Prediction Markets

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: 30 Days (9/27/15 – 10/27/15)
I Know First Average: 13.33%

The algorithm correctly predicted 8 of the 10 stocks forecast to increase during the predicted time horizon of 7 days in the tech stocks package forecast from 9/27/2015. The most impressive prediction was for YGE, which offered a return of 81.95% during the predicted time horizon to investors who bought this stock. Other impressive returns were YHOO and NPTN which increased by 17.75% and 16.77%, respectively. The average return from this forecast for investors was 13.33%, offering a premium to investors over the S&P 500 return of 6.97% during the predicted time horizon.

Yingli Green Energy  Holding Company Limited (YGE) is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Part of what contributed to YGE’s rise this month is that Fall is the season when most people want to install solar panels. The company also restructured their repayment plan for mid-term notes on October 13th.

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.