I Know First
Weekly Newsletter | May 21, 2020

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

• Top Trade Ideas – Stock Market Opportunities in Coronavirus Times Based on AI: Returns up to 138.53% in 1 Month

• Top Featured Article – Nvidia Stock Forecast: Bullish Outlook for Nvidia in 2020

Need to Know First!

• Momentum Stocks Based on Predictive Analytics: Returns up to 44.41% in 7 Days
• High Volume Stocks Based on Artificial Intelligence: Returns up to 76.87% in 14 Days
• Netflix (NFLX)  has gained 24.75% since April 2, 2020 following I Know First’s explanation of how Netflix was one of the few companies with tailwinds from COVID-19.
• Nvidia (NVDA) Stock is up 9%in the last 3 trading days since our bullish May 13, 2020 forecast that is also featured as one of this week’s top blog posts.
• Amazon (AMZN) returns are now up 26.39% since April 4, 2020 when an upside prediction explained Amazon’s strong positioning. 

Weekly Winning Forecasts

Stay Ahead Of The Curve: AI Weekly

Stock Market Predictions: I Know First S&P 500 & Nasdaq Evaluation Report – Accuracy Up To 82%

In this forecast evaluation report, we examine the performance of the stock market predictions generated by the I Know First AI Algorithm for the S&P 500 and Nasdaq indices with time horizons ranging from 3 days to 1 year, which were delivered daily to our clients. Our analysis covers the time period from the 26th November 2018 to 26th January 2020. Below, we present our key takeaways for checking hit ratios of our stock market predictions.

We have achieved good results particularly by forecasting the Nasdaq ETF with a hit ratio of 82%. These indicate that our services were able to predict the movement of these indexes correctly more than 8 out of 10 times. Additionally, almost all forecasts are more than 70% accurate for the longest time horizons We can also notice that each index had almost the same hit ratio as its ETF. Thanks to our abilities to predict the S&P 500 and Nasdaq indices and related ETFs through our Artificial Intelligence system, we provide services to our clients in order to their investment is safer and more profitable.

Read more.

Day Trading Strategy: An In-depth Analysis of Realistic Back-Tests 

While the I Know First algorithmic predictions for short-term stocks are often utilized for their relevance in timing mid and long-term investments, we back-test their ability to exploit market trends and offer high returns through multiple day trading models. In this article, we explore in more detail one of the I Know First strategies in order to better understand the limitations and adjustments needed to implement it most efficiently when live-trading.

By leveraging the algorithm’s signals on an intraday time-scale we are able to improve the strategy’s performance to finally attain realistic portfolio returns above 45%. This demonstrates that our method can not only be implemented live but also improved by taking advantage of intraday trading rules and making calculated adjustments to maximize its performance.

Read more.

Stock Forecast Success On Air: News 13 Channel Visits I Know First And Builds Winning Portfolio

Journalists from Israel’s News 13 TV visited the I Know First office this week to assess the algorithm’s performance. The idea for the story was quite simple: the journalists would get a short brief about I Know First and its predictive stock forecast AI and then try to build two portfolios using the AI predictions. More specifically, the Top 20 stock picks package would be used for the experiment. The first portfolio would be built for passive investment, which would just stay untouched throughout the review period, and the other – for active investment, which would see buy and sell orders placed on a daily basis. If the active portfolio beats the passive one by 100% or more in terms of returns, the test would be passed.

Would the company live up to its promise of delivering accurate stock market forecasts, relying on an advanced AI? Spoiler alert: it did.

Read more.

Nvidia Stock Forecast: Bullish Outlook for Nvidia in 2020

The chip industry is facing both challenges and opportunities under the current situation, as e-sport events are cancelled but stay-at-home advice also caused increase in video gaming time. The overall influence is still unclear. As the leader in its sector, Nvidia maintains its share in GPU market, as well as expands to new markets, for example systems for autonomous vehicles to seek for growth.

