S&P 500 Forecast Based On Artificial Intelligence: Up To 20.74% Return in 14 Days

S&P 500 Forecast

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 (1/03/16 – 1/17/16)
I Know First Average: 12.82% (short)

S&P 500 Forecast

I Know First’s 14-day forecast from the S&P500 Stocks package correctly predicted 10 of the 10 stocks for short positions as the Algorithm. During the predicted time period, AA was the top stock to short, returning 26.65%. Other good shorts were WFT, which returned 20.74% and CHK, which returned 17.56%. The average return for the short forecast was 12.82%, during the same time period the S&P500 returned -7.98%.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company has been in a tough position as commodities prices have been low. Furthermore, Alcoa’s plans for a company split have not inspired investor confidence.

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.