S&P 500 forecast Based on Self-Learning Algorithm: Up to 20.24% (Short) Return in 14 Days

SP500 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 picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 14 Days (12/1/15 – 12/15/15)
I Know First Average: 9.72% (Short)

SP500 Forecast

I Know First’s 14-Day forecast the stocks package witnessed a remarkable 10 of the 10 stocks decrease in accordance with the Stock Market Algorithm prediction. FCX took the lead returning -20.28% during the 14-day time horizon as the algorithm indicated. Likewise, HUN and WFT were also included in the top 10 short picks of the Top 10 S&P500 and had strong returns of -20.28% and -15.54% respectively over the month. The average return of 9.72% during the forecasted time horizon easily outperformed the S&P 500 average return of -1.78% during the same time.

Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile. Freeport’s struggles have been a result from low copper prices, and for being involved in a extortion scandal with the Indonesian Government.

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.