Quant Algo: Return up to 36.93% in 14 Days

Quant Algo

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 daily predictions 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: 14 days (02/14/2016 – 02/28/2016)
I Know First Average: 12.04%

Quant Algo

The algorithm correctly predicted an outstanding 10 out of 10 stocks to increase for this package on the 14-day time horizon, plus also correctly forecasted that the S&P 500 would increase. The top performing stock in this package for this time horizon was LNG returning 36.93%. Other top stocks were TSLA, PCLN, and ABX with respective returns of 26.02%, 18.55%, and 10.61%. The package as a whole returned an average of 12.04% and the S&P 500 saw growth of 4.47%.

Cheniere Energy, Inc. (LNG) is a producer and distributor of liquefied natural gas. The company recently loaded up their first shipment at a new export facility on the gulf coast of Louisiana. This shipment is notable because the U.S. thought, not too long ago, that there would need to be an increase in the import of natural gas due to wavering production. Now, the company is launching their first shipment to Brazil.

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.