Momentum Trading

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best stocks for momentum 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: 1 Year (6/7/20 – 6/8/21)
I Know First Average: 263.04%

8 out of 10 stock prices in this forecast for the Retail Stocks Package moved as predicted by the algorithm. The greatest return came from KIRK at 1702.21%. Further notable returns came from LE and MIK at 320.13% and 298.73%, respectively. With these notable trade returns, the package itself registered an average return of 263.04% compared to the S&P 500’s return of 32.35% for the same period.

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.