Stock Forecast

This S&P500 Companies forecast is designed for investors and analysts who need predictions of the best large cap performing stocks for the whole S&P500 Company Package (See S&P500 Company Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P500 Companies stocks to buy:

• Top 10 S&P500 stocks for the long position
• Top 10 S&P500 stocks for the short position

Package Name: S&P500 Companies
Forecast Length: 7 Days (03/09/16 – 03/16/16)
I Know First Average: 6.50%

The I Know First State of the Art Algorithm accurately forecasted 8 out of 10 stocks on the 7-day time horizon starting on March 9th, 2016 for the S&P500 companies stocks for the long position. Top performers for this package were FCX, followed by MRO and CNX, with returns of 18.01% 13.83%, and 11.19%. The package returned an average of 6.50%, compared to the S&P 500’s return of 2.42% for the same 7 days.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. After their huge oil discovery back in 2009, the prices of Oil have plunged seriously low. The green light to start working on this spot was only granted in 2012 which was a start of this disastrous event with the oil and just recently they saw a bit of light with the prices urging to stabilize the economy of these drilling companies.

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.