Quick Win By The Algorithm

Chesapeake Energy Corporation (CHK)

On November 2nd, 2016, Chesapeake Energy Corporation (CHK) was a top stock pick based on our predictive algorithm. CHK had a signal of 18.64 and a predictability of 0.14. In accordance with the algorithm, the company reported short-term capital gains of 21.16%, experiencing a quick win by the algorithm.

Chesapeake Energy Corporation (CHK) is an energy company that explores, develops, and acquires properties to produce natural gas and crude oil.  The company is headquartered in Oklahoma City, OK.

Chesapeake Energy Corporation will be releasing Q3 earnings later today. Average Earnings Projections for CHK are $-0.03/share. The Low Estimate of CHK is $-0.1/share and a High Estimate of $0.02/share.

This bearish forecast on CHK was sent to current I Know First subscribers on October 26th, 2016.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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