Generally speaking, the company is under a very good financial situation with abundant cash to serve its future projects. It generates good profit and cash from its operations and doesn’t need much debt finance to support its business. The multiple valuation suggests that it’s reasonable to hold the stock while DCF model shows it would be fair to buy the stocks. Moreover, the AI-driven stock forecast generated by I Know First predictive algorithm indicates a strong bullish signal up to the value of 838.62 and predictability of 0.81 on 1 year horizon for NVDA.

Read More

DDD Stock: Stagnant Business and Competition Are Major Headwinds For 3D System

After quitting its takeover attempt of HP, Inc, Xerox Corporation will likely accelerate is metal-based 3D printer plans. This can 3D Systems’ stagnate sales more. Like HP, Xerox is also a much bigger company than 3D Systems. Those two printing giants can afford to outspend 3D Systems in advertising and contra revenue-based marketing.

3D Systems will also have a hard time competing with the industrial 3D printers made by Chinese companies. There’s almost-zero chance that 3D Systems can penetrate the Chinese market. The competition from Xerox, HP, and Chinese companies makes 3D Systems a sell. We all love this 3D printing pioneer but it’s time to throw in the towel on DDD. DDD is a sell. The predictive algorithm of I Know First gives a slightly bullish one year forecast for this stock. However, the chart below states that I Know First’s AI has a very low predictability score, 0.29, over its one-year forecasts for 3D Systems’ stock.

Read more.

Want to learn more?

• AAPL Stock Forecast: Why Apple Deserves A Price Target of $330
• Algo Trading: Trading Fast And Slow
• Press Release: How to Capture Stock Market Gains During Chaotic Coronavirus Times Using AI

Letter from the CEO

Dear Readers, 

The coronavirus stock market rally declined last week, but rebounded from key levels and finishing strong. Despite the negative performance of the S&p 500 index, the I Know First Predictive Algorithm managed the find opportunities. For example, NVAX jumped 13% on Friday and 138% since this bullish forecast in one month as part of the I know First Coronavirus stock market package. On top of that, Nvidia rose 9% over the last week and 15% since this forecast in accordance with the AI prediction. As if that wasn’t enough, our AI algorithm identified FET and CPST with 37% and 28% in the last 3 days. There were even more opportunities in WIX and MGNX with 34.5% and 24.5% in 7 days respectively. 

Specifically, the I Know First Special Coronavirus package was one of the best this week. Over a one month period, stocks such as NVAX returned up to 138.5%. Over 14 days, returns reached 25%  thanks to stocks such as Shopify. The package was successful even in the short term, despite volatility. For example, in 7 days the algorithm identified PYPL as an opportunity and it proceed to gain 14.05% over this time period. Finally, over just 3 days, the package produced gains up to a whopping 78.08%! Clearly this special timely package has a proven track record of success.You can learn more about this unique opportunity here! 

We are currently in a unique period we a numerous opportunities. Just last week Saudi Arabia’s sovereign wealth fund has gone bargain hunting during the current economic turmoil, snapping up about $7.7 billion worth of shares in blue chip companies. The Public Investment Fund bought stakes in global corporate leaders such as Boeing, Facebook, Disney, Marriott and Starbucks.

Stock market experts say the buying spree reflected confidence on the part of the PIF that companies badly affected by the economic fallout from the COVID-19 pandemic would recover quickly, and their share prices would rise. What they know that you don’t know? It’s time for you to know first.

Warmest Regards

Yaron Golgher, Co-Founder and CEO

Q: What is the heat map?
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 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. What is the accuracy (checks and x marks)?
A. If the algorithm correctly predicts the direction of a stock’s movement, a check mark is placed next to the stock’s return and if the algorithm is incorrect in its prediction, an x mark is placed next to the stock’s return.

Q. Do your predictions come with entry and exit points?
A. Our predictions change daily as the algorithm processes the previous day’s new information and as it learns from the previous day’s successes and failures. There are no hard and fast rules for when to enter and exit, but if you see that a stock enters the Top 10 in either the 1-month or 3-month predictions, it is a good idea to wait a week or so to observe the stock’s movement before buying it. It is important to look at both the evolution of stock’s long-term signal as well as the general direction of the stock’s short-term predictions. If the stock has negative short-term predictions, you may be able to buy the stock for a discount before buying it for its projected long-term growth.