Stock 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 daily predictions 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 (02/12/2016 – 02/26/2016)
I Know First Average: 9.82%

The algorithm correctly predicted 8 out of 10 stocks to increase for this package on the 14-day time horizon, plus also correctly forecasted that the S&P 500 would increase. The top performing stock in this package for this time horizon was TSLA with an impressive 26. 50% in 2 weeks. Other notable stocks in this package were PCLN, ABX, and UHAL with returns of 18.86%, 13.20%, and 12.30%. The average return for this package was 9.82% compared to the S&P 500’s return of 6.50% for the same period.

Tesla Motors, Inc. (TSLA) designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally. State legislators in Indiana recently struck down a proposed amendment that would have banned the company from making direct sales to consumers in the state.

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.