This forecast is part of the “By Region” package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top ten European stocks picks to long
• Top ten European stocks picks to short

Package Name: “By region” Package – European Forecast
Forecast Length: 1 Month (09/30/2015 – 10/30/2015)
I Know First Average: 22.05%

The top performing stock from the 1 month “By region” Package (Europe) forecast from 09/30/2015 was GLEN.L. It had an outstanding return of 40.19% during the predicted time horizon. Other stocks with remarkable returns were EOAN.DE, RWE.DE and EONGY. They had noteworthy returns of 31.22%, 29.88% and 29.10% respectively in just one month. The I Know First average return from the forecast was 22.05%, which offered a significant advantage to investors over the S&P 500 return of 10.36% during the same time period.

Glencore plc engages in the production, sourcing, processing, refining, transporting, storage, financing, and supply of commodities worldwide.  GLEN.L plans to invest $950 million over three years to expand operations at its Mopani Copper Mines as part of a plan to refurbish assets and lower production costs in Zambia. The Swiss mining company announced it’s halting production for 18 months in Zambia, Africa’s second-largest copper producer, in response to a drop in prices for the red metal.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.