Momentum Investing Based On Machine Learning: Up To 44.11% Return In 1 Month

Momentum Investing

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

Package Name: Top 10 Stocks
Forecast Length: 1 Month (01/29/16 – 02/29/16)
I Know First Average: 7.78%

Momentum Investing

The I Know First’s 1 month  forecast from the 29th of January  2016, predicted  6 out of 10 stocks increase. ABX  had the most impressive performance with a return of 44.11%. CFX  and CNI were also impressive with one week returns of 19.95% and 9.72% respectively. I Know First investors saw an average overall return of 7.78% with this package, compared to the S&P 500’s return of 2.05% during the same 1 month time period. The algorithm correctly predicted the bullish signal of the S&P500.

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, including the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia

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.

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