Momentum Stock Trading Based on Deep Learning: Returns up to 48.49% in 14 Days

Momentum Stock Trading

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best stocks momentum stock trading in the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

  • Top 10 Retail stocks for the long position
  • Top 10 Retail stocks for the short position

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 14 Days (2/26/21 – 3/13/21)
I Know First Average: 18.88%
Momentum Stock Trading
Momentum Stock Trading chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Retail Stocks Package for this 14 Days forecast. The top-performing prediction in this forecast was EXPR, which registered a return of 48.49%. Additional high returns came from CAR and BBW, at 27.93% and 24.47% respectively. This algorithmic forecast package presented an overall return of 18.88% versus S&P 500’s performance of 2.98% providing a market premium of 15.90%.

Express, Inc. (EXPR) operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America, the Middle East, and South Africa. As of January 30, 2016, it operated 653 stores in the United States, Canada, and Puerto Rico. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. (EXPR) in May 2010. Express, Inc. (EXPR) was founded in 1980 and is based in Columbus, Ohio.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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