Market Outlook Based On Artificial Intelligence: Up To 31.85% in A Month

Market Outlook

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 1 Month (10/16/15 – 11/16/15)
I Know First Average: 4.07% (Long) and 11.35% (Short)

Market Outlook


On the long side, KITE took the lead returning 23.20% during the 1-Month time horizon as the algorithm indicated.  ALNY and VRTX were also included in the top 10 picks of the S&P500 and had returns of 18.58% and 8.20% respectively over 1-Month. The average return of this 1-Month forecast was 4.07% compared to the S&P500 which returned 1.45%. On the short side, FCX returned 31.85% and CHK returned 24.07%. The I Know First Short Average was 11.35%.

Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile. Freeport-McMoran, Inc. (NYSE:FCX) witnessed a decline in the market cap on Friday as its shares dropped 1.03% or 0.09 points. 11 analysts have set the short term price target of Freeport-McMoran, Inc. (NYSE:FCX) at $15.34.

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.