Quant Trading: Up to 20.95% in 14 Days

Quant Trading

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: 14 days (01/10/16 – 01/24/16)
I Know First Average: 2.12% (Long) & 5.59% (short)

Quant Trading

I Know First’s 14 Days forecast from the S&P500 Stocks package witnessed a 6 of the 10 stocks for the long and remarkable 8 of the 10 stocks for the short positions accordingly as the Algorithm correctly predicted. CHK was the Top Stock from the S&P500 package returning an incredible 20.95% only in 14 Days. The average return of 2.12% for the long position and 5.59% for the short position over the forecast time horizon easily outperformed the S&P500 average return of -0.79% over the same time.

Chesapeake Energy Corporation (CHK), produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. As the price of gas and oil continues falling it’s taking a bigger and bigger toll on the stock value with it’s dividends getting suspended in January.

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.