to accurately and consistently predict the market’s direction. The I Know First predictive AI algorithm has been able to forecast the movement of the S&P 500 index (^GSPC) and NASDAQ (^IXIC) with an accuracy of up to 72%!

To bring this predictive power to you, we are offering 4 packages which can provide reliable and accurate forecast of the main indices direction. These packages include the world indices forecast, the SPY/S&P 500 forecast, the US sector indices forecast, and the top 10 stock picks forecast which also includes a daily forecast for the S&P 500 index.

This week we are also launching 4 new trading packages. One of these packages is for Robinhood top stock picks, a daily forecast of the 10 best stock trading opportunities among  the top 100 stocks currently traded by Robinhood platform users. Capturing a large portion of the trading market space, Robinhood has become popular among many new investors. These new investors have found great success in trading alongside the I Know First predictive algorithm, creating efficient portfolio’s with I Know First’s custom forecast capabilities and multiple stock forecasting options. 

The other 3 packages offered this week are based on a short-term predictive model for day trading. This model includes time frames ranging from a single day to 6 days. These day trading packages include the top 10 US stock picks forecast, the top 10 aggressive stock picks forecast, and the top 10 small caps forecast. All of these new packages are joining already existing short-term packages which include the daily forecast for the main US indices, VIX, oil, and gold commodities. 

In order to get this set of algorithmic tools to you as fast as possible, we are offering a limited time 4th of July offer for 15% OFF every forecast! Just use the code INDEPENDENCE at checkout! 

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 predictabilities 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.

Get Access to the Latest Heatmap + Daily Market Forecasts!

Commodities, Gold & Currencies

Gold Based on Deep Learning:
Returns up to 0.99% in 3 Days

July 5 | Read More

Gold Price Based on Big Data: 
Returns up to 1.58% in 7 Days
July 5 | Read More

Gold Based on Algo Trading:
Returns up to 27.84% in 1 Year
July 5 | Read More

Currency Forecast by AI: 
75.0% Hit Ratio in 3 Days
July 5 |
Read More

Forex Market Forecast:
61.54% Hit Ratio in 7 Days
July 5 |
Read More

Exchange Rate Forecast:
73.08% Hit Ratio in 1 Month
July 5 | 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 store closing amid the Coronavirus pandemic, changes to the new iPhone, and the launch of a new portal for Apple Card.
Being one of the first to close stores during the global crisis, Apple is set to continue closing stores as infection rates increase in the United States. With 271 stores in the United States, Apple announced the closure of 30 additional stores in addition to the 47 already closed. There is concern that if such trends continue, continued closures may hit Apple hard this year.

Forbes reported that Apple has decided not to use 120Hz displays in either the iPhone 12 Pro or iPhone 12 Pro Max. This catch-up feature meant to sport high refresh rates and increased responsiveness to touch now comes as sad news for users who were excited about this new addition being included. Regular iPhone users will most likely not notice the difference as much as those switching over to iPhone. There is also speculation on Apple excluding chargers with the new iPhones. Perhaps a disappointment to some who don’t already have chargers, this could still decrease expenses for Apple, as well as their carbon footprint.

Apple has announced the launch of an online portal for its Apple Card credit card. This bridges the gap of a lack of an online presence which frustrated many users of the service. Now this portal allows account holders to manage balances, view statements, and schedule payments. This allows users to manage their card account without the direct use of an iPhone, and without having to contact Goldman Sachs to manage or pay their bill like before. To log in, users will have to use their Apple ID, gaining access to all of the aforementioned features.

Read more.

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