S&P 500 Forecast Based On Black Box Trading: Up To 28.67% Return In 1 Month

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: 1 month (01/01/2016 – 02/01/2016)
I Know First Average: 12.16%

S&P 500 Forecast

The algorithm correctly predicted 9 out of 10 stocks to decrease over the 1-month period from January 01 th, 2016. CHK had an incredible performance with a 28.67% return, with AA and WFT following with returns of 26.95% and 24.55% respectively. The I Know First package had an overall average return of 12.16% in the short position for this 1-month time horizon, easily beating the S&P 500’s return of -5.12% for the same period.

Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States.

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.