Market Movers Based on Algo-trading: Up to 101.91% Return in 1 Year

Market Movers

This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

Top 10 tech stocks for the long position
Top 10 tech stocks for the short position

Package Name: Tech Stocks
Forecast Length: 1 Year (16/11/14 – 16/11/15)
I Know First Average: 24.49% (long) and 15.29% (short)

Market Movers

The algorithm correctly predicted 9 of the 10 stocks forecasted to increase and 9 of the 10 of the descreasing ones, during the predicted time horizon of 1 year in the tech stocks package forecast from 16/11/2014. The most impressive prediction was for NFLX, which offered a return of 101.91%. Other impressive picks were NVDA and BBRY which increased by 56.23% and 32.86%%, respectively. The average return from this forecast was 24.49% (long) and 15.29% (short), compared to the S&P 500, which recorded 0.66%.

Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has released a tool called Spinnaker that it says “is an open source multi-cloud Continuous Delivery platform for releasing software changes with high velocity and confidence.” Netflix partnered with Google, Microsoft, and EMC’s Pivotal to build Spinnaker over the past year or so, and have released the platform code on GitHub.

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 algorithmic traders.

How to interpret this diagram

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