Shorting Stocks

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: 1 month (12/18/2015 – 01/18/2016)
I Know First Average: 18.12%

9 of the 10 stocks included in the Top 10 Stocks forecast from 12/18/2015 decreased in accordance with the algorithm’s short prediction for the 1 month time horizon. The top performing stock was FNMA with a return of 29.61% other very good performers were FCX with 28.92% and PBR with 26.68%. Investors using the I Know First service who invested evenly in these stocks would have outperformed the -7.91% S&P 500 average  with IKF’s 18.12% average during the predicted time horizon.

Federal National Mortgage Association (FNMA) provides liquidity and stability support services for the mortgage market in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). Economy and a housing market in 2016 centers on the challenge of housing affordability coupled with expected modest economic growth. Strong home price gains, especially in the lower end of the market, continue to outplace household income growth, eroding affordability.

Algorithmic traders utilise 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.